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FINWIRES

New Zealand Records NZ$698 Million in Goods Trade Surplus in March

-- New Zealand recorded a goods trade surplus of NZ$698 million in March, compared with a deficit of NZ$364.7 million in February, Stats NZ data showed on Monday.

Goods exports rose 7.3% to NZ$7.94 billion, while imports rose 9.6% to NZ$7.25 billion.

Exports were driven by a 166% increase in precious metals, jewelry, and coins, while mechanical machinery and equipment recorded the largest drop, declining by 19%.

Mechanical machinery and equipment led the increase in imports, rising 31%, while petroleum and products led the decline, falling 30%.

In the year ended March, New Zealand recorded an actual annual trade deficit of NZ$3.19 billion, compared with a trade deficit of NZ$6.26 billion in the year ended March 2025.

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