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New Zealand Balance of Trade
Last Release
May 31, 2025
Actual
1,235
Units In
NZD Million
Previous
1,285
Frequency
Monthly
Next Release
Jul 21, 2025
Time to Release
25 Days 22 Hours
Highest | Lowest | Average | Date Range | Source |
1,350.34 Apr 2020 | -2,625 Aug 2022 | -98.7 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 posted a trade surplus of NZD 1.235 billion in May 2025, a sharp improvement from the NZD 54 million surplus in the same month last year. Exports rose 9.7% from a year earlier to NZD7.7 billion, driven by strong demand for key commodities such as milk powder, butter, and cheese (+18%), fruit (+25%), meat and edible offal (+11%), and precious metals, jewelry, and coins (+69%). Imports rose at a slower pace, up 7.2% to NZD 6.4 billion, led by sharp increases in ships and boats (+443%), fertilizers (+179%), and electrical machinery (+5.0%). Export growth was broad-based, with shipments to China rising 13%, Australia 10%, and the European Union 41%. On the import side, only purchases from China increased (+3.7%), while imports declined from the US (-34%), Australia (-4.8%), the EU (-2.4%), and South Korea (-11%).
New Zealand Balance of Trade History
Last 12 readings