Trade Balance in New Zealand

New Zealand Trade Balance | Economic News & Forecasts

New Zealand - Trade Balance

Growth appears to have picked up in the first quarter despite the global slowdown. Although household spending likely moderated amid slower retail sales, fixed investment growth is expected to have accelerated on increased construction activity. Moreover, export growth sped up in Q1, buttressed by higher demand from China. Turning to the second quarter, momentum seems to have been partly sustained. Upbeat electronic card transactions in April-May point to stronger consumption than in Q1, while the scrapping of a planned capital gains tax in April and a cut to the official cash rate (OCR) in May likely boosted investment. Moreover, solid export growth in April signaled that the external sector got off to a strong start in Q2. On 17 May, the Central Bank proposed to gradually lift capital requirements for banks from 8.5% to 16.0% in order to increase financial stability; however, banks claim that the measure could limit the availability of credit.

New Zealand - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-     -     -     -     -     

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New Zealand Trade Balance Chart

New Zealand Trade
Note: Trade balance in (USD bn).
Source: Statistics New Zealand and FocusEconomics calculations.

New Zealand Facts

Bond Yield1.561.20 %Jul 11
Exchange Rate0.67-1.69 %Jul 11
Stock Market4,6590.11 %Jul 11

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