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New Zealand March Trade Deficit NZ$392 Million

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New Zealand posted a merchandise trade deficit of NZ$392 million in March, Statistics New Zealand said on Thursday

That’s up from the downwardly revised NZ$691 million deficit in February (originally a NZ$385 million shortfall).

Exports were up 17 percent on year to NZ$6.67 billion, up from the downwardly revised NZ$5.22 billion in the previous month (originally NZ$5.49 billion).

Imports jumped an annual 25 percent to NZ$7.06 billion, accelerating from the upwardly revised NZ$5.91 billion a month earlier (originally NZ$5.88 billion).

*New Zealand Exports +17% On Year, Imports +25% On Year In March

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New Zealand Trade Shortfall NZ$392 Million In March

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