New Zealand Exports

Info

History

Chart

Impact:

Low

Latest Release:

Surprise:

NZD1.39B

Actual:

NZ$7.59B

Forecast: NZ$6.2B

Previous/Revision:

NZ$6.61B

Period: Apr 2025

Next Release:

Forecast:

Period: May 2025

What Does It Measure?

New Zealand exports measure the value of goods and services sold by New Zealand to foreign markets, indicating the country's economic performance and trade balance. Key areas assessed include the volume and value of exported products like dairy, meat, and machinery, with significant indicators being the total export amount and growth rates, crucial for understanding national economic health.

Frequency

These figures are released monthly, typically as a preliminary estimate, with final statistics published later, usually within the first week of the following month.

Why Do Traders Care?

Traders pay close attention to New Zealand's export data as it has a direct impact on the New Zealand dollar (NZD), where higher-than-expected exports can be bullish for the currency, reflecting robust economic demand. Additionally, positive export outcomes can influence market sentiment towards New Zealand's economy, affecting equities and other financial instruments.

What Is It Derived From?

The export figures are derived from customs data reported by businesses and compiled by Stats NZ, reflecting the total monetary value of goods shipped out of the country. The data collection involves rigorous methodologies, including tracking shipping documents and assessing the value of diverse exported goods through categories defined by the Harmonized System.

Description

The reported export data is often presented on a Month-over-Month (MoM) and Year-over-Year (YoY) basis, with YoY comparisons preferred for capturing long-term trends while eliminating seasonal effects. The MoM reports provide insights into short-term fluctuations, though they are not emphasized in the headline figures typically reported.

Additional Notes

New Zealand exports serve as a leading economic indicator, reflecting the country's competitiveness and global demand for its products, and they closely correlate with other indicators like the trade balance and GDP growth. This export data is crucial for understanding broader economic trends and can attract attention in comparisons with export performance from neighboring Australia or competitor markets globally.

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	Actual	Forecast	Previous	Surprise
Apr 21, 2025	NZ$7.59B	NZ$6.2B	NZ$6.61B	NZ$1.39B
Mar 20, 2025	NZ$6.74B	NZ$6.3B	NZ$6.06B	NZ$0.44B
Feb 20, 2025	NZ$6.19B		NZ$6.67B
Jan 29, 2025	NZ$6.84B	NZ$5.8B	NZ$6.42B	NZ$1.04B
Dec 19, 2024	NZ$6.48B	NZ$5.8B	NZ$5.77B	NZ$0.68B
Nov 24, 2024	NZ$5.77B	NZ$5.1B	NZ$4.91B	NZ$0.67B
Oct 21, 2024	NZ$5.01B	NZ$6.1B	NZ$4.85B	NZ$-1.09B
Sep 22, 2024	NZ$4.97B	NZ$5.6B	NZ$6.09B	NZ$-0.63B
Aug 19, 2024	NZ$6.15B	NZ$5.5B	NZ$6.04B	NZ$0.65B
Jul 21, 2024	NZ$6.17B	NZ$6.5B	NZ$7B	NZ$-0.33B
Jun 23, 2024	NZ$7.16B	NZ$6.5B	NZ$6.31B	NZ$0.66B
May 23, 2024	NZ$6.42B	NZ$6.8B	NZ$6.38B	NZ$-0.38B
Apr 23, 2024	NZ$6.5B	NZ$6.5B	NZ$5.79B
Mar 21, 2024	NZ$5.89B	NZ$4.7B	NZ$4.82B	NZ$1.19B
Feb 21, 2024	NZ$4.93B	NZ$5.1B	NZ$5.85B	NZ$-0.17B
Jan 28, 2024	NZ$5.94B	NZ$6.1B	NZ$5.95B	NZ$-0.16B
Dec 18, 2023	NZ$5.99B	NZ$5.9B	NZ$5.37B	NZ$0.09B
Nov 20, 2023	NZ$5.4B	NZ$4.7B	NZ$4.77B	NZ$0.7B
Oct 19, 2023	NZ$4.87B	NZ$4.9B	NZ$4.97B	NZ$-0.03B
Sep 21, 2023	NZ$4.99B	NZ$5.2B	NZ$5.38B	NZ$-0.21B
Aug 20, 2023	NZ$5.45B	NZ$6.5B	NZ$6.18B	NZ$-1.05B
Jul 23, 2023	NZ$6.31B	NZ$6.4B	NZ$6.97B	NZ$-0.09B
Jun 21, 2023	NZ$6.99B	NZ$6.6B	NZ$6.61B	NZ$0.39B
May 18, 2023	NZ$6.8B	NZ$6.3B	NZ$6.28B	NZ$0.5B
Apr 25, 2023	NZ$6.51B	NZ$6.1B	NZ$5.06B	NZ$0.41B
Mar 20, 2023	NZ$5.23B	NZ$6.5B	NZ$5.3B	NZ$-1.27B
Feb 21, 2023	NZ$5.47B	NZ$5.5B	NZ$6.52B	NZ$-0.03B
Jan 29, 2023	NZ$6.72B	NZ$6.5B	NZ$6.34B	NZ$0.22B
Dec 20, 2022	NZ$6.68B	NZ$6.9B	NZ$5.96B	NZ$-0.22B
Nov 21, 2022	NZ$6.14B	NZ$6.5B	NZ$5.94B	NZ$-0.36B
Oct 20, 2022	NZ$6.03B	NZ$6.17B	NZ$5.29B	NZ$-0.14B
Sep 21, 2022	NZ$5.48B		NZ$6.35B
Aug 18, 2022	NZ$6.68B		NZ$6.27B
Jul 20, 2022	NZ$6.42B		NZ$6.87B
Jun 21, 2022	NZ$6.95B		NZ$6.16B
May 19, 2022	NZ$6.31B		NZ$6.48B
Apr 27, 2022	NZ$6.67B		NZ$5.22B
Mar 20, 2022	NZ$5.49B		NZ$4.8B
Feb 24, 2022	NZ$4.86B		NZ$6.09B
Jan 31, 2022	NZ$6.07B		NZ$5.69B
Dec 19, 2021	NZ$5.86B		NZ$5.36B
Nov 24, 2021	NZ$5.35B		NZ$4.36B
Oct 26, 2021	NZ$4.4B		NZ$4.36B
Sep 23, 2021	NZ$4.35B	NZ$5.3B	NZ$5.77B	NZ$-0.95B
Aug 24, 2021	NZ$5.75B	NZ$5.8B	NZ$5.96B	NZ$-0.05B
Jul 25, 2021	NZ$5.95B	NZ$5.7B	NZ$5.89B	NZ$0.25B
Jun 24, 2021	NZ$5.87B	NZ$5.5B	NZ$5.4B	NZ$0.37B
May 25, 2021	NZ$5.37B	NZ$5.1B	NZ$5.69B	NZ$0.27B
Apr 28, 2021	NZ$5.68B		NZ$4.5B
Mar 23, 2021	NZ$4.47B	NZ$4.5B	NZ$4.2B	NZ$-0.03B
Feb 25, 2021	NZ$4.19B	NZ$4.6B	NZ$5.38B	NZ$-0.41B
Jan 27, 2021	NZ$5.35B		NZ$5.21B
Dec 17, 2020	NZ$5.2B		NZ$4.8B
Nov 25, 2020	NZ$4.78B	NZ$4.3B	NZ$4.01B	NZ$0.48B
Oct 26, 2020	NZ$4.01B	NZ$4.1B	NZ$4.41B	NZ$-0.09B
Sep 23, 2020	NZ$4.41B	NZ$4.5B	NZ$5.04B	NZ$-0.09B
Aug 25, 2020	NZ$4.91B	NZ$4.9B	NZ$5.08B	NZ$0.01B
Jul 23, 2020	NZ$5.07B	NZ$5.5B	NZ$5.4B	NZ$-0.43B
Jun 24, 2020	NZ$5.39B	NZ$5.5B	NZ$5.29B	NZ$-0.11B
May 25, 2020	NZ$5.26B	NZ$5.4B	NZ$5.82B	NZ$-0.14B
Apr 28, 2020	NZ$5.81B	NZ$4.8B	NZ$4.87B	NZ$1.01B
Mar 24, 2020	NZ$4.92B	NZ$4.3B	NZ$4.69B	NZ$0.62B
Feb 26, 2020	NZ$4.73B	NZ$4.5B	NZ$5.5B	NZ$0.23B
Jan 29, 2020	NZ$5.54B	NZ$5.3B	NZ$5.21B	NZ$0.24B
Dec 18, 2019	NZ$5.23B	NZ$5.1B	NZ$5.01B	NZ$0.13B
Nov 26, 2019	NZ$5.03B	NZ$4.7B	NZ$4.36B	NZ$0.33B
Oct 22, 2019	NZ$4.47B	NZ$4.8B	NZ$4.08B	NZ$-0.33B
Sep 24, 2019	NZ$4.13B	NZ$4.7B	NZ$4.96B	NZ$-0.57B
Aug 25, 2019	NZ$5.03B	NZ$5.5B	NZ$4.97B	NZ$-0.47B
Jul 23, 2019	NZ$5.01B	NZ$5.29B	NZ$5.74B	NZ$-0.28B
Jun 24, 2019	NZ$5.81B	NZ$5.61B	NZ$5.5B	NZ$0.2B
May 23, 2019	NZ$5.55B	NZ$5.35B	NZ$5.6B	NZ$0.2B
Apr 25, 2019	NZ$5.7B	NZ$5.3B	NZ$4.71B	NZ$0.4B
Mar 25, 2019	NZ$4.82B	NZ$4.7B	NZ$4.33B	NZ$0.12B
Feb 26, 2019	NZ$4.4B	NZ$4.8B	NZ$5.3B	NZ$-0.4B
Jan 28, 2019	NZ$5.48B	NZ$5.3B	NZ$4.91B	NZ$0.18B
Dec 19, 2018	NZ$4.94B	NZ$4.9B	NZ$4.82B	NZ$0.04B
Nov 26, 2018	NZ$4.86B	NZ$5.6B	NZ$4.25B	NZ$-0.74B
Oct 24, 2018	NZ$4.33B	NZ$3.6B	NZ$3.97B	NZ$0.73B
Sep 25, 2018	NZ$4.05B	NZ$4.4B	NZ$5.34B	NZ$-0.35B
Aug 23, 2018	NZ$5.35B	NZ$4.76B	NZ$4.88B	NZ$0.59B
Jul 24, 2018	NZ$4.91B	NZ$5.06B	NZ$5.35B	NZ$-0.15B
Jun 26, 2018	NZ$5.42B	NZ$5.25B	NZ$4.96B	NZ$0.17B
May 23, 2018	NZ$5.05B	NZ$4.85B	NZ$4.79B	NZ$0.2B
Apr 26, 2018	NZ$4.85B	NZ$4.98B	NZ$4.43B	NZ$-0.13B
Mar 25, 2018	NZ$4.46B	NZ$4.56B	NZ$4.29B	NZ$-0.1B
Feb 26, 2018	NZ$4.31B	NZ$4.58B	NZ$5.49B	NZ$-0.27B
Jan 29, 2018	NZ$5.55B	NZ$5B	NZ$4.61B	NZ$0.55B
Dec 19, 2017	NZ$4.63B	NZ$4.61B	NZ$4.55B	NZ$0.02B
Nov 23, 2017	NZ$4.56B	NZ$4.2B	NZ$3.78B	NZ$0.36B
Oct 25, 2017	NZ$3.78B	NZ$3.9B	NZ$3.68B	NZ$-0.12B
Sep 25, 2017	NZ$3.69B	NZ$4.05B	NZ$4.63B	NZ$-0.36B
Aug 23, 2017	NZ$4633M	NZ$4420M	NZ$4695M	NZ$213M
Jul 25, 2017	NZ$4697M	NZ$4600M	NZ$4919M	NZ$97M
Jun 26, 2017	NZ$4952M	NZ$4930M	NZ$4700M	NZ$22M
May 23, 2017	NZ$4750M	NZ$4400M	NZ$4605M	NZ$350M
Apr 27, 2017	NZ$4646M	NZ$4660M	NZ$4010M	NZ$-14M
Mar 23, 2017	NZ$4006M	NZ$4200M	NZ$3905M	NZ$-194M
Feb 27, 2017	NZ$3908M		NZ$4380M
Jan 29, 2017	NZ$4380M		NZ$3850M
Dec 20, 2016	NZ$3860M		NZ$3910M
Nov 24, 2016	NZ$3900M		NZ$3460M
Oct 26, 2016	NZ$3470M	NZ$3550M	NZ$3390M	NZ$-80M
Sep 25, 2016	NZ$3390M	NZ$3570M	NZ$3965M	NZ$-180M
Aug 23, 2016	NZ$3960M	NZ$4070M	NZ$4247M	NZ$-110M
Jul 25, 2016	NZ$4260M	NZ$4200M	NZ$4560M	NZ$60M
Jun 26, 2016	NZ$4574M		NZ$4305M
May 24, 2016	NZ$4300M	NZ$4130M	NZ$4204M	NZ$170M
Apr 26, 2016	NZ$4204M	NZ$4830M	NZ$4239M	NZ$-626M
Mar 23, 2016	NZ$4250M	NZ$4050M	NZ$3890M	NZ$200M
Feb 25, 2016	NZ$3898M	NZ$3740M	NZ$4426M	NZ$158M
Jan 27, 2016	NZ$4430M	NZ$4350M	NZ$4074M	NZ$80M
Dec 22, 2015	NZ$4081M		NZ$3813.4M
Aug 25, 2015	NZ$4.2B	NZ$3.85B	NZ$4.1B	NZ$0.35B
Jul 23, 2015	NZ$4.23B	NZD 4.09B	NZ$4.36B