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9 May 2024 0:56
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  •   Home > News > Business

    New Zealand's achieved its first trading surplus, since May last year

    New Zealand's achieved its first trading surplus, since May last year


    Statistics NZ trade data for March 2024 shows a monthly surplus of $588-million.

    Factored into that is a 12 percent rise in exports -- but also a 25 percent drop in goods imports.

    Export New Zealand executive director Josh Tan says fruit exports are the major factor in the rise in exports -- increasing about 74 percent.

    He says that's led by a significantly better crop this year of both kiwifruit and apples.

    © 2024 Newstalk ZB, NZCity

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