More dairy, wood, and wine exports in April 2017 resulted in a goods trade surplus of $578 million, said Statistics New Zealand.
April’s goods trade surplus was the largest monthly surplus since March 2015 and the largest April surplus since April 2011. Although Easter fell in April this year, this seemed to have little impact on exports. Both exports and imports reached new highs for an April month.
Goods exports in April 2017 were worth $4.8b, up $423 million (9.8 per cent) from April 2016. The top-five export commodities all rose compared with April 2016.