Nouvelle-Zélande Balance Commerciale

New Zealand logged a trade deficit of $0.963 billion in July 2024, narrowing from a $1.174 billion in the corresponding month of the previous year and compared to forecasts of a $331 million surplus. It was the lowest reading since January as exports rose at a faster pace than imports. Exports jumped by 14% year-on-year to $6.1 billion due to higher shipment of milk powder, butter, and cheese (+11%); fruit (+28%); preparations of milk, cereals, flour, and starch(+86%); and crude oil (+310%). Meanwhile, imports rose by 8.5% driven by higher purchase of petroleum and products (+101%); electrical machinery and equipment (+12%); pharmaceutical products (+32%); and plastic and plastic articles (+13%). New Zealand’s top export markets in order of total annual goods were China, Australia, USA, EU and Japan, while the main import sources were China, EU, Australia, USA and South Korea.