Summary
New Zealand posted a record trade surplus of NZD 1.92 billion in April 2026. This marks the largest trade surplus on record.
Exports rose 12% year-on-year to a record NZD 8.6 billion. Exports to China, the top trading partner, rose 3.9%.
Imports increased 3.4% to NZD 6.7 billion. Imports from China rose 13%.
Summary in Chinese
新西兰2026年4月贸易顺差达到创纪录的19.2亿新元。这是新西兰有记录以来最大的月度贸易顺差。
出口同比增长12%，达到创纪录的86亿新元。对华出口增长3.9%。
进口增长3.4%至67亿新元。自华进口增长13%。
Comment
This record trade surplus reflects New Zealand’s strong export performance despite global economic headwinds. The 3.9% growth in exports to China, while modest compared to other markets, demonstrates the resilience of the bilateral trade relationship.
The dairy sector’s recovery (+7.0% in milk powder, butter, and cheese) is particularly encouraging. However, the decline in fruit exports to China (-$121 million) warrants attention.
The 13% growth in imports from China suggests strong domestic demand for Chinese manufactured goods, maintaining the balanced nature of the trade relationship.
Comment in Chinese
这一创纪录的贸易顺差反映了新西兰在全球经济逆风中的强劲出口表现。对华出口增长3.9%，虽然低于对澳大利亚（+27%）和欧盟（+30%）的增幅，但显示出双边贸易关系的韧性。
乳制品行业的复苏尤其令人鼓舞，奶粉、黄油和奶酪出口增长7.0%。然而对华水果出口下降1.21亿新元值得关注，可能反映季节性因素或竞争加剧。
自华进口增长13%，表明新西兰对中国制成品的国内需求强劲。这些数据表明中新贸易关系在复杂国际环境中保持了稳定增长态势，为两国企业提供了可预期的市场环境。 这些数据表明中新贸易关系在复杂国际环境中保持了稳定增长态势。
Source: Trading Economics, Stats NZ
Photo by AI on MiDeer Observer
Disclaimer: This article is for informational purposes only and does not constitute investment or trade advice. The views expressed are independent analysis and do not represent any official position. Data sourced from publicly available information.
免责声明：本文仅供信息参考，不构成投资或贸易建议。所表达的观点为独立分析，不代表任何官方立场。数据来源于公开信息。