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NZ exports to EU jump 28% in first year of trade deal

May 16, 2025
The early entry into force of the New Zealand–European Union Free Trade Agreement (FTA) is already delivering strong results, with New Zealand's goods exports to the EU surging by 28% in the first year.

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NZ exports to EU jump 28% in first year of trade deal

EU generated €39.2 billion surplus in trade in agricultural products


EU generated €39.2 billion surplus in trade in agricultural products

May 16, 2025
In 2024, the EU exported €234.1 billion worth of agricultural products and imported €194.9 billion, generating a €39.2 billion surplus.

California is now world’s 4th-largest economy

April 25, 2025
Governor Gavin Newsom announced that California has officially overtaken Japan to become the world’s fourth-largest economy, according to newly released data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA).

Thailand's exports jump 17.8 pct to 3-year high in March

April 25, 2025
Thailand's exports rose for a ninth consecutive month in March, hitting the highest level in three years, driven by industrial shipments to key markets, official data showed on Thursday.

Turkish exports hit second highest March figure on record

April 11, 2025
Turkish exports last month hit their second-highest March figure on record, totaling $23.4 billion, up 3.2% from the same month last year, the country's trade minister announced.

EU hourly labour costs ranged from €11 to €55 in 2024

April 4, 2025
In 2024, the average hourly labour costs in the whole economy were estimated to be €33.5 in the EU and €37.3 in the euro area, up compared with €31.9 and €35.7, respectively, in 2023.

U.S. consumer confidence dropped sharply in February

February 28, 2025
The Conference Board Consumer Confidence Index declined by 7.0 points in February to 98.3 (1985=100). rnThe Present Situation Index—based on consumers’ assessment of current business and labor market conditions—fell 3.4 points to 136.5.

EU records trade surplus for 6 quarters in a row

February 21, 2025
In the final quarter of 2024, the EU exported more goods to non-EU countries than it imported, resulting in a trade surplus of €27.2 billion.

Brazil reaches second highest export value for January

February 21, 2025
Brazilian agriculture began 2025 with the opening of 24 markets, maintaining the pace of expansion seen last year.

U.S. becomes New Zealand's second largest export destination

January 31, 2025
The latest export statistics showed the United States had become the second largest export destination for New Zealand goods last year, with a total value of 9 billion NZ dollars, overtaking Australia but remaining behind China.
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