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New Zealand February trade data shows exports and imports both climbing from January

Exports higher to everywhere but Japan

  • China: total exports were up $154 million (10 %)
  • Australia: total exports were up $39 million (5.9 %)
  • USA: total exports were up $305 million (52 %)
  • EU: total exports were up $23 million (7.9 %)
  • Japan: total exports were down $31 million (10 %)

Yesterday we had the news of recession in New Zealand, Q4 GDP negative after Q3 was before it:

This article was written by Eamonn Sheridan at www.forexlive.com.

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