New Zealand’s Trade Surplus Reaches NZ$970 Million in March 2025
New Zealand’s Trade Surplus Reaches NZ$970 Million in March 2025
On April 22, 2025, Statistics New Zealand released the latest trade data, revealing that the country’s trade surplus for March 2025 reached NZ$970 million. This figure significantly surpasses the previous month’s surplus of NZ$510 million and marks the largest monthly trade surplus since April 2011, excluding months affected by the COVID-19 pandemic.
The substantial increase in the trade surplus is attributed to robust export performance, with exports totaling NZ$7.59 billion in March 2025—the highest monthly export value recorded to date. Key contributors to this surge include dairy products, meat, and fruit, which have seen increased demand in international markets.
Imports also experienced growth, rising by 4.1% ($818 million) to reach $20.6 billion in the March 2025 quarter. Despite the increase in imports, the more substantial growth in exports led to the notable trade surplus.
This positive trade balance indicates a strengthening of New Zealand’s export sector and suggests resilience in the face of global economic challenges. The data reflects the country’s ability to capitalize on its key export commodities and maintain strong trade relationships, particularly with major partners such as China and the United States.
