New Zealand Balance of Trade 1951-2015 | Data | Chart | Calendar

New Zealand recorded a trade surplus of 123 NZD Million in April of 2015. Balance of Trade in New Zealand averaged -40 NZD Million from 1951 until 2015, reaching an all time high of 1157.64 NZD Million in April of 2011 and a record low of -1359 NZD Million in September of 2014. Balance of Trade in New Zealand is reported by the Statistics New Zealand.

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New Zealand Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
123.00 754.00 1157.64 -1359.00 1951 - 2015 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: meat, dairy products, forest products, fruit and vegetables, fish, and wool. New Zealand imports mainly machinery and equipment, vehicles and aircraft, petroleum, electronics, textiles and plastics. Its main trading partners are: Australia, European Union, The United States, China and Japan. This page provides - New Zealand Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - New Zealand Balance of Trade - was last refreshed on Tuesday, May 26, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-24 09:45 PM Feb NZD 50M NZD 33M (R) NZD 392M NZD 190M
2015-04-28 11:45 PM Mar NZD 631M NZD 83M (R) NZD 341M NZD 78.9M
2015-05-25 11:45 PM Apr NZD 123M NZD 754M (R) NZD 100M NZD -532.4M
2015-06-25 11:45 PM May NZD 123M NZD -438.2M
2015-07-23 11:45 PM Jun NZD -633.4M
2015-08-25 11:45 PM Jul NZD -918.8M


New Zealand Trade Surplus Narrows in April


The trade surplus was NZD 123 million in April of 2015, down from a NZD 467 million surplus a year earlier due to a fall in exports. The value of whole milk powder sent to China in April 2015 was a fifth of the April 2014 value while volumes fell a third.

Total goods exports fell 5.5 percent to NZD 4.2 billion in April 2015 compared with April 2014. Milk powder, butter, and cheese exports led the fall, down 27 percent, due to lower quantities for whole milk powder and lower prices overall. However, the quantity of dairy products exported rose 1.2 percent overall, led by whey, cheese, and butter. This offset the fall in whole milk powder quantity. Other significant commodity group changes were fruit exports, up $62 million, and crude oil exports, down $63 million from April 2014.

Imports rose 2.6 percent to NZD 4.0 billion. Capital goods rose NZD 199 million, led by transport equipment (aircraft and parts). Consumption goods rose NZD 54 million, led by food and beverages.

For the year ended April 2015, the annual trade deficit was NZD 2.6 billion. This is the largest annual trade deficit since the year ended June 2009 (NZD 3.1 billion).

Statistics New Zealand | Joana Taborda | joana.taborda@tradingeconomics.com
5/25/2015 11:58:14 PM


Recent Releases

New Zealand Trade Surplus Narrows in March
New Zealand trade surplus shrank to NZD 631 million in March of 2015 from a NZD 904 million surplus a year earlier, due to a sharp fall in exports to China. Yet, it is the third consecutive monthly surplus and the highest in a year. Published on 2015-04-29

New Zealand Reports NZD50 Million Trade Surplus in February
New Zealand posted a small trade surplus of $50 million in February, down from the surplus of $797 million in the same month previous year as exports fell 13 percent and imports rose 3.7 percent. Published on 2015-03-24


New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade 123.00 754.00 1157.64 -1359.00 NZD Million [+]
Exports 4166.00 4917.00 5033.00 19.68 NZD Million [+]
Imports 4043.00 4162.00 4975.00 37.85 NZD Million [+]
Current Account -2621.00 -5010.00 364.00 -5010.00 NZD Million [+]
Current Account to GDP -3.30 -3.40 -0.90 -8.90 percent [+]
External Debt 243036.00 245307.00 250628.00 67673.00 NZD Million [+]
Terms of Trade 1325.00 1351.00 1438.00 796.00 Index Points [+]
Foreign Direct Investment 3844.00 -579.00 3844.00 -7322.00 NZD Million [+]
Tourist Arrivals 444456.00 464311.00 561684.00 2751.00 [+]
Crude Oil Production 41.00 35.00 72.00 15.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1322.00 Mar/15 -1609.00 2254.00 -3877.00 AUD Million [+]
Brazil 491.00 Apr/15 458.00 5659.37 -4058.14 USD Million [+]
Canada -3019.00 Mar/15 -2215.00 8524.80 -3019.00 CAD Million [+]
China 341.34 Apr/15 30.81 606.19 -319.71 USD Hundred Million [+]
Euro Area 23372.90 Mar/15 20300.00 24009.80 -16638.00 EUR Million [+]
France -4575.00 Mar/15 -3623.00 2674.00 -7086.00 EUR Million [+]
Germany 23000.00 Mar/15 19515.32 23500.00 -535.91 EUR Million [+]
India -10990.00 Apr/15 -11790.00 258.90 -20210.90 USD Million [+]
Indonesia 454.40 Apr/15 1025.60 4641.92 -2329.13 USD Million [+]
Italy 4060.39 Mar/15 3537.91 6923.00 -6389.30 EUR Million [+]
Japan -53.44 Apr/15 227.43 1608.67 -2795.04 JPY Billion [+]
Mexico -85.30 Apr/15 479.80 1710.25 -3292.30 USD Million [+]
Netherlands 5401.00 Mar/15 6329.20 6329.20 -907.60 EUR Million [+]
Russia 14981.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8488.00 Apr/15 8380.51 8488.00 -4043.45 USD Million [+]
Spain -890600.00 Mar/15 -2037200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -6153.67 Mar/15 -4655.64 24.51 -10453.06 USD Million [+]
United Kingdom -2817.00 Mar/15 -3318.00 2946.00 -5397.00 GBP Million [+]
United States -51367.00 Mar/15 -35892.00 1946.00 -67823.00 USD Million [+]