Overseas Merchandise Trade: June 2015

Number of working days There were 21 working days in June 2015, compared with 20 in June 2014. Foreign currency conversions – June 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 38,696 1,733 2,454 0.7062 AUD 41,647 256 281 0.9141 EUR 6,193 175 277 0.6328 GBP 2,532 45 98 0.4557 JPY 1,058 8,497 97 87.21 Other currencies 2,123 ... 72 ... Total in foreign currency 92,2479 ... 3,279 ... NZD 72,341 ... 952 ... Total 164,590 ... 4,231 ... Symbol: ... not applicable In June 2015, we converted 92,249 export line entries worth $3.3 billion into NZD. See Data source for more information on the use of exchange rates. Revisions We have updated provisional values published on 26 June 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 26 June 2015 Published 24 July 2015 Change Month Mar 2015 4,905 P 4,905 F -1 Month Apr 2015 4,134 P 4,135 P 1 Month May 2015 4,360 P 4,359 P 0 Year end Mar 2015 48,916 P 48,915 F -1 Year end Apr 2015 48,643 P 48,644 P 0 Year end May 2015 48,429 P 48,429 P 0 Revisions to imports (cif $million) Time Period Month Published 26 June 2015 Published 24 July 2015 Change Month Mar 2015 4,244 P 4,244 F 0 Month Apr 2015 3,951 P 3,951 P 0 Month May 2015 4,010 P 3,988 P -22 Year end Mar 2015 51,287 P 51,287 F 0 Year end Apr 2015 51,299 P 51,299 P 0 Year end May 2015 51,000 P 50,978 P -22 Revisions to balance (fob-cif, $million) Time Period Month Published 26 June 2015 Published 24 July 2015 Change Month Mar 2015 661 P 661 F 0 Month Apr 2015 183 P 184 P 1 Month May 2015 350 P 371 P 21 Year end Mar 2015 -2,372 P -2,372 F 0 Year end Apr 2015 -2,656 P -2,655 P 1 Year end May 2015 -2,570 P -2,549 P 22 Symbols: F final P provisional en-NZ