Friday, July 25, 2014
The value of exported goods has fallen 7.4% in the June quarter.
The seasonally adjusted value of exports was $12.4b.
The drop follows a small increase in the March quarter, and large increases in the September and December quarters.
Dairy prices have contributed to the decrease, with milk powder, butter and cheese down 8.1%.
That's a drop of $335m.
Logs, meat and fruit also fell.
Overall there was a trade deficit in the June quarter of $146m.