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6 May 2024 9:10
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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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     05 May: Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils
     04 May: A nightmare run for the Green Party as further accusations come out about Julie Anne Genter
     04 May: A man has been arrested after allegedly waving a knife at customers at a KFC in Nelson
     03 May: The Reserve Bank is hoping to give small towns greater access to cash as part of a new trial
     03 May: New Zealand Rugby boss Mark Robinson has deflected speculation on a big-money deal from Qatar... taking on the finals weekend for the new Nations Championship
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    BUSINESS BUSINESS
    New numbers show the impact the fashion sector has on the local economy More...



     Today's News

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    Business:
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