trade surplus tagged posts

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...

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NZ Trade Balance Lowered

April 30, 2009 New Zealand Finance  No comments

The New Zealand trade surplus for March has been reported at $324 million, a high number for March, a low number for surrounding month.

New Zealand posted a total of $324 million as its trade surplus for the month of March, which is the highest March surplus for New Zealand since 2002. Although this figure is 56% lower than the $489 million of February.

Since February, the demand for import items has increased by 25% and the demand for exports only 16.8%. This is in part attributed to the decrease in oil prices and decrease in vehicle demand. Other explanations include the fact that importers order stock in advance and this drop could be a product of last April’s or May’s demand.

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