New Zealand data: September exports and imports slightly lower m/m

<p>September trade balance data from New Zealand.</p><p>Inside the data release is info on exports to China:</p><ul><li>“Over the past decade, exports to China have been steadily increasing, with a flat period during COVID-19, but in recent months this has started to shift,” </li><li>Annual exports to China have been falling since May 2023</li><li>“China is an especially important market for exporters in our primary sectors of food and forestry,”</li></ul><p>China's stumbling economic recovery is playing out in reduced demand for products across the globe, not just from New Zealand. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.