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Financial News: New Zealand May Trade Surplus NZ$469 Million

New Zealand May Trade Surplus NZ$469 Million

06/24/2021 - 18:54:00 (RTTNews)

(RTTNews) - New Zealand had a merchandise trade surplus of NZ$469 million in May, Statistics New Zealand said on Friday.

That was up from the upwardly revised NZ$414 million surplus in April (originally NZ$388 million).

Imports skyrocketed NZ$1.3 billion of 31 percent on year to NZ$5.4 billion, up from the upwardly revised NZ$4.99 billion figure in the previous month (originally NZ$4.98 billion).

Exports rose NZ$461 million or 8.5 percent on year to NZ$5.87 billion, up from the upwardly revised NZ$5.4 billion figure a month earlier (originally NZ$5.37 billion).

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