|Unit||Mil. NZD, SA|
|Balance of Goods||May 2022||263.01||439.8||Mil. NZD, NSA||Monthly|
|Exports of Goods||May 2022||6,952||6,156||Mil. NZD, NSA||Monthly|
|Imports of Goods||May 2022||6,689||5,716||Mil. NZD, NSA||Monthly|
|Current Account Balance||2022 Q1||-8,521||-6,612||Mil. NZD, SA||Quarterly|
|Exports of Goods and Services||2022 Q1||18,755||20,410||Mil. NZD, SA||Quarterly|
|Imports of Goods and Services||2022 Q1||25,526||24,405||Mil. NZD, SA||Quarterly|
|Net Exports||2022 Q1||-6,771||-3,995||Mil. NZD, SA||Quarterly|
|Real Exports of Goods and Services||2022 Q1||13,537||15,798||Mil. Ch. 2009/2010 NZD, SA||Quarterly|
|Real Imports of Goods and Services||2022 Q1||21,949||22,579||Mil. Ch. 2009/2010 NZD, SA||Quarterly|
|Real Net Exports||2022 Q1||-8,412||-6,781||Mil. Ch. 2009/2010 NZD, SA||Quarterly|
For New Zealand, the Balance of Payments current account summarises international trade in goods and services, and investment income and transfers with the rest of the world. A deficit in the current account shows that expenses were greater than earnings for a given period. A deficit must be balanced by a net inflow of investment from the rest of the world.
The balance of payments is made up of:
Essential principles guiding the compilation of New Zealand's balance of payments statistics are:
BPM6 is the International Monetary Fund’s Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6). It is the current international standard adopted by New Zealand in the compilation of balance of payments and international investment statistics.