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Kiwi Gold and apples drive export New Zealand

New Zealand recorded a larger trade surplus than estimated. Mainly the larger export volumes of yellow kiwi and apples contributed to this. The trade surplus amounts to 292 million dollars. This is substantially more than the 60 million dollars expected by experts, and also more than the 184 million dollars reported a year earlier. Export increased by 4 per cent to 4.3 billion dollars. Import increased by 1.5 per cent to 4.01 billion dollars.

Sales of fruit increased by 16 per cent to 418 million dollars compared to April 2015. The largest riser is the yellow kiwi, which reported a growth in sales of 53 per cent with a 29 per cent increase in volume. Apples also did well. Export increased by 29 in value and 13 per cent in volume. Annually, export of fruit increased by 33 per cent to 2.42 billion dollars, the fastest growth of the 12 largest product groups.

Source: NBR