NZ trade balance for May: 264m (expected 250m)

May 2019 trade balance info from New Zealand

NZ trade balance for May 264m surplus

• expected 250m, prior 383m, revised from 433m

12mths YTD trade balance -5492m

• expected -5530m, prior -5479m

Exports 5.81bn for a beat

• expected 5.61bn, prior 5.55bn

Imports 5.54bn also a beat

• expected 5.40bn, prior 5.11bn

Exports beat, imports beat (much of the import jump is related to crude imports).

exports

more to come