New Zealand Import Saw Biggest Drop in the Month

  • May 26, 2020 NZST
  • Team Kalkine
New Zealand Import Saw Biggest Drop in the Month

As per Stats NZ, Imports in the month of April 2020 had their biggest fall since October 2009, which resulted in a monthly trade surplus of about $1.3 billion.

  • A sharp decline in imports of vehicles, petroleum, and machinery, combined with steady exports, led to a record trade surplus;
  • The value of goods imported in the month of April 2020 decreased by $1.1 billion (22 per cent) to $4.0 billion when compared with April 2019.


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