|Mar 23, 21:45||Trade Balance (YoY)||-$3.47B||-$3.79B|
Trade Balance (YoY)
Trade balance, released by Statistics New Zealand, is the difference between the value of country's exports and imports, over a period of year. A positive balance means that exports exceed imports, a negative ones means the opposite. Positive trade balance illustrates high competitiveness of country's economy.
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