Computer services contribute to increase in services imports

Total services imports rose 16 percent in the June 2021 quarter, compared with March 2021, while total services exports rose 25 percent, Stats NZ said today.

When compared with a year ago, total services imports were up 17 percent, while services exports were up 4.9 percent.

On the goods side, total exports were up 20 percent from the March 2021 quarter, while imports were up 7.2 percent. Compared with a year ago, exports were up 9.2 percent, while imports were up 32 percent.

MonthsTotal importsTotal exports
Dec-1646223372775820741603
Mar-1744775756867466368721
Jun-1747164702665757063013
Sep-1751798367625155205560
Dec-1750661007836226988736
Mar-1847703831338121989109
Jun-1852244784246136105052
Sep-1858502327875392228143
Dec-1857724831106736650008
Mar-1953750756718290628953
Jun-1957614008716242377884
Sep-1963344161145933791588
Dec-1961596577986978102920
Mar-2053455098268578899197
Jun-2039415081593630005074
Sep-2039721891683352862500
Dec-2041144045123395078856
Mar-2139655605953041634017
Jun-2146097077663808566245

Spending on telecommunications, computer, and information services imports rose by $129 million in the June 2021 quarter from the previous quarter, to reach a new high.

Telecommunications, computer, and information services includes telecommunication services, computer services (such as computer software, and IT cloud and hosting services), and information services (such as database services).

Months$
Dec-16384543000
Mar-17356193000
Jun-17382897000
Sep-17382694000
Dec-17423209000
Mar-18407179000
Jun-18481430000
Sep-18463888000
Dec-18495632000
Mar-19462076000
Jun-19495093000
Sep-19578397000
Dec-19584698000
Mar-20522387000
Jun-20625043000
Sep-20586934000
Dec-20653640000
Mar-21592864000
Jun-21721411000

Computer services make up 94 percent of telecommunications, computer, and information services imports, and led the rise, up $133 million from the previous quarter. This rise was driven by computer software and other computer services.

Imports of computer services from Australia and the US contributed over half of all computer services imports for the June 2021 quarter.

"With COVID-19, businesses continue to use technology services from abroad to support their day-to-day operations," international trade manager Alasdair Allen said.

"Digital services and subscription services (such as gaming and streaming services packages) purchased by households also rose compared with the previous quarter."

Travel services exports (international visitors and students in New Zealand) rose 18 percent in the June 2021 quarter from the previous quarter, reflecting the small increase in the number of visitors from Australia due to the opening of the travel bubble.

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