New Zealand - Real Net Exports





New Zealand: Real Net Exports

Mnemonic NETEX$.INZL
Unit Mil. Ch. 2009/2010 NZD, SA
Adjustments Seasonally Adjusted
Quarterly 10.96 %
Data 2019 Q1 -2,926
2018 Q4 -3,286

Series Information

Source Statistics New Zealand
Release GDP
Frequency Quarterly
Start Date 6/30/1987
End Date 3/31/2019

New Zealand: Trade

Reference Last Previous Units Frequency
Balance of Goods Jun 2019 365 175 Mil. NZD, NSA Monthly
Exports of Goods Jun 2019 5,014 5,744 Mil. NZD, NSA Monthly
Imports of Goods Jun 2019 4,648 5,569 Mil. NZD, NSA Monthly
Exports of Goods and Services 2019 Q1 21,055 21,074 Mil. NZD, SA Quarterly
Imports of Goods and Services 2019 Q1 21,148 21,135 Mil. NZD, SA Quarterly
Net Exports 2019 Q1 -93 -61 Mil. NZD, SA Quarterly
Real Exports of Goods and Services 2019 Q1 18,626 18,119 Mil. Ch. 2009/2010 NZD, SA Quarterly
Real Imports of Goods and Services 2019 Q1 21,552 21,405 Mil. Ch. 2009/2010 NZD, SA Quarterly
Real Net Exports 2019 Q1 -2,926 -3,286 Mil. Ch. 2009/2010 NZD, SA Quarterly
Current Account Balance 2018 Q4 -2,471 -2,494 Mil. NZD, SA Quarterly

Release Information

Gross domestic product (GDP) describes the total value of goods and services produced in the New Zealand economy, including private and government expenditure, inventory changes, and international trade.  It is reported part of the quarterly System of National Accounts (NZSNA) published by Statistics NZ. The method SNA 2008 is applied.

Gross domestic product (GDP) is a core macroeconomic statistic that measures New Zealand’s economic performance. It is an important tool that helps a range of users, including policymakers, to understand and manage the New Zealand economy.

Figures are expressed in both production and expenditure approaches (but not the income approach).

Figures are available in both current (nominal) prices (table 17) and inflation-adjusted prices (table 3).  These are chain-linked and expressed in the average prices of the 2009/10 year, and are annually reweighted.  Unlike index numbers, these can show the relative size of each component.

Industries are currently organized by the Australian and New Zealand Standard Industrial Classification ANZSIC 2006.

Revisions to the previously published GDP series may be made each quarter and annum.  These include the release of additional data to replace estimates, revisions to source datasets (e.g. Balance of Payments and Retail Trade Survey), annual updates to weights, and methodological changes.

Sources and methods for the quarterly GDP (2008): http://www.stats.govt.nz/Publications/NationalAccounts/qtrly-gdp-sources-and-methods-2nd-edition.aspx

Technical notes are attached to each quarterly release of GDP statistics.  Here are the notes for the September 2009 quarter (2009:Q3) release: http://www.stats.govt.nz/browse_for_stats/economic_indicators/GDP/GrossDomesticProduct_HOTPSep09qtr/Technical%20Notes.aspx

For all Statistics NZ releases on GDP, please see: http://search.stats.govt.nz/search?w=*&af=ct2:Economicindicators_GrossDomesticProduct%20ct1:Economicindicators