Trade Balance (YoY)

Actual value:
-8250M
Source: StatisticsNZ
Currency: New Zealand Dollar
Country: New Zealand
Previous value: -9070M
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The trade balance of a country is the difference between its exports and imports of goods and services for the reporting period, expressed in monetary terms. The active part of the trade balance (with a plus sign +) includes: exported goods and services, foreign expenditure, and foreign investment in the national economy. The passive part of the trade balance (with a minus sign -) includes: imported goods and services, domestic expenditure, and domestic investment in the foreign economy. The sum of all these items gives the total balance of trade. If a country exports more goods and services than it imports, it has a trade surplus (positive value of the indicator). If imports exceed exports, the country has a trade deficit (negative value of the indicator).

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