New Zealand Trade Balance arrives at -$14.81B YoY in October vs. $-15.41B prior

New Zealand’s Trade Balance came in at $-14.81B YoY in October versus $-15.41B prior, according to the latest data released by Statistics New Zealand on Tuesday.

Further details suggest that Exports improved to $5.40B during the said month versus $4.77B prior whereas Imports dropped to $7.11B compared to $7.20B in previous readings.