Dairy products give big boost to exports

Official figures showed a surplus of $242 million in June compared with the previous month’s $103m surplus.

Exports rose 11 percent, led by a big increase in dairy commodities such as milk powder, butter and cheese.

Imports rose 7.7 percent, led by cars and petroleum.

On an annual basis, the trade deficit narrowed to $3.7bn compared with May’s $3.8bn.

Source: Radio New Zealand

Link: http://www.radionz.co.nz/news/business/335861/dairy-products-give-big-boost-to-exports

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