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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand Exports climbed to 8.62B in April 2026
FMPMonthlyReleased May 2026
New Zealand Exports climbed to 8.62B in April 2026, released May 2026, up 0.96B from March's 7.66B reading. The print exceeded the 7.8B consensus by 0.82B. Exports has now risen for 4 consecutive months. Over the past 3 months, Exports averaged 7.29B, vs 6.95B in the prior 3-month window. Exports is now the highest in 35 months.
Latest Release
8.62
Actual
7.8
Consensus
7.66
Previous
Median Absolute Error
±0.39 billion
across last 12 releases
Last Call
May 2026
Predicted: 7.81
Actual: 8.62
Error: -0.8
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| BTC/USD | ▼ Inverse | −0.45 | CRYPTO | Bearish BTC | → View |
| NZD/JPY | ▲ Direct | +0.32 | FOREX | Bullish NZD | → View |
| AUD/USD | ▲ Direct | +0.27 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▼ Inverse | −0.26 | FOREX | Bearish AUD | → View |
| NZD/USD | ▲ Direct | +0.25 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Exports (New Zealand) was reported at 8.62 billion in May 2026. This beat the market consensus of 7.80 billion by 0.82 billion. The reading rose from the previous value of 7.66 billion. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 6.85 billion, ranging from 5.82 billion to 8.62 billion across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 7.15 billion, up from the prior three at 7.05 billion. Volatility over the past year (σ 0.80 billion) is lower than the prior year (σ 1.19 billion). In May readings over the past 3 years, Exports has averaged 7.63 billion.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). A secondary relationship exists with NZD/JPY, positively correlated (Bullish NZD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.39 billion.
WHAT TO WATCH NEXT
The next release is scheduled for June 18, 2026. Same-country events in the next 14 days include GDP Growth Rate QoQ (Jun 17) and GDP Growth Rate YoY (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Exports - NZ
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About Exports — New Zealand
DEFINITION
Exports refer to the goods and services that a country produces and sells to other countries. This financial indicator is used to measure the strength of a country's economy and its international trade relationships. A high level of exports can indicate a healthy economy and a competitive market, while a decrease in exports may signal a decline in economic activity. This information is important for businesses, investors, and policymakers to make informed decisions about trade and economic policies.
WHY THIS INDICATOR MATTERS
Trade-balance and tariff data inform exchange-rate fundamentals and feed directly into GDP via the net-exports channel. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 8.62 M, consensus 7.8 M. Prior reading (Mar 2026): 7.94 M. Before that (Feb 2026): 6.63 M.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with BTC/USD (Bearish BTC, r=-0.45) — a useful reference for crypto-focused traders.