NZ posts trade surplus in April as gold kiwifruit, apples drive exports

Tue, 24 May 2016

By Paul McBeth May 25 (BusinessDesk) - New Zealand posted a bigger-than-expected trade surplus in April as increased volumes of gold kiwifruit and apples drove up shipments of fruit, the country's fourth-biggest export product. The trade surplus of $292 million in April was more than the $60 million expected in a Reuters poll of economists and wider than the $184 million reported a year earlier, Statistics New Zealand said. Exports rose 4 percent to $4.3 billion and imports were up 1.5 percent at $4.01 billion. Sales of fruit rose 16...

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