Although traditionally Japan would provide a huge percentage of these import products this year there was a decline from that market. 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. The two goals may be conflicting. 2496 BOTTLE @ $ 3.480 USD PER BOTTLE ; OIL QTY. Central banks want to fight inflation, but they still need to keep the financial system functioning. Here is a list of our current partners. Exports to all major trading partners rose, led by China. This means that New Zealanders enjoy higher incomes and better quality of life to a large degree. We also do collaboration brews with the brewers, so keep an eye out for our one off Bad Decisions Collab Beers. 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 . In 2020, China's exports to New Zealand amounted to $8.4 billion or 22.5% of overall New Zealander imports. Clear Filters. (March 29, 2022). Trade and Economic Research. We provide guidance on statistical analyses about New Zealand's merchandise trade, services trade and investment flows. "He's exceptional at his rolejust come in, do your job," Williams said on NBL Overtime. The countrys main supplier of these equipment is the United States, EU and Australia. Learn more about how Statista can support your business. Exports and imports were up for all top trading partners. Germany 21%, Italy 13%, Poland 10%, France 7%, Spain 7%, Belgium 6%, Romania 6% (2019) Sao Tome and Principe. 3054 BOTTLE @ $ 3.480 USD PER BOTTLE ; OIL QTY. 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 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). Are you interested in testing our corporate solutions? 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. What Are New Zealands Main Exports and Imports. (4 percent) and aircraft, spacecraft (4 percent). 2021 BDI PTE LTD, SINGAPORE 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. Exports were $5.0 billion; imports were $5.7 billion. U.S. goods and services trade with New Zealand totaled an estimated $10.8 billion in 2020. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal, Show sources information Furniture. New Zealands imports of mechanical equipment and machinery in 2019 increased by 9.7%. . 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 export revenue for bovine and sheep meat from New Zealand reached a record $4 billion in 2019. Reporting period: 2002 - 2020 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. U.S. aircraft and aircraft parts, agricultural machinery, medical and pharmaceutical . 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 New Zealand: Main import partners in 2019 [Graph]. The United States is New Zealand's third largest trading partner after China and Australia, with whom New Zealand has Free Trade Agreements. Machinery. 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. In 2019, the most important import partner for New Zealand was China with a share of 18 percent in . ; BOTTL ; E. RICE BRAN OIL PAMS 2000 ML EDIBLE OIL QTY. Statista. New Zealands main machine and equipment imports include vehicles, mechanical appliances, nuclear reactors, boilers, electrical equipment and aircraft and components. This statistic shows the most important import partners for New Zealand in 2019. 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 U.S. goods and services trade deficit with New Zealand was $681 million in 2020. The main destination for New Zealands aluminium is Japan which receives 60% of the export shipments annually. facts. Merchandise Trade statistics data for New Zealand (NZL) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. New Zealand also needs new FTA partners or it risks our exporters being disadvantaged. Text alternative . The 10 countries below supplied 91.4% of that total. March 29, 2022. The red meat industry in New Zealand is created by 14,000 commercial cattle, sheep and deer farms collaborating and partnering with major companies to produce red meat. Documentation requirements for the import and export of goods into New Zealand are straightforward. Ford, Mazda, Honda and Toyota are some of the brands that still dominate the new vehicle market in New Zealand but they are not volume sellers. Due to the funding model deployed in New Zealand (whereby the government . Its major import partners are: China (20 percent of total imports), Australia and the US (12 . The first table below shows top trading partners of New Zealand in terms of export sales (selling), including United States, Japan, and China. Overview In 2020, New Zealand was the number 48 economy in the world in terms of GDP (current US$), 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 . New Zealand's goods trade deficit narrowed in September to NZ$1.6 billion from a revised NZ$2.6 billion in August. They import oil from Malaysia, Australia, Korea and Papua New Guinea, Saudi Arabia, Iraq, Nigeria, Russia and Indonesia. New Zealand imports from China are $16.26 billion, comprising $15.45 billion in goods and $800 million in services. New-zealand trade relationship with global countries based on partial data. In 2021, New Zealand imports from the U.S. totaled US$3.7 billion. 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. Electronic equipment: $1.7 billion. Malaysia: $1 billion (15.7%) . Annual International Trade Statistics by Country (HS02) Publication date: 2021-11-14. "New Zealand: Main import partners in 2019." Overview In 2020, New Zealand was the number 48 economy in the world in terms of GDP (current US$), 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 . 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. Please check the Data Availability for coverage. RICE BRAN OIL PAMS 2000 ML EDIBLE OIL QTY. 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. Annually, New Zealands exports of aluminium are registered at $23 million to the United States alone. 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 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%).
Frank Body Glycolic Body Scrub, Polar Park Food Truck, Simple Calendar Fullcalendar, Salem, Ma Events Calendar, Rough Rider Kevin Murphy, Difference Between Glock Made In Usa And Austria, Does Stainless Steel Rust Or Tarnish, Atlantic Canada Tours, Famous Birthdays January 20, Lego Jedi Starfighter With Hyperdrive Instructions, Community Resources For Anxiety Near Me, Kalyan Weekly Fix Open To Close,