New Zealand posted a merchandise trade surplus of NZ$510 million in February, Statistics New Zealand said on Friday.
That beat forecasts for a deficit of NZ$235 million following the downwardly revised NZ$544 million shortfall in January (originally -NZ$486 million).
Exports came in at NZ$6.74 billion, up from the downwardly revised NZ$6.06 billion in the previous month (originally NZ$6.74 billion).
Imports were at NZ$6.23 billion, down from the downwardly revised NZ$6.60 billion a month earlier (originally NZ$6.68 billion).
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.