New Zealand Balance of Trade  1951-2016 | Data | Chart | Calendar

New Zealand trade balance recorded a NZD 292 million trade surplus in April of 2016, higher than a NZD 184 million surplus a year earlier and above market expectations of NZD 60 million. Exports went up 4 percent year-on-year as fruits offset a fall in dairy sales and imports increased at a slower 1.5 percent. Balance of Trade in New Zealand averaged -44.86 NZD Million from 1951 until 2016, reaching an all time high of 1157.64 NZD Million in April of 2011 and a record low of -1358.96 NZD Million in September of 2014. Balance of Trade in New Zealand is reported by the Statistics New Zealand.

New Zealand Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
292.00 8.11 1157.64 -1358.96 1951 - 2016 NZD Million Monthly
New Zealand is greatly dependent on international trade. New Zealand's economy has traditionally been based on a foundation of exports from its very efficient agricultural system: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles, machinery and equipment, petroleum, electronics, plastics and aircraft. Its main trading partners are: China, Australia, the US, Japan and South Korea. This page provides the latest reported value for - New Zealand Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-23 09:45 PM Feb N$ 339M N$ 13M N$ 50M N$ 211M
2016-04-26 10:45 PM Mar N$ 117M N$ 367M N$476M N$405M
2016-05-24 10:45 PM Apr N$292M N$189M N$ 60M N$-18.74M
2016-06-26 10:45 PM May N$292M 51.6M
2016-07-25 10:45 PM Jun -219M
2016-08-23 10:45 PM Jul -308.9M

New Zealand Posts 4th Straight Trade Surplus


New Zealand trade balance recorded a NZD 292 million trade surplus in April of 2016, higher than a NZD 184 million surplus a year earlier and above market expectations of NZD 60 million. Exports went up 4 percent year-on-year as fruits offset a fall in dairy sales and imports increased at a slower 1.5 percent.

Exports increased to NZD 4300 million, led by a 16 percent jump in fruit sales, mainly gold kiwifruit (up 53 percent) and apples (up 29 percent). Shipments of logs, wood, and wood articles rose 14 percent, mainly untreated logs (up 12 percent). In contrast, sales of milk powder, butter, and cheese (the largest export commodity group) fell 6.7 percent, led by milk fats (down 17 percent) and milk powder (down 2.9 percent).
 
Among export partners, shipments to China increased 11 percent; exports to Australia went up 5.6 percent; those to the United States grew 8.1 percent; sales to the European Union increased 13 percent and those to Japan edged up 0.3 percent.
 
Imports increased to NZD 4008 million, led by consumption goods (up 14 percent): semi-durable goods such as clothing and plastics were up 20 percent; non-durable goods such as tobacco and retail medicines also went up 20 percent and durable goods such as furniture and electrical machinery grew 16 percent. Purchases of intermediate goods increased 2.9 percent while those of capital goods fell 10 percent, mainly due to transport equipment (down 39 percent).
 
Imports from China (up 11 percent), the European Union (up 3.6 percent) and Australia (up 13 percent) increased while those from the United States (down 8.5 percent) and Japan (down 3.8 percent) shrank. 

Statistics New Zealand | Joana Taborda | joana.taborda@tradingeconomics.com
5/25/2016 12:17:48 AM

New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade 292.00 8.11 1157.64 -1358.96 NZD Million [+]
Exports 4300.00 3893.41 5032.54 19.68 NZD Million [+]
Imports 4008.00 3880.69 4975.09 37.85 NZD Million [+]
Current Account -2614.00 -1174.00 1421.00 -6102.00 NZD Million [+]
Current Account to GDP -3.10 -3.30 -0.90 -8.90 percent [+]
External Debt 247274.00 254368.00 255274.00 67673.00 NZD Million [+]
Terms of Trade 1277.00 1353.00 1438.00 796.00 Index Points [+]
Capital Flows 2446.00 -1995.00 7149.00 -3332.00 NZD Million [+]
Foreign Direct Investment -1760.00 -1519.00 3717.00 -7322.00 NZD Million [+]
Tourist Arrivals 256685.00 344387.00 444883.00 40.00 [+]
Crude Oil Production 45.00 43.00 72.00 15.00 BBL/D/1K [+]
Terrorism Index 1.19 0.00 1.19 0.00 [+]




Last
Afghanistan -7159.00 Dec/15
Albania -27150.00 Mar/16
Algeria -1270.00 Sep/15
Angola 3771.96 Sep/15
Argentina 332.00 Apr/16
Armenia -318.80 Apr/16
Aruba -491.66 Sep/15
Australia -2163.00 Mar/16
Austria -544.00 Feb/16
Azerbaijan 509849.00 Dec/15
Bahamas -514.90 Dec/15
Bahrain 3441.00 Dec/14
Bangladesh -48.12 Feb/16
Barbados -254822.00 Dec/15
Belarus -293.60 Mar/16
Belgium 2055.90 Mar/16
Belize -138.70 Feb/16
Benin -311.87 Dec/15
Bhutan -26021.60 Dec/15
Bolivia -355.90 Dec/15
Bosnia and Herzegovina -404.87 Apr/16
Botswana 549.30 Feb/16
Brazil 4860.00 Apr/16
Brunei 307.80 Mar/16
Bulgaria -289.30 Mar/16
Burkina Faso -49.00 Sep/14
Burundi -52214.90 Dec/15
Cambodia -786.30 Jan/16
Cameroon -1054.40 Dec/13
Canada -3414.00 Mar/16
Cape Verde -4178.80 Mar/16
Cayman Islands -791.40 Dec/14
Central African Republic -29.80 Jun/14
Chad 1166.10 Dec/11
Chile 556.00 Apr/16
China 455.62 Apr/16
Colombia -1.29 Mar/16
Comoros -73294.00 Dec/14
Congo 1001.80 Dec/14
Costa Rica -464.40 Apr/16
Croatia -5528.98 Mar/16
Cuba -7926.60 Dec/14
Cyprus -264946.00 Mar/16
Czech Republic 53900.00 Mar/16
Denmark 8108.60 Mar/16
Djibouti -119840.00 Dec/14
Dominican Republic -688.50 Dec/15
East Timor -49370.69 Mar/16
Ecuador 18691.00 Mar/16
Egypt -2258.00 Mar/16
El Salvador -322.60 Mar/16
Equatorial Guinea 2723.70 Dec/10
Eritrea -149.00 Dec/12
Estonia -172.33 Mar/16
Ethiopia -3557.70 Dec/15
Euro Area 28644.00 Mar/16
European Union 7202.30 Mar/16
Fiji -185801.00 Nov/15
Finland -265.00 Mar/16
France -4368.00 Mar/16
Gabon 3711.95 Dec/13
Gambia -2269.53 Dec/14
Georgia -821.90 Apr/16
Germany 26000.00 Mar/16
Ghana -1226.00 Sep/15
Greece -1535.24 Mar/16
Guatemala -405.70 Mar/16
Guinea -103.83 Jun/13
Guinea Bissau -32.30 Dec/14
Guyana -77.30 Sep/15
Haiti -160.26 Jul/15
Honduras -465.70 Dec/15
Hong Kong -47028.00 Mar/16
Hungary 300000.00 Mar/16
Iceland -6600.00 Apr/16
India -4840.00 Apr/16
Indonesia 670.00 Apr/16
Iran 4258.00 Dec/15
Iraq 38780.80 Dec/14
Ireland 4106000.00 Mar/16
Israel -950.30 Apr/16
Italy 5360.00 Mar/16
Ivory Coast 890.60 Dec/14
Jamaica -779000.00 Sep/15
Japan 823.47 Apr/16
Jordan -741181.00 Feb/16
Kazakhstan 784.90 Mar/16
Kenya -60391.09 Mar/16
Kosovo -209942.00 Mar/16
Kuwait 1049.00 Dec/15
Kyrgyzstan -216.90 Mar/16
Laos -488.34 Sep/15
Latvia -192.00 Mar/16
Lebanon -1529.88 Mar/16
Lesotho -2961.47 Dec/15
Liberia -78.20 Feb/16
Libya -17675.60 Dec/14
Liechtenstein 371580.00 Mar/16
Lithuania -228.70 Mar/16
Luxembourg -0.42 Feb/16
Macau -4479038.32 Mar/16
Macedonia -193229.00 Mar/16
Madagascar -30435.00 Dec/15
Malawi -31524.80 Sep/15
Malaysia 11192.61 Mar/16
Maldives -133.30 Feb/16
Mali -100.60 Mar/15
Malta -177981.00 Mar/16
Mauritania -24.89 Dec/15
Mauritius -4607.00 Feb/16
Mexico 155.00 Mar/16
Moldova -233.00 Mar/16
Monaco -22.60 Dec/15
Mongolia 124.70 Apr/16
Montenegro -155940.00 Apr/16
Morocco -15231.00 Apr/16
Mozambique -1274.70 Sep/15
Myanmar -72.20 Sep/15
Namibia -8322.34 Dec/15
Nepal -58541.90 Dec/15
Netherlands 5017.00 Mar/16
New Caledonia -9528.00 Feb/16
New Zealand 292.00 Apr/16
Nicaragua -225.70 Feb/16
Niger -441985.00 Sep/15
Nigeria 26385.50 Dec/15
North Korea -476.67 Dec/15
Norway 10602.00 Apr/16
Oman -45.20 Dec/15
Pakistan -225061.00 Apr/16
Palestine -326.70 Mar/16
Panama -950888.00 Mar/16
Papua New Guinea 4191.00 Sep/15
Paraguay 125672.34 Apr/16
Peru -45.00 Mar/16
Philippines -1747000.00 Mar/16
Poland 204.00 Mar/16
Portugal -1039.99 Mar/16
Puerto Rico 2054.10 Dec/15
Qatar 7409.00 Feb/16
Republic of the Congo 4092.35 Dec/10
Romania -973.90 Mar/16
Russia 7712.00 Mar/16
Rwanda -150.29 Dec/15
Sao Tome and Principe -24.59 Mar/16
Saudi Arabia 22467.00 Dec/15
Senegal -94.80 Mar/16
Serbia -406.80 Mar/16
Seychelles -31.02 Mar/16
Sierra Leone -89.75 Mar/15
Singapore 5843.00 Apr/16
Slovakia 308.00 Mar/16
Slovenia 133.87 Mar/16
Somalia -1281.56 Dec/14
South Africa 2915.79 Mar/16
South Korea 8800.00 Apr/16
South Sudan -3492.00 Dec/14
Spain -795890.00 Mar/16
Sri Lanka -695.00 Jan/16
Sudan -921327.00 Dec/15
Suriname -103.40 Dec/15
Swaziland 1217.38 Dec/15
Sweden 3900.00 Mar/16
Switzerland 2504.00 Apr/16
Syria 9394.50 Dec/10
Taiwan 4802.67 Apr/16
Tajikistan -169.20 Mar/16
Tanzania 19.70 Feb/16
Thailand 2966.00 Mar/16
Togo -68.29 Dec/14
Trinidad and Tobago 339.40 Sep/15
Tunisia -1578.70 Apr/16
Turkey -4950.00 Mar/16
Turkmenistan 2431.94 Dec/14
Uganda -164.60 Mar/16
Ukraine -230.30 Mar/16
United Arab Emirates 328300.00 Dec/15
United Kingdom -3830.00 Mar/16
United States -40440.00 Mar/16
Uruguay -123578.00 Mar/16
Uzbekistan 455.00 Dec/15
Venezuela -782.00 Sep/15
Vietnam 280.00 Apr/16
Yemen -2914.30 Dec/13
Zambia -800.90 Mar/16
Zimbabwe -290.99 Dec/14