New Zealand's Trade Balance, the difference between the country's exports and imports, exploded by the largest level in its history as exports surged ahead. The NZ$858.0 million May figure greatly surpassed the previous month's number of a revised NZ$318.7 million and was nearly 4 times greater than the expected NZ$250.0 million. Export growth boosted the country's balance after advancing by NZ$310.0 million to NZ$3.96 billion. Imports continued to dwindle, now making it the 6th of 7 months in which it has fallen. Overall, the year-to-date metric continue to see the trade deficit narrow to only -NZ$3.04 billion.
