NZ June trade surplus $230m

A $230 million trade surplus recorded for June was slightly up from a year earlier but below market expectations.

Exports for the month rose 4.7 percent or $176m to $4 billion, while imports rose 4.7 percent or $167m to $3.7 billion, Statistics New Zealand said today.

Median forecasts in a Reuters poll of economists had been for a June trade surplus of $369m.

For the year to June the trade surplus was $1b, compared to the median forecast of $1.2b.

The main boost to exports last month compared to June 2010 was a $90m or 11 percent rise in milk powder, butter and cheese.

Among imports the largest rise was for petroleum and products, which rose $62m or 9.3 percent, mainly due to crude oil imports.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Rua Bioscience Market Update
FSF - Fonterra announces interim leadership changes
April 29th Morning Report
NZK - Blue Endeavour Pilot Farm and Wellboat Update
TRU - FY 31 March 2026 Revenue and Results Guidance Achieved
FBU - Fletcher Building sale of Fletcher Reinforcing and Wire
April 28th Morning Report
RYM - Ryman Healthcare appoints new independent director
ikeGPS 4Q FY26 and Full Year FY26 Performance Update
HGH - Heartland trading update