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New Zealand Feb Goods Trade Surplus NZ$594 Million

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03/24/2020 | 05:19pm EDT

WELLINGTON, New Zealand--A jump in dairy exports helped to push New Zealand's trade balance into surplus in February, the statistics department said Wednesday.

The trade surplus of 594 million New Zealand dollars ($347 million) reflected a fall in imports and higher exports, the agency said.

Exports totaled NZ$4.92 billion in February, up 4.5% from a year earlier. Imports fell 9.9% to NZ$4.33 billion.

 

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