New Zealand data – December 2024 trade balance surplus (exports up, imports weaker)

New Zealand Trade Balance for December month 2024 +219mn NZD, a handy sruplus

• prior -435mn

Annual Trade deficit narrows to -7.67bn

• prior -8.26bn

December Exports 6.84bn NZD

• prior 6.42bn

Imports 6.62bn NZD … falling imports is not necessarily a sign of a strong economy

• prior 6.85bn

The Reserve Bank of New Zealand is on a rate cutting path

This article was written by Eamonn Sheridan at www.forexlive.com.