New Zealand trade balance for April $ NZ-2496m 12mth YTD
April surplus of 1267m, largest ever due to the slide in imports
- expected 1235m NZD , prior 672m NZD
Exports 5.269bn NZ dollars
- expected 5.3bn NZD, prior 5.87bn NZD
Imports 3.99 bn NZD
- vs, expected 4.00bn NZD, prior 5.14bn NZD
Exports and imports both down on the month due to the nationwide shut down in response to the COVID-19 outbreak