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Source: MIL-OSI Submissions

Sea
and air transport values rising – Media release

2 March 2021

Spending on international sea and air transportation
services has risen steadily from a low level in the June 2020 quarter,
pushing up total transportation services imports by $100 million in the
December 2020 quarter, Stats NZ said today.

Transportation services captures the expenditure
associated with carrying objects and people into and out of New Zealand,
other supporting services, as well as postal and courier services.

“New Zealand retailers are reporting much
higher overseas freight costs than a year ago, after delays caused by the
COVID-19 pandemic and a shortage of shipping containers,” international
trade manager Alasdair Allen said.

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