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New Zealand Has NZ$46 Million Trade Surplus In May
(RTTNews) - New Zealand posted a merchandise trade surplus of NZ$46 million in May, Statistics New Zealand said on Thursday.
That beat expectations for a deficit of NZ$350 million following the downwardly revised NZ$236 million surplus in April (originally NZ$427 million).
Exports were worth NZ$6.99 billion, up from the downwardly revised NZ$6.61 billion in the previous month (originally NZ$6.80 billion).
Imports were worth NZ$6.95 billion following the downwardly revised NZ$6.37 billion a month earlier (originally NZ$6.38 billion).
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