New Zealand Terms of Trade - Forecast

Terms of Trade in New Zealand is expected to be 1443.35 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Terms of Trade in New Zealand to stand at 1426.97 in 12 months time. In the long-term, the New Zealand Terms of Trade is projected to trend around 1381.53 Index Points in 2020, according to our econometric models.


New Zealand Terms of Trade
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New Zealand Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -1193 283 230 -168 -246 -102
Exports 4629 4410 4357 4311 4266 3938
Imports 5823 5591 5560 5523 5485 5199
Current Account -4680 437 -653 -4055 -3046 -2765
Current Account to GDP -2.7 -4.09 -4.1 -4.11 -4.12 -5.38
External Debt 270567 273534 274529 275187 275627 274342
Terms of Trade 1446 1443 1438 1433 1427 1382
Capital Flows 2146 561 1337 1890 1368 1702
Foreign Direct Investment -679 197 627 581 534 499
Tourist Arrivals 360136 296100 250000 217100 194200 145600
Terrorism Index 0.61 0.28 0.18 0.09 0 0.48
Weapons Sales 6 -4.12 0.07 4.27 8.46 18.13
Crude Oil Production 32 33.92 34.49 34.98 35.4 37.18