Exports to China take hit from covid-19

Mon, 02 Mar 2020

Cumulative exports to China from Jan. 27 to Feb. 23 may be around $300 million, or 19 percent, lower than they would have been without covid-19, according to provisional data from Stats NZ. The government statistics agency emphasised today’s data is provisional and is “an early, indicative estimate.” It was quick to say the numbers are not a forecast but a “helpful guidepost.” The cumulative total value of exports to China in the period was $1.1 billion, down around $93 million or 8 percent compared to the same four-week...

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