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New Zealand Balance of Trade

Last Release
Aug 2021
Actual
-2143.7 NZD Million
Forecast
-91 NZD Million
Previous
-397.46 NZD Million
Frequency
Monthly
Units In
NZD Million
Next Release
Oct 26, 2021
Time to Release
10 Days 10 Hours
Highest
Lowest
Average
Date Range
Source
1339.35 NZD Million
Apr 2020
-2143.7 NZD Million
Aug 2021
-60 NZD Million1951 - 2021Statistics 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's trade deficit widened to NZD 2,144 million in August of 2021 from NZD 299 million in the corresponding month of the previous year. It was the largest trade deficit on record as imports jumped 38.4 percent from a year earlier to an all-time high of NZD 6,495 million led by a rise in imports of vehicles, parts, and accessories. Meanwhile, exports edged down 0.9% to NZD 4,351 million, as August is a typical month of lower values for dairy exports.

New Zealand Balance of Trade History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Sep 23, 202122:55New Zealand Posts Record Trade Deficit
Aug 24, 202123:04New Zealand Trade Balance Swings to Deficit
Jul 25, 202123:07New Zealand Trade Surplus Nearly Halved in June
Dec 19, 201911:29New Zealand Trade Deficit Narrows in November
Nov 27, 201910:45New Zealand Trade Deficit Narrows in October
Oct 23, 201908:53New Zealand Trade Gap Narrows in September
Sep 25, 201909:13New Zealand Trade Gap Narrows Slightly in August

New Zealand trade Indicators

All New Zealand indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Balance of Trade
-2,143.7
Aug 2021
-397.46
Jul 2021
-2,143.7
Aug 2021
1,339.35
Apr 2020
NZD MillionMonthly1951 - 2021
Capital Flows
-277
Jun 2021
-1,891
Mar 2021
-7,892
Mar 2020
7,263
Sep 2016
NZD MillionQuarterly2000 - 2021
Crude Oil Production
22
Nov 2019
23
Oct 2019
15
Apr 2006
72
Dec 2007
BBL/D/1KMonthly1994 - 2019
Current Account
-1,396
Jun 2021
-3,189
Mar 2021
-6,260
Sep 2019
1,909
Jun 2020
NZD MillionQuarterly1971 - 2021
Current Account to GDP
-2.7
Dec 2020
-3.6
Dec 2019
-8.9
Dec 1984
-0.1
Dec 1988
% of GDPYearly1980 - 2020
Exports
4,350.83
Aug 2021
5,769.31
Jul 2021
19.68
Aug 1954
5,958.11
Jun 2021
NZD MillionMonthly1951 - 2021

Balance of Trade across Pacific

Balance of Trade global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Australia
15,077
Aug 2021
12,117
Jul 2021
-4,206
Apr 2015
15,077
Aug 2021
AUD MillionMonthly1971 - 2021
Fiji
-644,663
Nov 2019
-271,380
Oct 2019
-644,663
Nov 2019
-75,681
Nov 2009
FJD ThousandMonthly2009 - 2019
New Caledonia
-9,789
Jun 2021
-9,608
Apr 2021
-29,322
Sep 2010
969
Dec 2019
XPF MillionMonthly1995 - 2021
New Zealand
-2,143.7
Aug 2021
-397.46
Jul 2021
-2,143.7
Aug 2021
1,339.35
Apr 2020
NZD MillionMonthly1951 - 2021
Papua New Guinea
6,416
Dec 2020
4,898
Sep 2020
75
Dec 1997
7,349
Jun 2019
PGK MillionQuarterly1997 - 2020

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