The quarterly trade surplus has widened, with exports falling by less than imports.
Official figures show the seasonally-adjusted surplus stood at $378 million in the three months to September, the third successive quarterly trade surplus .
Statistics New Zealand says exports fell 2.5% to $10.8 million, with lower meat sales being partly offset by higher milk powder, butter and cheese prices. Imports fell 3.1%, to $10.4 million.
On an annual basis, the trade surplus stood at $921 million, the highest level since 2001.