New Zealand Crude Oil Production - Forecast

Crude Oil Production in New Zealand is expected to be 23.90 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in New Zealand to stand at 23.91 in 12 months time. In the long-term, the New Zealand Crude Oil Production is projected to trend around 23.91 BBL/D/1K in 2020, according to our econometric models.


Forecast Data Chart
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New Zealand Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -143 -300 -200 -220 -130 400
Exports 5350 5400 5600 5500 5650 6300
Imports 5492 5700 5800 5720 5780 5900
Current Account -1620 -4509 -2922 89.48 -1182 -2881
Current Account to GDP -2.8 -4.1 -4.1 -5.3 -5.3 -4.8
External Debt 273275 276068 277430 278968 280381 293560
Terms of Trade 1452 145 140 142 139 136
Capital Flows 105 1861 1650 1086 1329 1672
Foreign Direct Investment 122 168 434 502 547 526
Tourist Arrivals 250523 316300 347100 295600 292000 307400
Terrorism Index 0.61 0.4 0.4 0.2 0.2 0.3
Weapons Sales 4 2.5 2.5 5 5 1.5
Crude Oil Production 24 23.9 23.91 23.91 23.91 23.91