New Zealand Sees Trade Surplus

December 2, 2015 New Zealand Finance

Dairy exports and travel exports have led the way for New Zealand to see a trade surplus.

According to new information released by Statistics New Zealand on December 2nd, the country saw a NZD 3.3 billion trade surplus for the year ended September 2015.

The total exports for the period totalled approximately NZD 69.0 billion, while the total imports for the time were NZD 66.3 billion.

The top export destinations for New Zealand were Australia and China, with NZD 12.9 billion and NZD 10.7 billion worth of goods and services being exported.

The primary sources for imports were the EU and Australia, totalling NZD 11.8 billion, and NZD 11.3 billion respectively.

Dairy and travel exports were the highest grossing export sectors, seeing a total of NZD 11.8 billion and NZD 9.4 billion respectively.

Photo By: Andrew