New Zealand Balance of Trade  Forecast


Balance of Trade in New Zealand is expected to be -286.38 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in New Zealand to stand at -186.99 in 12 months time. In the long-term, the New Zealand Balance of Trade is projected to trend around -98.97 NZD Million in 2020, according to our econometric models.


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New Zealand Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -1235 -286 251 111 -187 -98.97
Exports 3689 3947 3910 3866 3824 3489
Imports 4923 4707 4675 4638 4601 4295
Current Account -618 -2440 129 -675 -3056 -2118
Current Account to GDP -2.7 -4.12 -4.23 -4.33 -4.44 -5.38
External Debt 263282 263696 263734 263662 263522 260621
Terms of Trade 1437 1438 1434 1428 1422 1371
Capital Flows 96 773 407 994 2380 1764
Foreign Direct Investment 1441 425 291 443 523 499
Tourist Arrivals 252746 222500 197100 179300 167300 142900
Crude Oil Production 26 30.34 31.36 32.25 33 36.44
Weapons Sales 6 8.46 9.8 11.14 12.47 18.13
Terrorism Index 0.23 0.01 0.02 0.03 0.04 0.45