EnNew Zealand moved into a trade deficit in July, according to official figures, at a level inline with those expected by economists. The main reason was a 9% drop in exports to the U.S., trade with which is led by wine, timber and fruit according to Panjiva data. While imports dropped 10% on a year earlier globally, aircraft shipments kept them above seasonal levels, hence the deficit.
Supply Chain Research
Related Research
Supply Chain Edge: EV tariffs arrive, dealing with droughts, Apple adds to the AI wave
• The EU launched long-awaited duties on imports of electric vehicles from mainland China – we dig into the next steps and key da... Read more →
Supply Chain Edge: Under the EU influence, spinning up electronics
• The EU may delay its initial judgment on mainland China’s electric vehicle supply chains, reducing geopolitical pressures, alth... Read more →
Supply China Edge: Tech restrictions widen, Adidas kicks inventory, rate boom returns
• In new research this week, we dive into Japan’s latest technology restrictions, which follow a surge in exports to mainland Chi... Read more →
Supply Chain Edge: Stellar start, building ban, India’s Apple
• In new research this week, we find that US seaborne imports have a stellar start to 2024 with growth of 15% year over year in t... Read more →
Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.
