New Zealand had a merchandise trade deficit of NZ$1,350 million in September, Statistics New Zealand said on Friday.
That was well shy of forecasts for a shortfall of NZ$625 million following the NZ$472 million deficit in August.
Exports were down 5.3 percent on year to NZ$3.61 billion – topping forecasts for NZ$3.50 billion and up from NZ$3.52 billion in the previous month.
Imports surged an annual 23.0 percent to NZ$4.97 billion versus forecasts for NZ$4.20 billion and up sharply from NZ$4.00 billion a month earlier.
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