New Zealand saw a seasonally adjusted merchandise trade surplus of NZ$355 million in April, Statistics New Zealand said on Thursday.
That missed forecasts for a surplus of NZ$400 million following the NZ$134 million surplus in March.
Exports were down 17 percent on year to NZ$3.89 billion, shy of expectations for NZ$4.10 billion after coming in at NZ$4.22 billion in the previous month.
Imports added an annual 0.1 percent to NZ$3.53 billion versus forecasts for NZ$3.70 billion after showing NZ$4.08 billion a month earlier.
by RTT Staff Writer
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