Because of the increase in price of dairy products, the value of exports in New Zealand went up in the month of August by $405 million. Statistics New Zealand also showed that the total value of

Statistics New Zealand says the total value of goods exported in August was $3.2 billion. During the same month the imports were up by $126 million. But despite the same, there has been a rise in the trade surplus. It is now $866 million as compared to last year.

Besides dairy it was aircraft that recorded a second best increase in terms of value. Logs and wood segment was positioned as the third best and was at $40 million.

The largest fall, was in the area of crude oil along with decrease in kiwifruit exports as well. Meat exports too were down by 7.6 per cent.

Exports have increased since September last year. The growth has been close to 15 per cent after the same went down for 10 consecutive months. Meanwhile, during the same period imports too have gone up and the rise has been to the tune of 3.6 per cent. Vehicle and its parts are one of the major contributors.