New Zealand Has NZ$699 Million Trade Surplus In June

New Zealand Has NZ$699 Million Trade Surplus In June

New Zealand posted a merchandise trade surplus of NZ$699 million in June, Statistics New Zealand said on Monday.

That beat forecasts for a surplus of NZ$294 million following the downwardly revised NZ$54 million surplus in May (originally NZ$204 million).

Exports were worth NZ$6.17 billion, easing from the downwardly revised NZ$7.00 billion in the previous month (originally NZ$7.16 billion).

Imports came in at NZ$5.47 billion, down from the downwardly revised NZ$6.94 billion (originally NZ$6.95 billion).

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