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- New Zealand trade balance was a deficit of $861 million (17 percent of exports) m/m
New Zealand trade balance was a deficit of $861 million (17 percent of exports) m/m
November 2018 monthly values are actual and compared with November 2017:
Goods exports rose $326 million (7.1 percent) to $4.9 billion.
Goods imports were little changed, down 0.6 percent to $5.8 billion, the seventh consecutive month with values over $5 billion, and the fourth-highest total on record.
The monthly trade balance was a deficit of $861 million (17 percent of exports).
The leading contributor was exports of aluminium and aluminium articles, up $59 million (142 percent). This movement was partly due to unusually low values and quantities of aluminium exports in November 2017. This month’s value ($101 million) was close to the average monthly value over the last 24 months ($99 million).
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