Missed Platform Explains NZ Trade Dip, Ozzie Agriculture the Real Game — Panjiva
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Missed Platform Explains NZ Trade Dip, Ozzie Agriculture the Real Game

Ags - Meat/Dairy 268 China 3047 New Zealand 36 Trade Balance 935

New Zealand’s exports fell 6% on a year earlier in February. That was worse than the unchanged result expected by economists, but can be explained by a one-off export of an oil platform a year earlier. Shipments to China increased 6%, driven by dairy exports – the leading product line Panjiva data shows. Yet, maintaining this growth may be a challenge as regional rival Australia is in the process of agreeing new agriculture deals with China.

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