Trends in Trade Balance in New Zealand
New Zealand| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The trade balance is an indicator of New Zealand's total exports and imports, with the trade balance (customs basis) being the value derived by subtracting the import amount from the export amount. This data is released monthly by Statistics New Zealand and is crucial for assessing the health and competitiveness of international trade.
A trade surplus occurs when exports exceed imports, leading to an increase in foreign currency reserves and serving as a positive factor for the economy. Conversely, a trade deficit occurs when imports exceed exports, indicating an economic imbalance.
This data is a vital reference for policymakers in adjusting trade and exchange rate policies. For businesses and investors, it is an important source of information for understanding trade trends. Analyzing the trade balance helps in identifying key export and import commodities and the trends with trade partner countries, which is essential for formulating economic and investment strategies.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
