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New Zealand Has NZ$2.447 Billion Trade Deficit

New Zealand posted a merchandise trade deficit of NZ$2.447 billion in August, Statistics New Zealand said on Thursday.

That follows the downwardly revised NZ$1.406 billion deficit in July (originally NZ$1.092 billion).

Exports were worth NZ$5.48 billion, down from the downwardly revised NZ$6.35 billion in the previous month (originally NZ$6.68 billion).

Imports came in at NZ$7.93 billion, up from the downwardly revised NZ$7.76 billion a month earlier (originally NZ$7.77 billion).

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