New Zealand's trade balance surplus narrowed to NZ$129 million during the month of July, from a previous surplus by NZ$230 million in June that was revised to NZ$197 million, while expectations were referring to a deficit of NZ$100 million.

New Zealand's exports slid to NZ$3.72 billion in July from NZ$3.97 billion during the month of June, which was revised to NZ$3.95 billion, while the analyst's expectations estimated of NZ$3.85 billion.

Moreover, New Zealand's imports jumped to NZ$3.59 billion in July, compared with a previous NZ$3.74 billion, revised to NZ$3.75 billion, while analyst's expectations indicated to NZ$3.90 billion.