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New Zealand Sees 12 Percent Surge in Exports
(MENAFN) New Zealand's merchandise exports climbed sharply in April, hitting NZ$8.6 billion — a 12 percent increase compared to the same month a year earlier — as meat, dairy, gold, and crude oil all posted significant gains, according to official figures released Thursday.
Stats NZ reported that export values swelled by NZ$943 million against April 2025 levels, with four commodity categories collectively responsible for roughly three-quarters of that growth.
Meat was among the standout performers, surging 26 percent year-on-year to NZ$1.3 billion, powered primarily by robust beef and sheep meat shipments, the statistics agency noted.
Dairy — encompassing milk powder, butter, and cheese — rose a more measured 7 percent to NZ$2.3 billion, with milk powder bearing the bulk of the increase, Stats NZ added.
Gold exports delivered a striking 145 percent jump, reaching NZ$262 million, with Australia absorbing the lion's share of those shipments. Crude oil exports, which tend to swing sharply month-to-month depending on the timing of large individual cargoes, skyrocketed 388 percent year-on-year to NZ$151 million in April 2026.
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