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New Zealand Trade Gap Widens In October: China Becomes NZ Top Export Destination

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 26, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    New Zealand's merchandise trade shortfall widened slightly last month from a year earlier, as a precipitous decline in value of overseas shipments of milk powder affected exports. The country logged a NZ$3.24 billion deficit for the 12 months to October. The decline was led by a 29% decline in the[​IMG]

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