New Zealand had a merchandise trade deficit of NZ$213 million in November, Statistics New Zealand said on Tuesday.
That beat forecasts for a shortfall of 575 million following the NZ$908 million deficit in October.
Exports dipped 9.5 percent on year to NZ$4.02 billion, while imports fell an annual 1.3 percent to NZ$4.24 billion.
This is the smallest November deficit since 2010, the bureau said.
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