New Zealand Exports Hit Record on Low Currency, High Commodities

New Zealand exporters had a bumper start to the year, buoyed by a lower currency and higher global prices for key commodities such as milk powder and meat.

Exports surged to a record NZ$20.6 billion ($12 billion) in the three months through March, Statistics New Zealand said Tuesday in Wellington. That’s a seasonally adjusted 11% jump from the fourth quarter and 19% more than the year-earlier period.

New Zealand is looking to lift overseas shipments to key markets such as China as international trade faces turmoil due to uncertainty over US tariff policies that threaten to slow global ...