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19.02.202621:45:00UTC+00New Zealand Trade Deficit Widens to NZ$2.31 Billion in January 2026

New Zealand’s trade balance showed a deeper deficit at the start of 2026, with the gap widening to NZ$2.31 billion in January 2026, compared with a deficit of NZ$2.20 billion recorded in December 2025. The latest data, updated on 19 February 2026, point to continued pressure on the country’s external position.

The January figure is assessed on a year-over-year basis, comparing trade dynamics for the month against January a year earlier. Similarly, the December 2025 reading reflected a year-over-year comparison with December of the prior year. The latest result suggests that New Zealand’s trade shortfall has not only persisted but modestly increased as the new year began, signaling ongoing imbalances between exports and imports at a time when global trade conditions remain closely watched by markets and policymakers.

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