New Zealand recorded a trade deficit of NZD 626 million in January of 2021, wider than NZD 396 million in the same month of the previous year and the fifth straight gap for a January. The fall in exports of NZD 486 million was the largest year-on-year fall since March of 2016, while goods imports declined NZD 256 million (5.0 percent) to NZD 4.8 billion. source: Statistics New Zealand
Balance of Trade in New Zealand averaged -59.08 NZD Million from 1951 until 2021, reaching an all time high of 1350.34 NZD Million in April of 2020 and a record low of -1641.63 NZD Million in August of 2019. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Balance of Trade in New Zealand is expected to be 210.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in New Zealand to stand at 100.00 in 12 months time. In the long-term, the New Zealand Balance of Trade is projected to trend around 300.00 NZD Million in 2022 and 200.00 NZD Million in 2023, according to our econometric models.