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New Zealand Trade balance posts a surprise deficit

Posted by Akhilesh Ganti on Feb 26, 2013 4:50:00 PM

New Zealand trade balance posted a deficit of NZD 305 Million -vs- market expectation of a surplus of NZD 150 Million. Exports were lower than expected and Imports were higher than expected.

> Exports at NZ$3.35 bln vs est. NZ$3.6 bln 
> Imports at NZ$3.65 bln vs est. NZ$3.5 bln 
> 12-month trade balance NZ$1.299 bln deficit v est. NZ$897 mln shortfall


 NZ tradeBalance Jan2013

 

 

 

 

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