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Source: MIL-OSI Submissions

Annual imports drop sharply in wake of COVID-19 – Media release

28 January 2021

Imports fell heavily in 2020, down $7.4 billion compared with the year to December 2019, but exports held up in in the year, despite the COVID-19 pandemic, Stats NZ said today.

“Annual imports started to drop away in the early stages of 2020, as the pandemic spread, affecting cargo supply lines and factory production around the world,” international trade manager Alasdair Allen said.

“The December year fall in annual imports was the largest annual December fall since December 2009,” Mr. Allen said.

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