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New Zealand Imports up to $3.7B in Mar from $3.49B

New Zealand trade surplus beats expectations

The New Zealand trade balance data in March (MoM) came at 718M vs $373M expected and $414M prior. On a yearly, the trade balance stood at $-0.52B vs $-0.97B expected and $-1.08B prior. Exports were $4.42B vs $4.13B expected and $3.91B prior, while imports came at $3.70B vs $3.83B expected and $3.49B prior.
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