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New Zealand April Trade Balance

The NZD traded slightly higher after a better than expected kiwi trade balance number for April. The details are as follows:

  • Trade Balance - Survey: 455M   Actual: 656M   Prior: 567M
  • Imports - Survey: 3.34B   Actual: 3.31B   Prior: 3.49B
  • Exports - Survey: 3.88B   Actual: 3.97B   Prior: 4.06B
  • Trade Balance 12 mth YTD - Survey: -60.0   Actual: 161.0   Prior: -194.0