New Zealand December trade balance -$477m vs -$864m prior

• Prior was -$864m (revised to -$1.06B)
• Imports $6.55B vs $6.73B prior
• Exports $6.07B vs $5.86B prior

On the year, New Zealand posted a $6.78 billion trade deficit, which is narrowly below the 2018 and 2005 deficits, making it the worst on record.