In 1989 the wool export value peaked for New Zealand wool reaching $1.8 billion up from 70 million in the early 80s. Annual International Trade Statistics by Country (HS02) Publication date: 2021-11-14. And we work with Statistics New Zealand on trade data. The importation of cars at the time allowed the population to own a decent car despite the financial strain on the economy. 03 March 2020, 10:45am. Imports in New Zealand averaged 1882.18 NZD Million from 1960 until 2022, reaching an all time high of 7920 NZD Million in August of 2022 and a record low of 37.85 NZD Million in April of 1962. . Germany 21%, Italy 13%, Poland 10%, France 7%, Spain 7%, Belgium 6%, Romania 6% (2019) Sao Tome and Principe. New Zealand is currently our 47th largest goods trading partner with $7.4 billion in total (two way) goods trade . The nation imports refined oil from Japan, Australia, the United States, Germany and China. and over 1Mio. Despite the dip in sales in the 1990s there has been a rebirth for the exportation of New Zealand wool as technology and scientific advances make it a sustainable industry again. The annual budget is currently around $11.2 billion covering all items of expenditure including HR and property maintenance etc. The first table below shows top trading partners of New Zealand in terms of export sales (selling), including United States, Japan, and China. The main destination for New Zealands aluminium is Japan which receives 60% of the export shipments annually. What Are New Zealands Main Exports and Imports. Please do not hesitate to contact me. Download Sample Report That dollar amount represents a -2.4% drop compared to 2019. November month. "He's exceptional at his rolejust come in, do your job," Williams said on NBL Overtime. Are you interested in testing our corporate solutions? Although traditionally Japan would provide a huge percentage of these import products this year there was a decline from that market. This means that New Zealanders enjoy higher incomes and better quality of life to a large degree. New Zealand Imports By Country - was last updated on Monday, October 31, 2022. That is, most products are imported from these countries to New Zealand. See also new zealand's top trading partners, new zealand's top 10 imports and top oceanian export countries research sources: Machinery (Nz$399 Million), Electrical Machinery (Nz$348 Million), Misc. New Zealand's major imports from China include: Electronics. Last published date: 2022-07-31. 1. Track top trading partner countries of New-zealand, These findings are based on global export import shipment database of Volza, it is the most up-to-date but partial information available on New-zealand's export import trade. New Zealand Partners We work directly with the breweries that we import, allowing us to be certain that the beers we bring you are as fresh as possible. In the year ended December 2019, 23 percent of New Zealand's total goods and services exports and 16 percent of imports by value . The 2010 NBL MVP Corey Williams has declared New Zealand Breakers import Dererk Pardon is "exceptional at his role". And now that New Zealand has received the go ahead to pursue the creation of technology thatll make New Zealand a world leader in low carbon aluminium, these exports are facing a bright future. Goods and services trade by country has information on imports and exports of goods and services by country to present a comprehensive view of economic trade between New Zealand and our main trading partners. Since 2017, China has been New Zealand's top trading partner, and from 2013 the second-largest trading partner. How they're determined and calculated varies from country to country", Klaus Lydsal, vice president of operations at iContainers, I'd like to get pricing alerts, new available routes, & relevant information from iContainers (optional). However, her main trade partners are China, which takes 20% of her exports, Australia taking 18%, the European Union taking 12%, the United States which takes 11% and Japan taking 6%. Statista. Latest 100 shipment information of New Zealand Oil import. 2496 BOTTLE @ $ 3.480 USD PER BOTTLE ; OIL QTY. And even these new cars are sourced from markets like Japan, Australia, Thailand, United States and the United Kingdom, shipped from overseas and distributed by freight transportation companies in New Zealand. With Chinese demand picking up, we expect the trade . New Zealand imports from China are $16.26 billion, comprising $15.45 billion in goods and $800 million in services. To use individual functions (e.g., mark statistics as favourites, set (March 29, 2022). The export revenue for bovine and sheep meat from New Zealand reached a record $4 billion in 2019. Exports were $5.0 billion; imports were $5.7 billion. The red meat industry in New Zealand is created by 14,000 commercial cattle, sheep and deer farms collaborating and partnering with major companies to produce red meat. 227 Results. The second lists top trade partners of New Zealand regarding import total (buying). The two goals may be conflicting. We provide guidance on statistical analyses about New Zealand's merchandise trade, services trade and investment flows. March 29, 2022. ", CIA, New Zealand: Main import partners in 2019 Statista, https://www.statista.com/statistics/436484/most-important-import-partners-of-new-zealand/ (last visited November 08, 2022), New Zealand: Main import partners in 2019, Crude birth rate in New Zealand 2010-2020, Life expectancy at birth in New Zealand 2020, Life expectancy at birth in New Zealand 2020, by gender, Median age of the population in New Zealand 2015, Gross domestic product (GDP) in New Zealand 2027, Gross domestic product (GDP) per capita in New Zealand 2027, Gross domestic product (GDP) growth rate in New Zealand 2027, New Zealand: Share in global GDP adjusted for PPP 2027, Distribution of gross domestic product (GDP) across economic sectors New Zealand 2019, Employment by economic sector in New Zealand 2019, National debt of New Zealand in relation to gross domestic product (GDP) 2027*, Ratio of military expenditure to gross domestic product (GDP) in New Zealand 2020, Ratio of government expenditure to gross domestic product (GDP) in New Zealand 2027, New Zealand's budget balance in relation to GDP 2027, COVID-19 cases worldwide as of November 8, 2022, by country or territory, New cases of COVID-19 worldwide from January 23, 2020 to November 7, 2022, by day, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Nov. 7, 2022, by day, COVID-19 deaths worldwide as of November 8, 2022, by country and territory, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of November 8, 2022, Value of U.S. agricultural imports from New Zealand 1990-2021, Trade deficits in New Zealand 2020, by product category, Leading domestic vacation destinations New Zealand 2018, Quarterly value of the services trade between the Netherlands and New Zealand 2016, Total number of wineries in New Zealand 2014-2021, Advertising revenue in New Zealand 2015-2017, Retail sales of the global direct selling industry in New Zealand 2013-2019, Ranking of countries with best drivers in Europe 2016, Import value of blueberries and cranberries into Norway 2011-2016, Main import partners of Sweden for edible oils and fats 2020, Import value of soybeans into Sweden 2008-2018, Import value of salt in Indonesia 2021, by country, Largest contributors to cost of living in Western Australia Q4 2020, Industry revenue of other legal services in Florida 2012-2024, Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. The New Zealand Customs Service website outlines the requirements expected by the importer, or Customs House Broker acting for the importer. New Zealands major imports and exports that contribute to its high GDP include: New Zealand doesnt assemble passenger cars any longer because tariff protection was removed and it became cheaper to import cars already assembled. Text alternative . (New Zealand does not have a Free Trade Agreement with the United States.) Goods imports from new zealand totaled $4.2 billion in 2020, up 2.3 percent ($95 million) from 2019, and up 52 percent from 2010. Exports to all major trading partners rose, led by China. Exports surged from a year earlier, with dairy up 71% and wood and meat clocking sizeable increases. A higher than expected figure should be seen as positive (bullish) for the NZD while a lower than expected figure should be seen as negative (bearish) for the NZD. Once the crude oil is imported New Zealand can refine it and process enough oil to cover the needs of the majority of the countrys domestic demand. In 2018, New Zealand imports from the U.S. totaled US$4.4 billion and represented 10.6% of total imports. "New Zealand: Main Import Partners in 2019. 2 mins read. But when the nation began to restructure its economy, restrictions were removed and people could import used cars from Japan. Top trading partners (import sources) of New Zealand in 2020: China with a share of 22% (8.36 billion US$) Australia with a share of 12% (4.48 billion US$) USA with a share of 9.67% (3.59 billion US$) Japan with a share of 5.67% (2.1 billion US$) Korea with a share of 4.86% (1.8 billion US$) Germany with a share of 4.74% (1.76 billion US$) Get your instant quote for more than 250K ocean freight ratesAlready have an account? Please check the Data Availability for coverage. In fact . The value of imports rose from September 2021, led by petrol. New Zealand 22%, China 16%, Singapore 13%, United States 10%, Australia 9%, South Korea 8%, Fiji 5% (2019) San Marino. Import declarations must be made electronically. Reporting period: 2002 - 2020 However, her main trade partners are China, which takes 20% of her exports, Australia taking 18%, the European Union taking 12%, the United States which takes 11% and Japan taking 6%. by Flagpictures.org New Zealand's imports totaled US$49.5 billion in 2021, up by 23.3% since 2017 and accelerating by 33.6% from 2020 to 2021. Top New Zealand Import Partners 2014. November 2021 monthly values are actual and compared with November 2020. The most common import partners for New Zealand are China ($7.52B), Australia ($5.58B), United States ($2.93B), Japan ($1.87B), and South Korea ($1.64B). New Zealand is a huge consumer of crude oil and because its self sufficiency in oil production is only 17% of what they need, they have to import 97% the commodity. Explore Visualizations Market Growth Flow Imports View Geomap Period Fastest Growing Export Markets (2019 - 2020) United States $565M (+ 14.9%) Saudi Arabia $89.4M (+ 17.8%) "Customs duties play an important role in your international shipment. Exchange rate: 1 NZ$ = 63 U.S. cents (as of May 2022). Login, By submitting the form, you accept our privacy policy, An error occurred sending trying to register your data. Aluminum, both as a material and items made from aluminum, was the fastest grower among the top 10 export categories thanks to a 50.3% increase from 2020 to 2021. Malaysia: $1 billion (15.7%) . 3054 BOTTLE @ $ 3.480 USD PER BOTTLE ; OIL QTY. . New Zealands imports of mechanical equipment and machinery in 2019 increased by 9.7%. New Zealand imports for this product category were $6.5 billion. Exports and imports were up for all top trading partners. Its major import partners are: China (20 percent of total imports), Australia and the US (12 . Overview In 2020, New Zealand was the number 48 economy in the world in terms of GDP (current US$), the number 54 in total exports, the number 57 in total imports, the number 23 economy in terms of GDP per capita (current US$) and the number 46 most complex economy according to the Economic Complexity Index (ECI).. Exports The top exports of New Zealand are Concentrated Milk ($5.92B), Sheep . Merchandise Trade statistics data for New Zealand (NZL) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. CIA. Log in, Vehicles: US$7.2 billion (14.5% of total imports), Machinery including computers: $6.9 billion (14%), Electrical machinery, equipment: $4.4 billion (8.8%), Mineral fuels including oil: $3.9 billion (7.9%), Plastics, plastic articles: $2 billion (4.1%), Optical, technical, medical apparatus: $1.6 billion (3.3%), Articles of iron or steel: $1.2 billion (2.4%), Furniture, bedding, lighting, signs, prefabricated buildings: $1.1 billion (2.3%), Food industry waste, animal fodder: $975.2 million (2%), Cars: US$4.3 billion (up 74.4% from 2020), Automobile parts/accessories: $445.1 million (up 44.7%), Bicycles, other non-motorized cycles: $60.1 million (up 30.3%), Motorcycle parts/accessories: $56.7 million (up 38.7%), Special purpose vehicles: $49.5 million (up 62.5%), Public-transport vehicles: $43.3 million (up 98.1%), Computers, optical readers: US$1.1 billion (up 18.4% from 2020), Heavy machinery (bulldozers, excavators, road rollers): $477.8 million (up 99%), Air conditioners: $266.5 million (up 64%), Taps, valves, similar appliances: $238.9 million (up 31.6%), Refrigerators, freezers: $231 million (up 53.7%), Centrifuges, filters and purifiers: $224.4 million (up 41.8%), Harvest/threshing machinery: $208 million (up 59.6%), Pneumatic hand tool: $191.3 million (up 40.5%), Machinery parts: $189.6 million (up 29.1%), Phone devices including smartphones: US$1.3 billion (up 21.1% from 2020), TV receivers/monitors/projectors: $332.4 million (up 44.7%), Insulated wire/cable: $325.7 million (up 74.7%), Electric water heaters, hair dryers: $273.4 million (up 37.9%), Electrical converters/power units: $212.4 million (up 25.9%), Lower-voltage switches, fuses: $209.5 million (up 41.8%), Microphones/headphones/amplifiers: $197.6 million (up 25.1%), Electrical machinery: $140.9 million (up 56.5%), TV receiver/transmit/digital cameras: $126.5 million (up 12.4%), Electric storage batteries: $98.6 million (up 36.4%), Crude oil: US$1.9 billion (up 25.7% from 2020), Processed petroleum oils: $1.8 billion (up 20.9%), Petroleum oil residues: $117 million (up 85.5%), Petroleum gases: $37.8 million (up 150.4%), Asphalt/petroleum bitumen mixes: $13.3 million (down -29.4%), Petroleum jelly, mineral waxes: $7.6 million (up 19.3%), Coal, solid fuels made from coal: $7.5 million (up 26.8%), Natural bitumen, asphalt, shale: $1.1 million (down -34.2%), Coal tar oils (high temperature distillation): $496,000 (down -13.1%). 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