Although traditionally Japan would provide a huge percentage of these import products this year there was a decline from that market. New-zealand trade relationship with global countries based on partial data. New Zealand's major imports from China include: Electronics. We can also help with preparing concise briefings on the New Zealand economy and global economic issues. Accessed November 08, 2022. https://www.statista.com/statistics/436484/most-important-import-partners-of-new-zealand/, CIA. Learn more about how Statista can support your business. Oil is a major component to the running of the New Zealand economy and although the country has some oil reserves, their production has been dwindling over the years. To use individual functions (e.g., mark statistics as favourites, set 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. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal, Show sources information "New Zealand: Main import partners in 2019." 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. 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). Use Ask Statista Research Service, COVID-19 deaths worldwide as of October 24, 2022, by country and territory, COVID-19 cases worldwide as of October 24, 2022, by country or territory, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of October 24, 2022, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Oct. 23, 2022, by day. Goods made up 70% of New Zealand goods and services exports and were valued at $53.6 . Here is a list of our current partners. The countrys economy is built on very well developed free market trade and is the 53rd largest economy worldwide. All petroleum products make up the largest percentage of New Zealands imports and this included refined petroleum products. New Zealand Imports By Country - was last updated on Monday, October 31, 2022. 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. 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. The nation imports refined oil from Japan, Australia, the United States, Germany and China. Reporting period: 2002 - 2020 The U.S. goods and services trade deficit with New Zealand was $681 million in 2020. "Don't give me what you can't do, do what you can do very well and consistent, and that's a big key with . And now that New Zealand has received the go ahead to pursue the creation of technology thatll make New Zealand a world leader in low carbon aluminium, these exports are facing a bright future. In fact, vehicle and mechanical machinery imports make up New Zealands two highest importation expenses. That dollar amount represents a -2.4% drop compared to 2019. In 2019, the most important import partner for New Zealand was China with a share of 18 percent in . Clothing. Get your instant quote for more than 250K ocean freight ratesAlready have an account? Are you interested in testing our corporate solutions? Market Value: 19,351 (millions) Last Updated: June, 2019, Market Value: 22,600 (millions) Last Updated: June, 2019. Top trading partners (import sources) of New Zealand in 2020: China with a share of 22% (8.36 billion US$) 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$) . New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. March 29, 2022. . By value, the 15 major product categories listed below represent 79.5% of New Zealand's imports from mainland China. November month. Wool has always been the traditional export commodity of New Zealand. But even after stabilization this importation continued to thrive in large numbers. U.S. goods and services trade with New Zealand totaled an estimated $10.8 billion in 2020. The first table below shows top trading partners of New Zealand in terms of export sales (selling), including United States, Japan, and China. Machinery. Central banks want to fight inflation, but they still need to keep the financial system functioning. In fact . The country has exported over 100,000 tonnes of wool in 2019 so far. Malaysia: $1 billion (15.7%) . Goods exports rose $668 million (13 percent) to $5.9 billion. That cohort of major trade partners consumed almost two-thirds (63.6%) of New Zealand's world exports for 2021. The value of imports rose from September 2021, led by petrol. The top 1 import markets for Ceramic porcelain are 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. ", 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. Exports to all major trading partners rose, led by China. The 2010 NBL MVP Corey Williams has declared New Zealand Breakers import Dererk Pardon is "exceptional at his role". "Customs duties play an important role in your international shipment. Last published date: 2022-07-31. Exports were $5.0 billion; imports were $5.7 billion. 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. This statistic shows the most important import partners for New Zealand in 2019. HSN Code 69111000 : 69111000. "He's exceptional at his rolejust come in, do your job," Williams said on NBL Overtime. Profit from the additional features of your individual account. Based on the average exchange rate for 2021, the New Zealand dollar depreciated by -0.5% against the US dollar since 2017 but strengthened by 8.3% from 2020 to 2021. The New Zealand Customs Service website outlines the requirements expected by the importer, or Customs House Broker acting for the importer. 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. The United States is New Zealand's third most important trading partner after China and Australia, with whom New Zealand has Free Trade Agreements. Log in, China: US$14.1 billion (32.6% of New Zealands total exports), United Arab Emirates: $545.7 million (1.3%), Germany: -US$1.8 billion (country-specific trade deficit in 2021), China: US$2.4 billion (country-specific trade surplus in 2021), Australia and New Zealand Banking Group (financial services), Coats Group PLC (sewing supplies, zippers, fasteners), Kathmandu Holdings Limited (outdoor clothing, equipment), Mainfreight Limited (logistics, transportation), Nuplex Industries Limited (resins for decorative/industrial/protective coatings), Steel & Tube Holdings Limited (building materials), The a2 Milk Company Limited (dairy products). The importation of cars at the time allowed the population to own a decent car despite the financial strain on the economy. New Zealand 22%, China 16%, Singapore 13%, United States 10%, Australia 9%, South Korea 8%, Fiji 5% (2019) San Marino. 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. (New Zealand does not have a Free Trade Agreement with the United States.) The countrys main supplier of these equipment is the United States, EU and Australia. New Zealand's Top 5 Commodity Imports Crude Petroleum - $2.5 billion Refined Petroleum - $2.1 billion Aluminium Oxide - $296 million Rubber Tires - $256 million Iron Structures - $162 million New Zealand's Other Notable Imports Cars - $3.3 billion Delivery Trucks - $1.3 billion1 Broadcasting Equipment - $954 million Gas Turbines - $897 million The Chinese demand for these products has seen New Zealand experience a high demand for one of their leading export products. Overview In 2020, New Zealand was the number 48 economy in the world in terms of GDP (current US$), 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 ($5.92B), Sheep . China was New Zealand's top trading partner in 2019, Stats NZ said today. HSN Code 69120002 : 69120002. Currently, you are using a shared account. The terms of trade measures the changing volume of goods imports that can be funded by a fixed volume of exports. Top New Zealand Import Partners 2014. Overview In 2020, New Zealand was the number 48 economy in the world in terms of GDP (current US$), 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 ($5.92B), Sheep . We also do collaboration brews with the brewers, so keep an eye out for our one off Bad Decisions Collab Beers. Statista. Exchange rate: 1 NZ$ = 63 U.S. cents (as of May 2022). 2021 BDI PTE LTD, SINGAPORE Furniture. If you are an admin, please authenticate by logging in again. And we work with Statistics New Zealand on trade data. 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. 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. That is, most products are imported from these countries to New Zealand. HSN Code 69072100 : 69072100. New Zealand Major Exports 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. The Marsden point crude oil refinery in New Zealand produces 70% refined oil from the crude oil the country imports. New Zealand: Main import partners in 2019 [Graph]. We provide guidance on statistical analyses about New Zealand's merchandise trade, services trade and investment flows. In 1989 the wool export value peaked for New Zealand wool reaching $1.8 billion up from 70 million in the early 80s. Please check the Data Availability for coverage. New Zealand's most dominant import partners are China (20% of total imports), Australia (12%), the United States (12%), Japan (7%), Germany (5%), Thailand (4%), and South Korea (4%). New Zealand has forged long lasting import/export relationships with several countries globally. The 30% deficit is imported and some of their major refined oil product imports include aviation lubricants and gasoline. 2496 BOTTLE @ $ 3.480 USD PER BOTTLE ; OIL QTY. Exports and imports were up for all top trading partners. Although her trade and economic interests are closely aligned with those of Australia because of the Closer Economic Relations agreement between the two countries signed in 1983, the GDP of New Zealand is considered large for its population and land size. Documentation requirements for the import and export of goods into New Zealand are straightforward. New Zealand is currently our 47th largest goods trading partner with $7.4 billion in total (two way) goods trade . Electronic equipment: $1.7 billion. That is, most products are imported from these countries to New Zealand. Get full access to all features within our Corporate Solutions. The two goals may be conflicting. (4 percent) and aircraft, spacecraft (4 percent). What Are New Zealands Main Exports and Imports. Annually, New Zealands exports of aluminium are registered at $23 million to the United States alone. Goods trade. Chart. . U.S. aircraft and aircraft parts, agricultural machinery, medical and pharmaceutical . Its major import partners are: China (20 percent of total imports), Australia and the US (12 . In 2020, China's exports to New Zealand amounted to $8.4 billion or 22.5% of overall New Zealander imports. November 2021 monthly values are actual and compared with November 2020. 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). 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%) New Zealand's goods trade deficit narrowed in September to NZ$1.6 billion from a revised NZ$2.6 billion in August. statistic alerts) please log in with your personal account. 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. . The second lists top trade partners of New Zealand regarding import total (buying). New Zealand's healthcare system is largely publicly funded (approximately 85% of the total budget) and is free to New Zealand citizens. In the year ended December 2019, 23 percent of New Zealand's total goods and services exports and 16 percent of imports by value . 227 Results. Login, By submitting the form, you accept our privacy policy, An error occurred sending trying to register your data. The monthly trade balance was a deficit of $864 million. facts. New Zealand meat has been in demand for decades because of the best practices implemented during the rearing of the cattle. 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. This means that New Zealanders enjoy higher incomes and better quality of life to a large degree. Without imports New Zealanders would not have access to anything containing a computer chip - such as mobile phones, computers, and modern televisions. Exports surged from a year earlier, with dairy up 71% and wood and meat clocking sizeable increases. (March 29, 2022). Show publisher information Imports - partners. Trade figures correct as at December 2021: Source Statistics New Zealand Trade Dashboard. New Zealand imports from China are $16.26 billion, comprising $15.45 billion in goods and $800 million in services. Latest trade statistics. ; BOTTL ; E. RICE BRAN OIL PAMS 2000 ML EDIBLE OIL QTY. Annual International Trade Statistics by Country (HS02) Publication date: 2021-11-14. RICE BRAN OIL PAMS 2000 ML EDIBLE OIL QTY. Goods imports rose $1.8 billion (37 percent) to $6.7 billion. Its major import partners are: China, Australia and the US, Japan, Germany, Thailand and South Korea. Due to the funding model deployed in New Zealand (whereby the government . Please do not hesitate to contact me. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Aluminum: $996.2 million (2.3%) New Zealand's top 10 exports accounted for about three-quarters (75.5%) of the overall value of its global shipments. 3054 BOTTLE @ $ 3.480 USD PER BOTTLE ; OIL QTY. They import oil from Malaysia, Australia, Korea and Papua New Guinea, Saudi Arabia, Iraq, Nigeria, Russia and Indonesia. New Zealands imports of mechanical equipment and machinery in 2019 increased by 9.7%. The main destination for New Zealands aluminium is Japan which receives 60% of the export shipments annually. 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. Clear Filters. 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 and . Fastest-Growing New Zealand Import Countries Research Note: Import numbers rarely match the source exporters' stats. The United States is New Zealand's third largest trading partner after China and Australia, with whom New Zealand has Free Trade Agreements. New Zealand imports for this product category were $6.5 billion. However, her main trade partners are China, which takes 20% of her exports, Australia taking 18%, the European Union taking 12%, the United States which takes 11% and Japan taking 6%. New Zealand is the largest importer of Ceramic porcelain and accounts for 278 shipments. In the mid 1980s car assembly was a massive industry in the country with an assembly rate of almost 100,000 cars annually. Overview In 2020, New Zealand was the number 48 economy in the world in terms of GDP (current US$), 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 . 2 mins read. New Zealand has forged long lasting import/export relationships with several countries globally. 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%. Import declarations must be made electronically. Buying and selling are essential for any country to develop its economy and maintain good relations with other nations. Discover how to import or export from/to China, India, or Vietnam and avoid delays on your cargo. "New Zealand: Main Import Partners in 2019. Trade and Economic Research. 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. New Zealands main machine and equipment imports include vehicles, mechanical appliances, nuclear reactors, boilers, electrical equipment and aircraft and components. Germany 21%, Italy 13%, Poland 10%, France 7%, Spain 7%, Belgium 6%, Romania 6% (2019) Sao Tome and Principe. Mar 29, 2022. Download Sample Report The second lists top trade partners of New Zealand regarding import total (buying). and over 1Mio. New Zealand shipped another 12.4% worth of goods to North . Directly accessible data for 170 industries from 50 countries From a continental perspective, 61.4% of New Zealand's exports by value were delivered to Asian countries while 13.2% were sold to importers in Oceania led by Australia. CIA. New Zealand imports most of its Ceramic porcelain from Mexico, India and Germany. As per New Zealand import statistics data imports mainly vehicles, nuclear reactors, boilers, machinery and mechanical appliances, fuels, electrical machinery and equipment, plastics and aircraft, spacecraft. In 2018, New Zealand imports from the U.S. totaled US$4.4 billion and represented 10.6% of total imports. 1. Includes recommended Incoterms and shipment documents. The Meat Industry Association of New Zealand ensures that the farmers adhere to such codes to guarantee the market the best meat in the market. But when the nation began to restructure its economy, restrictions were removed and people could import used cars from Japan. Then you can access your favorite statistics via the star in the header. New Zealand also needs new FTA partners or it risks our exporters being disadvantaged. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q2 2022, Profit from additional features with an Employee Account. 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%). 2020 In 2020, major countries from which New Zealand Imported include China, Australia, United States, Japan and Korea, Rep. Country New Zealand Year/Range 2020 Trade Flow Import New Zealand Exports 2020 Please note the exports, imports and tariff data are based on reported data and not gap filled. They are kept in a clean environment, well fed with regular scheduled vet visits and the industry has a welfare code that applies to these animals. Ford, Mazda, Honda and Toyota are some of the brands that still dominate the new vehicle market in New Zealand but they are not volume sellers. Text alternative . 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. 03 March 2020, 10:45am. Although the country hasnt made the top list of aluminium exporting countries globally it comes just short with over $500 million worth of aluminium exports annually, worldwide. The export revenue for bovine and sheep meat from New Zealand reached a record $4 billion in 2019. The first table below shows top trading partners of New Zealand in terms of export sales (selling), including United States, Japan, and China. In, CIA. Latest 100 shipment information of New Zealand Oil import. With Chinese demand picking up, we expect the trade . In 2021, New Zealand imports from the U.S. totaled US$3.7 billion. Since 2017, China has been New Zealand's top trading partner, and from 2013 the second-largest trading partner. Please create an employee account to be able to mark statistics as favorites. The 10 countries below supplied 91.4% of that total. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook
University Of Miami Electives For International Students,
Flask Send_from_directory,
Hidden Icon Menu Not Showing Windows 11,
What Is The Punishment For First Degree Arson,
Monthly Truck Parking Near Paris,
Shooting In Auburn Wa Yesterday,
Spanish Penal Code Of 1870 Pdf,
Boqueria Dupont Happy Hour,