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New Zealand March Trade Surplus NZ$672 Million

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

New Zealand had a merchandise trade surplus of NZ$672 million in March, Statistics New Zealand said on Wednesday - up from NZ$594 million in February.

Exports were up 3.8 percent on year or NZ$215 million to NZ$5.81 billion, up sharply from NZ$4.92 billion in the previous month.

For exports, fruit led the rises in total exports values, up NZ$115 million (54 percent). Other rises included milk powder, butter and cheese, up NZ$106 million (7.6 percent), and meat and edible offal, up NZ$102 million (11 percent). Forestry products led the falls, down NZ$185 million (35 percent). Crude oil fell NZ$22 million (40 percent).

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