Hon GRANT ROBERTSON (Minister of Finance): Last week, Stats NZ released its latest merchandise trade data for July, showing the continued strength of New Zealand's exports. Goods exports rose by $1.3 billion to $60.2 billion in the July year, up 2 percent on 2019. The increase was led by dairy, up 10.9 percent; meat, up 9.4 percent; and wine, up 6.4 percent. This growth occurred across various markets as well, with exports to China up 6.8 percent, the US up 6.1 percent, and Japan up 2.2 percent. As imports fell to $60.3 billion, the annual trade deficit of $115 million was the smallest since the October 2014 year. This impressive data demonstrates the ongoing strength of our exporters, despite the global impacts of COVID-19, and this is helping to drive our economic recovery. Their success is helping to provide jobs and help the country grow out of the COVID crisis.