Susan Kilsby, agriculture economist at ANZ, points out that the New Zealand’s trade balance for February was stronger than expected with exports above expectations and imports aligned with expectations. Key Quotes “The unadjusted monthly trade balance hit a small surplus in February of $12m in January. Exports at $4.8bn were above expectations, with lamb exports at record levels. Imports were aligned with expectations at $4.8bn.” “On a seasonally adjusted basis, exports increased 7.7% m/m.” “Seasonally adjusted imports rose 0.7% m/m.” “On a regional basis, exports to China continued to trend up. Exports to China in February were 32.5% higher than the previous February. Year to date exports are now up 16.1%. Exports to South Korea are also in double digits for the year to date, up 10.1%.” “Further surpluses are expected as the year progresses reflecting ongoing strength in export volumes of meat and dairy products. The recent lift in dairy prices is yet to flow through to export values but this should start to occur in the coming months.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Recession talk is on the rise – Westpac FX Street 4 years Susan Kilsby, agriculture economist at ANZ, points out that the New Zealand's trade balance for February was stronger than expected with exports above expectations and imports aligned with expectations. Key Quotes "The unadjusted monthly trade balance hit a small surplus in February of $12m in January. Exports at $4.8bn were above expectations, with lamb exports at record levels. Imports were aligned with expectations at $4.8bn." "On a seasonally adjusted basis, exports increased 7.7% m/m." "Seasonally adjusted imports rose 0.7% m/m." "On a regional basis, exports to China continued to trend up. Exports to China in February were 32.5% higher than… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
