New Zealand saw a merchandise trade surplus of NZ$157 million in April, Statistics New Zealand said on Friday.
That missed forecasts for a surplus of NZ$480 million following the upwardly revised surplus of NZ$732 million in March (originally NZ$718 million).
Exports were up a seasonally adjusted 2.2 percent to NZ$3.95 billion - also missing expectations for NZ$4.06 billion after coming in at a downwardly revised NZ$4.41 billion in the previous month (originally NZ$4.42 billion).
Imports jumped a seasonally adjusted 7.4 percent to NZ$3.80 billion versus forecasts for NZ$3.60 billion after showing a downwardly revised NZ$3.68 billion a month earlier (originally NZ$3.70 billion).
For comments and feedback: editorial@rttnews.com