The merchandise (goods) terms of trade in New Zealand increased 0.5 percent in the three months to March of 2022, following a downwardly revised 0.9 percent decline in the previous period, mostly in line with market expectations. Export prices rose 7.8 percent, accelerating from a 2.8 percent gain in the prior period, while import prices increased 7.2 after a 3.7 percent increase in the previous quarter. source: Statistics New Zealand
Terms of Trade in New Zealand averaged 1089.75 points from 1957 until 2022, reaching an all time high of 1531 points in the third quarter of 2021 and a record low of 796 points in the fourth quarter of 1975. This page provides - New Zealand Terms of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Terms of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Terms of Trade in New Zealand is expected to be 143.68 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Terms of Trade is projected to trend around 144.84 points in 2023 and 152.95 points in 2024, according to our econometric models.