New Zealand had a merchandise trade surplus of NZ$358 million in May, Statistics New Zealand said on Monday.
That exceeded forecast for a surplus of NZ$182 million following the NZ$292 million surplus in April.
Exports climbed 5.1 percent on year to NZ$4.57 billion – also topping expectations for NZ$4.331 billion after coming in at NZ$4.30 billion in the previous month.
Imports jumped an annual 5.7 percent to NZ$4.22 billion versus forecasts for NZ$4.15 billion after coming in at NZ$4.01 billion a month earlier.
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