New Zealand June business confidence rises to 46.3% from 36.6% in previous ANZ survey.
New Zealand's business confidence index (BCI) has shown a notable improvement, rising to 46.3% in June 2025, up from 36.6% in the previous ANZ survey [NUMBER:2]. This positive trend is indicative of a growing optimism among New Zealand's business community, which is crucial for economic recovery and growth.
The recent trade surplus data provides a backdrop to this optimism. In May 2025, New Zealand posted a trade surplus of $1.235 billion, a significant improvement from the $54 million surplus recorded in the same month last year [NUMBER:1]. This surplus was driven by robust export growth, with key commodities such as milk powder, butter, cheese, fruit, meat, and precious metals seeing substantial increases in demand. Imports rose at a slower pace, with notable increases in ships and boats, fertilizers, and electrical machinery.
The economic data also reflects a broader trend of improving balance of trade. In April 2025, New Zealand recorded a trade surplus of $1.43 billion, and in March 2025, the surplus was $970 million, indicating a consistent trend of positive trade balances [NUMBER:2]. These figures suggest a resilient economy that is well-positioned to weather global economic uncertainties.
Moreover, the expansion of Coro, a leading cybersecurity platform, into the ANZ region may contribute to the overall business confidence. Coro's entry into the market through a partnership with Bluechip Infotech could provide SMBs with advanced cybersecurity solutions, thereby enhancing their operational efficiency and resilience [NUMBER:3].
In conclusion, the rising business confidence in New Zealand is a positive sign of economic recovery. The combination of robust trade performance and strategic expansions in critical sectors like cybersecurity underscores the country's resilience and growth potential.
References:
[1] https://www.tradingview.com/news/te_news:465341:0-new-zealand-logs-trade-surplus-in-may/
[2] https://tradingeconomics.com/new-zealand/balance-of-trade
[3] https://www.morningstar.com/news/business-wire/20250626388285/coro-expands-its-footprint-into-australia-and-new-zealand
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