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New Zealand Records NZ$800 Million Goods Trade Surplus in May

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New Zealand recorded a goods trade surplus of NZ$800 million in May, compared with a surplus of NZ$1.6 billion in April, Stats NZ data showed on Friday.

Goods exports rose 18% to NZ$8.88 billion, while imports rose 26% to NZ$8.08 billion.

Exports were driven by a 43% increase in meat and edible offal, while mechanical machinery and equipment recorded the largest decline, falling 11%.

Petroleum and petroleum products led the increase in imports, rising 104%, while ships, boats, and floating structures led the decline, falling 91%.

In the year ended May, New Zealand recorded a trade deficit of NZ$3.37 billion, compared with a trade deficit of NZ$4.01 billion in the year ended May 2025.

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