New Zealand Balance of Trade  1951-2018 | Data | Chart | Calendar

New Zealand posted a NZD 263 million trade surplus in April 2018, compared with a NZD 547 million surplus in the same month of the previous year and market expectations of a NZD 200 million surplus. Exports rose 7.3 percent from the previous year to NZD 5054 billion and imports jumped 15.1 percent to NZD 4791 billion. Balance of Trade in New Zealand averaged -51.72 NZD Million from 1951 until 2018, reaching an all time high of 1157.64 NZD Million in April of 2011 and a record low of -1387.99 NZD Million in September of 2016.

New Zealand Balance of Trade
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New Zealand Trade Surplus Beats Expectations


New Zealand posted a NZD 263 million trade surplus in April 2018, compared with a NZD 547 million surplus in the same month of the previous year and market expectations of a NZD 200 million surplus.

Exports rose 7.3 percent from the previous year to NZD 5054 billion, compared to a 4.5 percent climb in the previous month. Faster growth against March was mainly explained by meat and edible offal (+15.0 percent vs +2.1 percent). Sales of fruit jumped 50.6 percent, with kiwi sales jumping 9 percent. In contrast, logs, wood, and wood articles lost steam (+2.2 percent vs 17.9 percent). Among major export partners, sales in China rebounded sharply after contracting in the previous month (+21.5 vs -4.3 percent). Exports to the European Union gained steam (+24.7 percent vs +4.9 percent). Sales to Australia and the United States declined 4.0 percent (vs +11.2 percent) and 2.2 percent (vs +5.8 percent) respectively.

Imports jumped 15.1 percent year-on-year to NZD 4791 billion in April of 2018, compared to an upwardly revised 14.4 percent climb in the previous month. The jump was mainly explained by a 113.6 percent surge in aircraft and parts and faster growth in vehicles, parts & accessories (24.5 percent vs 7.4 percent). In contrast, sales of oil & products lost steam (+55.6 percent vs +88.0 percent). Among top import partners, purchases rose sharply from Japan (+47.0 percent vs -8.8 percent). In contrast, imports from China edged down 0.3 percent. 


Mario | mario@tradingeconomics.com
5/24/2018 10:53:45 AM


Recent Releases

New Zealand Trade Balance Swings to Deficit
New Zealand posted a NZD 86 million trade deficit in March 2018, compared with a NZD 262 million surplus in the same month of the previous year and market expectations of a NZD 270 million surplus. 
Published on 2018-04-26

New Zealand Trade Balance Swings to Surplus in February
New Zealand posted a NZD 217 million trade surplus in February 2018, compared with a NZD 42 million deficit in the same month of the previous year and market expectations of a NZD 100 million gap.
Published on 2018-03-25

New Zealand January Trade Deficit Widest Since 2007
New Zealand’s trade deficit widened to NZD 566 million in January of 2018 compared to a NZD 227 million gap in the same month of the previous year and expectations of a NZD 2710 million gap. It was the largest deficit for a January month since 2007, with both exports (+9.5 percent year-on-year vs +24.3 percent in December) and imports (+17.1 percent vs +10.8 percent) reaching new highs for January months.
Published on 2018-02-26

New Zealand Exports and Imports Book Fresh Records
New Zealand’s trade balance switched to a NZD 640 million surplus in December of 2017 compared to a NZD 1 million deficit in the same month of the previous year and expectations of a NZD 125 million gap. It was the highest surplus on record for December, as both exports (+25.7 percent year-on-year) and imports (+11.2 percent) reached new highs.
Published on 2018-01-29



Calendar GMT Actual Previous Consensus TEForecast
2018-03-25 09:45 PM Balance of Trade N$217M N$-655M N$-100M N$ 291M
2018-04-26 10:45 PM Balance of Trade N$-86M N$172M N$270M N$115M
2018-05-23 10:45 PM Balance of Trade N$263M N$-156M N$200M N$ 470M
2018-06-26 10:45 PM Balance of Trade N$263M N$ -120M
2018-07-25 10:45 PM Balance of Trade N$ 200M
2018-08-23 10:45 PM Balance of Trade


New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade 262.87 -156.22 1157.64 -1387.99 NZD Million [+]
Exports 5054.01 4794.11 5508.34 19.68 NZD Million [+]
Imports 4791.14 4950.32 5835.58 37.85 NZD Million [+]
Current Account 180.00 -2745.00 1411.00 -6102.00 NZD Million [+]
Current Account to GDP -2.70 -3.40 -0.90 -8.90 percent [+]
External Debt 273275.00 270566.00 273275.00 67673.00 NZD Million [+]
Terms of Trade 1445.00 1472.00 1472.00 796.00 Index Points [+]
Capital Flows 105.00 1479.00 7149.00 -3332.00 NZD Million [+]
Foreign Direct Investment 122.00 3167.00 3167.00 -7322.00 NZD Million [+]
Tourist Arrivals 222079.00 283910.00 513349.00 40.00 [+]
Terrorism Index 0.61 0.23 1.19 0.00 [+]
Weapons Sales 4.00 12.00 75.00 0.00 USD Million [+]
Crude Oil Production 27.00 31.00 72.00 15.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



New Zealand Balance of Trade

New Zealand is greatly dependent on international trade. New Zealand's economy has traditionally been based on a foundation of exports from its very efficient agricultural system: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles, machinery and equipment, petroleum, electronics, plastics and aircraft. Its main trading partners are: China, Australia, the US, Japan and South Korea. This page provides the latest reported value for - New Zealand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Balance of Trade - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
262.87 -156.22 1157.64 -1387.99 1951 - 2018 NZD Million Monthly




balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -3050045.00 Apr/18
Switzerland 2255.00 May/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18


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