(MENAFN) New Zealand's goods trade surplus in May fell slightly as dairy exports to China dropped, the government's statistics agency said, Xinhua reported.
Total goods exports fell by 4.7 percent compared to the same period a year earlier to USD3.03 billion in May, according to Statistics New Zealand.
Milk powder, butter, and cheese exports led the fall, down by 28 percent, or USD238.63 million, according to the released statistics.
"Despite dairy exports falling, they accounted for one fifth of total goods exports in May," international statistics manager said in a statement.
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