Disruptions take a bite out of November imports

Fri, 18 Dec 2020

Disruptions in global supply chains and delays at New Zealand ports took a bite out of imports in November.Imports fell $1 billion, or 17 percent, to $5 billion in November compared to the same month a year earlier.“November is typically a strong month for imports, but reduced air and sea freight capacity may have limited imports for a range of products,” said Stats NZ international trade manager Alasdair Allen.Exports, meanwhile, were largely flat, down 0.2 percent from a year earlier at $5.2 billion. A fall in exports of meat...

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