New Zealand Crude Oil Production  Forecast


Crude Oil Production in New Zealand is expected to be 26.28 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 26.28 in 12 months time. In the long-term, the New Zealand Crude Oil Production is projected to trend around 26.28 BBL/D/1K in 2020, according to our econometric models.

New Zealand Crude Oil Production
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New Zealand Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade 85 -49.62 -121 -140 -145 -147
Exports 4633 4224 4340 4381 4349 4355
Imports 4548 4383 4392 4420 4424 4422
Current Account -618 -4856 -2634 97.26 -1895 -2571
Current Account to GDP -2.7 -4.08 -4.08 -4.19 -4.3 -5.37
External Debt 261496 263656 264771 265824 266876 276294
Terms of Trade 1437 1448 1444 1424 1404 1397
Capital Flows 96 2925 297 1429 1716 1594
Foreign Direct Investment 1441 459 386 439 469 471
Tourist Arrivals 233991 293270 318149 283608 277809 289075
Crude Oil Production 26 26.28 26.28 26.28 26.28 26.28
Weapons Sales 6 5.03 9.27 10.72 12.16 17.89
Terrorism Index 0.23 0.07 0.03 0.03 0.04 0.44