Statistics New Zealand released its trade data on late Tuesday evening. New Zealand’s trade surplus widened to NZ$292 million in April from NZ$189 million in March. March’s figure was revised up from a surplus of NZ$117 million.

Analysts had expected the surplus to narrow to NZ$60 million.

Exports rose 4.0% year-on-year in April, mainly driven by fruit exports, while imports increased by 1.5%, led by consumption goods.

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