Overseas Merchandise Trade: December 2015

Number of working days There were 21 working days in December 2014 and 21 in December 2015. Foreign currency conversions – December 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 42,795 1,796 2,690 0.6677 AUD 35,889 305 331 0.9224 EUR 5,679 125 202 0.617 GBP 2,553 47 106 0.4425 JPY 845 2,655 33 81.5 Other currencies 1,993 ... 55 ... Total in foreign currency 89,754 ... 3,417 ... NZD 59,359 ... 1,012 ... Total 149,113 ... 4,429 ... Symbol: ... not applicable In December 2015, we converted 89,754 export line entries worth $3.4 billion into NZD. See Data source for more information on the use of exchange rates. Revisions - December 2015 We have updated provisional values published on 23 December 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 23 December 2015 Published on 28 January 2016 Change Month Sep 2015 3,677 P 3,677 F 0 Month Oct 2015 3,813 P 3,813 P 0 Month Nov 2015 4,081 P 4,074 P -7 Year end Sep 2015 49,118 P 49,118 F 0 Year end Oct 2015 48,921 P 48,920 P 0 Year end Nov 2015 48,961 P 48,953 P -7 Revisions to imports (cif $million) Time Period Month Published on 23 December 2015 Published on 28 January 2016 Change Month Sep 2015 4,817 P 4,817 F 0 Month Oct 2015 4,718 P 4,717 P -1 Month Nov 2015 4,859 P 4,872 P 13 Year end Sep 2015 52,287 P 52,287 F 0 Year end Oct 2015 52,103 P 52,102 P -2 Year end Nov 2015 52,639 P 52,650 P 11 Revisions to balance (fob-cif, $million) Time Period Month Published on 23 December 2015 Published on 28 January 2016 Change Month Sep 2015 -1,140 P -1,140 F 0 Month Oct 2015 -905 P -904 P 1 Month Nov 2015 -779 P -799 P -20 Year end Sep 2015 -3,169 P -3,169 F 0 Year end Oct 2015 -3,182 P -3,181 P 1 Year end Nov 2015 -3,678 P -3,697 P -19 Symbols: F final P provisional en-NZ