New Zealand'S Wool Exports Increased By 21% In August This Year.

2011/9/28 10:11:00 50

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Statistics released by the New Zealand Statistics Bureau said August this year.

New Zealand

The export amount was 3 billion 400 million NZD, an increase of 313 million NZ yuan compared with the same month last year, with a growth rate of 10%.

In August this year, exports of meat, crude oil, dairy products and fruits in New Zealand increased by 76 million (32%), 73 million (65%), 71 million (14%) and 5900 (50%) NW respectively compared with the same month last year.

New Zealand BNZ Bank economist said New Zealand August year

Trade

The performance of the surplus is boosted by the continued strong export of dairy products and timber. In the future, the meat industry will continue to be prosperous. However, other agricultural products prices have been alerting. Among them, Fonterra, the main exporter of New Zealand dairy products, predicts that the purchase price of milk will fall by 13% next year, which will also be affected by the global construction industry downturn, which will also put pressure on the price and quantity of New Zealand timber exports.

Economists of New Zealand ANZ bank also agree with the risk of falling agricultural commodity prices in New Zealand. However, because the New Zealand export market is quite fragmented, it will temporarily slow down the impact. However, if the economic growth of OECD has been further slowed down, it will also affect New Zealand's major trading partners and export New Zealand's exports.

Data from this month also showed that New Zealand was on the mainland of China.

Exit

The volume increased by 117 million NZ yuan (47%) compared with the same month last year, of which pine timber exports increased significantly, while exports to the US fell by 27 million yuan (10%) in the same month.