New Zealand Balance of Trade

Last Release

Aug 31, 2025

Actual

-1,185

Units In

NZD Million

-716

Frequency

Monthly

Next Release

Oct 20, 2025

Time to Release

1 Months 0 Days 0 Hours

Highest	Lowest	Average	Date Range	Source
1,350.34 Apr 2020	-2,625 Aug 2022	-100.43 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’s trade deficit shrank to NZD 1.2 billion in August 2025, from NZD 2.3 billion in the corresponding month of the previous year. Exports surged by 23% year-on-year to NZD 5.9 billion, on outbound shipment of fruit (57%), milk powder, butter, and cheese (32%), meat and edible offal (30%), and precious metals, jewelry, and coins (92%). On the other hand, import values declined slightly, falling 0.4% to NZD 7.1 billion, weighed down by lower purchases of petroleum and products (-10%), aircraft and parts (-34%), ships, boats, and floating structures (-92%), and food residues, wastes, and fodder (-16%). Export growth was broad-based, with shipments rising to China (+35%), Australia (+17%), the US (+14%), and the EU (+52%), while imports fell from the EU (-6%), the US (-1.3%), and South Korea (-32%).