New Zealand trade balance surplus exceeds estimates

The New Zealand trade balance was at a surplus of 350 million compared to 183 million in the previous period.

The key points of the report include:

• Exports fall 4.7 percent 
• Imports fall 7.0 percent  
• Goods trade surplus of $350 million in May 2015 
• Seasonally adjusted exports rise 3.9 percent 
• Seasonally adjusted imports rise 0.4 percent 
• Exchange rate movements