New Zealand Balance of Trade

Last Release

Apr 30, 2025

Actual

1,426

Units In

NZD Million

794

Frequency

Monthly

Next Release

Jun 24, 2025

Time to Release

1 Months 2 Days 22 Hours

Highest	Lowest	Average	Date Range	Source
1,426 Apr 2025	-2,625 Aug 2022	-100.03 NZD Million	1951-2025	Statistics New Zealand

New Zealand is greatly dependent on international trade. New Zealand's economy has traditionally been based on a foundation of exports from its very efficient agricultural system: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles, machinery and equipment, petroleum, electronics, plastics and aircraft. Its main trading partners are: China, Australia, the US, Japan and South Korea.

Latest Updates

New Zealand recorded a trade surplus of $1.43 billion in April 2025, a significant turnaround from the $3 million deficit reported in the same month a year earlier. Exports surged 25% year-over-year to $7.8 billion, fueled by robust demand for major commodities including milk powder, butter, and cheese (+38%), meat and edible offal (+34%), fruit (+28%), and logs, wood, and wood products (+42%). Imports grew at a slower pace, rising 1.8% to $6.4 billion, with key increases seen in mechanical machinery and equipment (+22%), aircraft and parts (+328%), and inorganic chemicals (+55%). Export gains were widespread, with shipments to China climbing +30%, the United States +25%, the European Union +34%, Japan +12%, and Australia +4.9%. On the import front, notable increases were recorded from the United States (+66%), the EU (+9.6%), and China (+3.9%).