China cements top position as NZ export destination in November

Tue, 22 Dec 2015

By Tina Morrison Dec. 23 (BusinessDesk) - China cemented its position as New Zealand's top export destination in November, as increased shipments of milk powder, butter and beef to Asia's largest economy contrasted with a decline in crude oil sales to Australia. Goods exported to China soared 17 percent to $803 million in November from the year earlier month, taking annual exports to the country to $8.53 billion, Statistics New Zealand said. Exports to Australia slipped 4.1 percent to $726 million in the month, for an annual total of $8....

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