Goods trade deficit with EU widens to $5b, raising need for free-trade deal
The European Union is the second-biggest source of imported goods at $10.3 billion but buys only $5.2b of exported goods.
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Hawke’s Bay
The urgency of making free-trade agreements with both the EU and the post-Brexit UK is highlighted in the latest quarterly trade figures.
The deficit with the EU – New Zealand’s third-largest market for trading goods and services – has widened to $4.6 billion from $3.5b in the year to March
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Nevil Gibson
Tue, 05 Jun 2018
Tue, 05 Jun 2018
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Goods trade deficit with EU widens to $5b, raising need for free-trade deal
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