FX.co ★ New Zealand Trade Gap Tops Forecasts

New Zealand's trade deficit widened to NZD 1.97 billion in September 2026, up from NZD 1.41 billion in the same month a year earlier and exceeding market expectations of a NZD 0.78 billion shortfall. Exports increased 12.3% year-on-year to NZD 6.47 billion, following a downwardly revised 12.4% rise in August. At the same time, imports climbed 17.7% year-on-year to NZD 8.44 billion, after a downwardly revised 13.21% increase in August.