New Zealand balance of trade


New Zealand balance of trade: -1544 (-28.32%)
Last Update: October 31, 2024

New Zealand balance of trade closed down -1544 as of October 31, 2024 from -2154 from the previous month and -1709 from last year.


New Zealand balance of trade Analytics & Data




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New Zealand balance of trade

Date Values
2024-10-31 -1544
2024-09-30 -2154
2024-08-31 -2306
2024-07-31 -1016
2024-06-30 585
2024-05-31 54
2024-04-30 -3
2024-03-31 476
2024-02-29 -218
2024-01-31 -976
2023-12-31 -322.78
2023-11-30 -1234
2023-10-31 -1709
2023-09-30 -2425
2023-08-31 -2273.37
2023-07-31 -1183.99
2023-06-30 -117.13
2023-05-31 39.78
2023-04-30 220.85
2023-03-31 -1602.49
2023-02-28 -846.76
2023-01-31 -2095.24
2022-12-31 -650.53
2022-11-30 -2183.79

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New Zealand balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade nz.balanceoftrade -1544.0 -2154 -28 -10 Down UP 65 2024-10-31

New Zealand balance of trade Quantitative Analysis, Charts & Factors

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New Zealand balance of trade Historical Data

The MacroVar database offers free access to historical data for the New Zealand balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of New Zealand balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the New Zealand balance of trade

The balance of trade in New Zealand refers to the difference between the value of goods and services that the country exports and the value of goods and services that it imports. A positive balance of trade occurs when exports exceed imports, leading to a trade surplus, while a negative balance of trade occurs when imports exceed exports, resulting in a trade deficit. A favorable balance of trade can indicate a strong economy, as it suggests that the country is exporting more than it is importing and is therefore earning more foreign currency. However, a persistent trade deficit can lead to a decrease in the value of the country's currency and potentially harm the overall economy. The New Zealand balance of trade is closely monitored by economists and policymakers to assess the country's economic health and competitiveness on the global stage.

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