Exports rose $671 million in the March month, to $5.1 billion. Milk powder, butter, and cheese led the rise in exports, up $474 million (45 percent) compared with March 2013.
“This is the first time monthly exports have exceeded $5 billion, and annual exports have exceeded $50 billion,” Mr Attewell said. “Record dairy exports pushed the values past these thresholds.”
- Exports for the year to March 8.5% higher than a year ago
- Exports for the March quarter 17.4% higher than a year ago
- trade surplus is $805 million compared to a $4.7 billion deficit in 2008/09
- In last year dairy exports up 30.5%, forestry up 23.6%, textiles up 15.0%