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6 May 2024 18:09
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  •   Home > News > Business

    New Zealand's achieved its first trading surplus, since May last year

    New Zealand's achieved its first trading surplus, since May last year


    Statistics NZ trade data for March 2024 shows a monthly surplus of $588-million.

    Factored into that is a 12 percent rise in exports -- but also a 25 percent drop in goods imports.

    Export New Zealand executive director Josh Tan says fruit exports are the major factor in the rise in exports -- increasing about 74 percent.

    He says that's led by a significantly better crop this year of both kiwifruit and apples.

    © 2024 Newstalk ZB, NZCity

     Other Business News
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     06 May: Westpac New Zealand is reporting a net profit of 477-million dollar for the six months to March
     06 May: A warning that New Zealand needs to act now, to prevent further insurance spikes in the years to come
     06 May: The Chief Executive of Upper Hutt City Council is apologising after a number of mistakes were found in its draft long term plan
     06 May: New numbers show the impact the fashion sector has on the local economy
     06 May: New Zealanders are being urged not to let their insurance lapse, as premiums continue to rise at recent pace
     05 May: Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils
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    BUSINESS BUSINESS
    Concerns the Government's putting business ahead of children and teachers More...



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