New Zealand trade balance data for March

Trade surplus of 117mln

  • expected 401m
  • prior 339m

Exports 4.20bn

  • expected 4.65bn
  • prior 4.25bn

Imports 4.09bn

  • expected 4.28bn
  • prior 3.91bn

-

  • Largest annual trade deficit since April 2009
  • Falling value of agricultural exports cited (dairy, beef, lamb)