Home / Knowledge / News / Textiles / Oil behind rise in exports again
Oil behind rise in exports again
07
Jan '08
The total value of merchandise exports in November 2007 rose 18.4 percent compared with November 2006, Statistics New Zealand said. This is the second consecutive month to see a large increase driven by petroleum and products. Combined, these two commodity groups made up a third of all exports and accounted for over 90 percent of the increase from November 2006.

Petroleum and products exports also showed a large increase, with crude oil making up most of the change. Merchandise imports in November 2007 were valued at $3.9 billion, the second highest figure for any month, following the record set in October 2007.

In November 2007, the monthly trade balance was a deficit of $646 million, down from the two largest November deficits, recorded in 2005 ($1.2 billion) and 2006 ($820 million). It is typical for the November month to be in deficit – a November surplus was last seen in 1991.

Statistics New Zealand


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X