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New Zealand NZD

New Zealand Imports

Impact:
Low

Latest Release:

Date:
Surprise:
NZ$-0.78B
Actual:
NZ$6.42B
Forecast: NZ$7.2B
Previous/Revision:
NZ$6.61B
Period: Apr

Next Release:

Date:
Period: May
What Does It Measure?
New Zealand's import data measures the total value of goods and services brought into the country over a specified period, explicitly reflecting the demand for foreign products among consumers and businesses. It primarily focuses on components such as consumer goods, capital goods, and intermediate goods, providing insights into production, consumption patterns, and overall economic health on a national level.
Frequency
Imports data is released monthly, typically published about the last working day of each month, presenting preliminary figures that may be revised in subsequent reports.
Why Do Traders Care?
Traders monitor New Zealand's imports closely as higher import levels can indicate robust domestic demand, fostering positive sentiment in financial markets, particularly for the New Zealand dollar (NZD) and equities. Conversely, declining import values can suggest weakening economic activity, potentially leading to bearish effects on currencies and stocks.
What Is It Derived From?
The import figures are derived from customs records and trade balance statistics, collected through comprehensive surveys conducted among importers. This data includes detailed accounting of the type and value of imported goods and follows standard statistical methodologies for accuracy.
Description
Preliminary reports provide early estimates of imports, subject to adjustments as more complete data is compiled, while final reports deliver a more accurate account but are available later. The comparison is typically based on Year-over-Year (YoY), allowing traders to analyze long-term trends and the impacts of seasonality, with this approach being preferred for its ability to reveal structural changes in the economy.
Additional Notes
Import data serves as a coincident economic indicator that reflects current consumer and business activity levels, thereby influencing broader economic analyses. It can also provide contextual understanding when compared with export data, indicating trade balance movements that may affect policy decisions and currency valuation.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for NZD, Bullish for Stocks. Lower than expected: Bearish for NZD, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
NZ$6.42B
NZ$7.2B
NZ$6.61B
NZ$-0.78B
NZ$6.62B
NZ$6.2B
NZ$6.22B
NZ$0.42B
NZ$6.23B
NZ$6.5B
NZ$6.6B
NZ$-0.27B
NZ$6.68B
NZ$6.58B
NZ$6.62B
NZ$6.8B
NZ$6.85B
NZ$-0.18B
NZ$6.92B
NZ$7.6B
NZ$7.31B
NZ$-0.68B
NZ$7.31B
NZ$7.2B
NZ$7.06B
NZ$0.11B
NZ$7.12B
NZ$7.1B
NZ$7.15B
NZ$0.02B
NZ$7.17B
NZ$7.3B
NZ$7.1B
NZ$-0.13B
NZ$7.11B
NZ$6B
NZ$5.45B
NZ$1.11B
NZ$5.47B
NZ$7.5B
NZ$6.94B
NZ$-2.03B
NZ$6.95B
NZ$6.2B
NZ$6.32B
NZ$0.75B
NZ$6.32B
NZ$6.1B
NZ$5.9B
NZ$0.22B
NZ$5.91B
NZ$7.3B
NZ$6.1B
NZ$-1.39B
NZ$6.11B
NZ$5.5B
NZ$5.9B
NZ$0.61B
NZ$5.91B
NZ$5.9B
NZ$6.22B
NZ$0.01B
NZ$6.26B
NZ$6.7B
NZ$7.2B
NZ$-0.44B
NZ$7.23B
NZ$7.3B
NZ$7.1B
NZ$-0.07B
NZ$7.11B
NZ$6.4B
NZ$7.19B
NZ$0.71B
NZ$7.2B
NZ$7.4B
NZ$7.24B
NZ$-0.2B
NZ$7.28B
NZ$6.1B
NZ$6.55B
NZ$1.18B
NZ$6.56B
NZ$6.9B
NZ$6.29B
NZ$-0.34B
NZ$6.3B
NZ$7.4B
NZ$6.91B
NZ$-1.1B
NZ$6.95B
NZ$6.9B
NZ$6.37B
NZ$0.05B
NZ$6.38B
NZ$6.1B
NZ$7.87B
NZ$0.28B
NZ$7.78B
NZ$6.8B
NZ$5.86B
NZ$0.98B
NZ$5.95B
NZ$7.5B
NZ$7.42B
NZ$-1.55B
NZ$7.42B
NZ$6.7B
NZ$7.16B
NZ$0.72B
NZ$7.19B
NZ$7.6B
NZ$8.52B
NZ$-0.41B
NZ$8.54B
NZ$8.7B
NZ$8.26B
NZ$-0.16B
NZ$8.27B
NZ$7.9B
NZ$7.63B
NZ$0.37B
NZ$7.64B
NZ$7.99B
NZ$7.92B
NZ$-0.35B
NZ$7.93B
NZ$7.76B
NZ$7.77B
NZ$7.38B
NZ$7.12B
NZ$6.68B
NZ$6.69B
NZ$5.72B
NZ$5.73B
NZ$7.06B
NZ$7.06B
NZ$5.91B
NZ$5.88B
NZ$5.92B
NZ$5.94B
NZ$7.07B
NZ$6.55B
NZ$6.75B
NZ$6.73B
NZ$6.66B
NZ$6.64B
NZ$6.57B
NZ$6.57B
NZ$6.5B
NZ$6.49B
NZ$5.9B
NZ$6.17B
NZ$0.59B
NZ$6.16B
NZ$5.9B
NZ$5.71B
NZ$0.26B
NZ$5.69B
NZ$5.3B
NZ$5.4B
NZ$0.39B
NZ$5.4B
NZ$5.1B
NZ$4.99B
NZ$0.3B
NZ$4.98B
NZ$5.2B
NZ$5.66B
NZ$-0.22B
NZ$5.65B
NZ$4.3B
NZ$4.29B
NZ$4.1B
NZ$4.85B
NZ$0.19B
NZ$4.82B
NZ$5.4B
NZ$5.32B
NZ$-0.58B
NZ$5.33B
NZ$4.92B
NZ$4.95B
NZ$5.27B
NZ$5.29B
NZ$4.6B
NZ$5.03B
NZ$0.69B
NZ$5.02B
NZ$4.9B
NZ$4.69B
NZ$0.12B
NZ$4.76B
NZ$4.6B
NZ$4.59B
NZ$0.16B
NZ$4.63B
NZ$4.8B
NZ$4.61B
NZ$-0.17B
NZ$4.64B
NZ$4.3B
NZ$4.11B
NZ$0.34B
NZ$4.14B
NZ$4.5B
NZ$3.95B
NZ$-0.36B
NZ$3.99B
NZ$4.7B
NZ$5.09B
NZ$-0.71B
NZ$5.14B
NZ$4.5B
NZ$4.34B
NZ$0.64B
NZ$4.33B
NZ$4.8B
NZ$5.1B
NZ$-0.47B
NZ$5.07B
NZ$5.3B
NZ$5.12B
NZ$-0.23B
NZ$5B
NZ$5.4B
NZ$6B
NZ$-0.4B
NZ$5.98B
NZ$6B
NZ$6.05B
NZ$-0.02B
NZ$6.05B
NZ$5.8B
NZ$5.68B
NZ$0.25B
NZ$5.71B
NZ$6.1B
NZ$5.71B
NZ$-0.39B
NZ$5.69B
NZ$6B
NZ$5.66B
NZ$-0.31B
NZ$5.71B
NZ$4.3B
NZ$4.63B
NZ$1.41B
NZ$4.65B
NZ$5.2B
NZ$5.57B
NZ$-0.55B
NZ$5.54B
NZ$5.4B
NZ$5.12B
NZ$0.14B
NZ$5.11B
NZ$4.9B
NZ$4.78B
NZ$0.21B
NZ$4.77B
NZ$5.15B
NZ$4.78B
NZ$-0.38B
NZ$4.8B
NZ$4.9B
NZ$5.28B
NZ$-0.1B
NZ$5.32B
NZ$5B
NZ$5.28B
NZ$0.32B
NZ$5.22B
NZ$5.7B
NZ$5.86B
NZ$-0.48B
NZ$5.8B
NZ$6.6B
NZ$6.13B
NZ$-0.8B
NZ$6.15B
NZ$6.3B
NZ$5.84B
NZ$-0.15B
NZ$5.89B
NZ$5.7B
NZ$5.44B
NZ$0.19B
NZ$5.54B
NZ$5.5B
NZ$5.54B
NZ$0.04B
NZ$5.49B
NZ$5.2B
NZ$5.17B
NZ$0.29B
NZ$5.02B
NZ$4.92B
NZ$5.15B
NZ$0.1B
NZ$5.12B
NZ$5.1B
NZ$4.77B
NZ$0.02B
NZ$4.79B
NZ$4.65B
NZ$4.95B
NZ$0.14B
NZ$4.94B
NZ$4.85B
NZ$4.26B
NZ$0.09B
NZ$4.24B
NZ$4.63B
NZ$4.94B
NZ$-0.39B
NZ$4.87B
NZ$4.6B
NZ$4.89B
NZ$0.27B
NZ$4.91B
NZ$5.1B
NZ$5.84B
NZ$-0.19B
NZ$5.82B
NZ$5.1B
NZ$5.4B
NZ$0.72B
NZ$5.43B
NZ$4.95B
NZ$4.92B
NZ$0.48B
NZ$4.92B
NZ$4.88B
NZ$4.86B
NZ$0.04B
NZ$4.92B
NZ$4.8B
NZ$4.53B
NZ$0.12B
NZ$4548M
NZ$4600M
NZ$4449M
NZ$-52M
NZ$4455M
NZ$4390M
NZ$4845M
NZ$65M
NZ$4849M
NZ$4480M
NZ$4164M
NZ$369M
NZ$4172M
NZ$4100M
NZ$4328M
NZ$72M
NZ$4315M
NZ$4300M
NZ$4060M
NZ$15M
NZ$4024M
NZ$3990M
NZ$4163M
NZ$34M
NZ$4193M
NZ$4420M
NZ$4420M
NZ$4600M
NZ$4560M
NZ$4720M
NZ$4740M
NZ$4860M
NZ$4900M
NZ$4650M
NZ$4650M
NZ$250M
NZ$4650M
NZ$4310M
NZ$4316M
NZ$340M
NZ$4400M
NZ$4450M
NZ$4137M
NZ$-50M
NZ$4130M
NZ$4110M
NZ$4215M
NZ$20M
NZ$4216M
NZ$3979M
NZ$4008M
NZ$4060M
NZ$4014M
NZ$-52M
NZ$4087M
NZ$4300M
NZ$3873M
NZ$-213M
NZ$3910M
NZ$3940M
NZ$3880M
NZ$-30M
NZ$3890M
NZ$3870M
NZ$4464M
NZ$20M
NZ$4480M
NZ$4550M
NZ$4872M
NZ$-70M
NZ$4859M
NZ$4718M
NZ$4.9B
NZ$4.5B
NZ$4.3B
NZ$0.4B
NZ$4.29B
NZD 3.95B
NZ$3.9B