NZ’s annual trade deficit shrinks to smallest in 15 months

NZ’s annual trade deficit shrinks to smallest in 15 months
NZ's trading relationships are changing. (Image: Getty)
Paul McBeth
New Zealand posted its skinniest annual merchandise trade deficit in 15 months in November as the nation continued to dial back its appetite for foreign goods. The annual trade deficit was $13.87 billion in the 12 months to Nov 30 – smaller than the $14.99b reported a year earlier and the narrowest gap since September last year. The value of goods exported over that period fell 3.1% to $69.34b, a slower pace of decline than the 3.8% reduction in goods imported to $83.21b, Statistics NZ figures showed.NZ’s trade deficit det...

More Economy

Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025
S&P/NZX 50 Index opens down after US strike on Iran
Economy

S&P/NZX 50 Index opens down after US strike on Iran

NZD/USD also under pressure as investors seek safe haven. 

Rebecca Howard 23 Jun 2025