Overseas Merchandise Trade: September 2016

Number of working days There were 22 working days in September 2015 and 22 in September 2016. Foreign currency conversions – September 2016 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 | 32,384 | 1,261 | 1,732 | 0.7277 | | AUD | 37,315 | 288 | 299 | 0.9635 | | EUR | 4,474 | 147 | 226 | 0.6496 | | GBP | 1,854 | 31 | 56 | 0.553 | | JPY | 1,378 | 4,464 | 60 | 74.79 | | Other currencies | 2,420 | ... | 117 | ... | | Total in foreign currency | 79,825 | ... | 2,490 | ... | | NZD | 61,136 | ... | 977 | ... | | Total | 140,961 | ... | 3,467 | ... | Symbol: ... not applicable In September 2016, we converted 79,825 export line entries worth $2.5 billion into NZD. See Data source for more information on the use of exchange rates. Revisions – September 2016 We have updated provisional values published on 26 September 2016. 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 September 2016 Published on 27 October 2016 Change Month Jun 2016 4,243 P 4,243 F 0 Month Jul 2016 3,965 P 3,965 P 0 Month Aug 2016 3,387 P 3,380 P -7 Year end Jun 2016 49,325 P 49,325 F 0 Year end Jul 2016 49,122 P 49,122 P 0 Year end Aug 2016 48,799 P 48,792 P -7 Revisions to imports (cif $million) Time Period Month Published on 26 September 2016 Published on 27 October 2016 Change Month Jun 2016 4,136 P 4,136 F 0 Month Jul 2016 4,316 P 4,317 P 0 Month Aug 2016 4,652 P 4,623 P -29 Year end Jun 2016 52,660 P 52,660 F 0 Year end Jul 2016 52,077 P 52,078 P 0 Year end Aug 2016 51,929 P 51,900 P -29 Revisions to balance (fob-cif, $million) Time Period Month Published on 26 September 2016 Published on 27 October 2016 Change Month Jun 2016 107 P 107 F 0 Month Jul 2016 -351 P -351 P 0 Month Aug 2016 -1,265 P -1,243 P 22 Year end Jun 2016 -3,335 P -3,335 F 0 Year end Jul 2016 -2,956 P -2,956 P 0 Year end Aug 2016 -3,131 P -3,109 P 22 Symbols: F final P provisional en-NZ