The coronavirus appears to have reduced this country's exports to China by at least $142 million in February and reduced imports to this country from China by even more.
Provisional figures from Statistics NZ show the total value of this country's exports to China was about $1.1 billion in February, which was down by $142 million (-12.9%) compared to the same period of last year.
However the loss of exports may be even greater than that because previous figures published by Statistics NZ showed that if exports to China had continued on the same trend as they had before the coronavirus outbreak, they would have been about $300 million higher.
But the problems caused by the virus appear to have had an even bigger impact on imports from China.
Statistics NZ estimates the value of imports from China was about $775 million in February, down by about $169 million (-21.8%) compared to the same period last year.
So far, the disruption to the export trade appears to have largely been contained to trade with China.
Statistics NZ estimates that the total value of this country's exports to all countries was $4.9 billion in February, about the same as a year earlier.
But imports have taken a much bigger hit.
Imports from all countries are estimated at $4.245 billion in February, down by $540 million from a year earlier.