Overseas Merchandise Trade: November 2015

Number of working days There were 20 working days in November 2014 and 21 in November 2015. Data influencers The value of aircraft imported in November 2015 was imputed based on the value of twin-aisle aircraft imports. The inclusion of this aircraft will apply for the overseas trade indexes information releases published on 1 March 2016. Balance of payments and international investment position release on 16 March 2016 and gross domestic product information release on 17 March 2016 are not affected. Foreign currency conversions – November 2015 Import values are converted from foreign currencies when import documents are processed by New Zealand Customs Service (NZCS). We convert values given in foreign currencies into New Zealand dollars (NZD), using weekly exchange rates, when we compile the statistics. Currency Number of exports Value in foreign currency ($ million) Value in NZD ($ million) Average exchange rate USD 40,709 1,588 2,397 0.6625 AUD 41,065 325 351 0.9273 EUR 4,574 107 175 0.6114 GBP 2,116 39 90 0.4339 JPY 913 3,460 43 80.69 Other currencies 2,193 ... 56 ... Total in foreign currency 91,570 ... 3,112 ... NZD 74,425 ... 969 ... Total 165,995 ... 4,081 ... Symbol: ... not applicable In November 2015, we converted 91,570 export line entries worth $3.1 billion into NZD. See Data source for more information on the use of exchange rates. Revisions - November 2015 We have updated provisional values published on 26 November 2015. Merchandise trade statistics for the latest three months are provisional so we can include late data and amendments. Trade data can be revised for many reasons. For more information see: Why overseas merchandise trade data can change. Investigating how overseas merchandise trade data can change after publication. Revisions to exports (fob $million) Time Period Month Published on 26 November 2015 Published on 23 December 2015 Change Month Aug 2015 3,714 P 3,710 F -4 Month Sep 2015 3,677 P 3,677 P 0 Month Oct 2015 3,830 P 3,813 P -17 Year end Aug 2015 49,061 P 49,057 F -4 Year end Sep 2015 49,122 P 49,118 P -4 Year end Oct 2015 48,941 P 48,921 P -21 Revisions to imports (cif $million) Time Period Month Published on 26 November 2015 Published on 23 December 2015 Change Month Aug 2015 4,800 P 4,800 F 0 Month Sep 2015 4,817 P 4,817 P 0 Month Oct 2015 4,794 P 4,718 P -75 Year end Aug 2015 52,446 P 52,446 F 0 Year end Sep 2015 52,287 P 52,287 P 0 Year end Oct 2015 52,178 P 52,103 P -75 Revisions to balance (fob-cif, $million) Time Period Month Published on 26 November 2015 Published on 23 December 2015 Change Month Aug 2015 -1,087 P -1,090 F -4 Month Sep 2015 -1,140 P -1,140 P 0 Month Oct 2015 -963 P -905 P 58 Year end Aug 2015 -3,384 P -3,388 F -4 Year end Sep 2015 -3,165 P -3,169 P -4 Year end Oct 2015 -3,237 P -3,182 P 54 Symbols: F final P provisional en-NZ