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- New Zealand trade balance deficit higher than expected y/y
New Zealand trade balance deficit higher than expected y/y
June 2018 monthly values are actual and compared with June 2017.
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Goods exports rose $217 million (4.6 percent) to $4.9 billion. This was a new high for a June month, with the previous high in the same month a year ago ($4.7 billion).
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Goods imports rose $573 million (13 percent) to $5.0 billion, a new high for a June month, with the previous high in June 2017.
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The monthly trade balance was a deficit of $113 million (2.3 percent of exports).
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This is the second deficit for a June month in the last decade.
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