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New Zealand Trade Summary

1998

New Zealand exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR NEW ZEALAND 1998

Overall Exports and Imports for New Zealand 1998

Exports and imports of New Zealand in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 12,088 million.
  • The total value of imports (CIF) was 11,335 million.
  • At the HS6 digit level, 3,926 products were exported to 183 countries and 4,544 products were imported from 153 countries.

New Zealand top 5 Export and Import partners 1998

Top five countries to which New Zealand exported in 1998 are below, along with the percent of total exports that went to that country:

  1. New Zealand exports to Australia worth US$ 2,537 million, with a partner share of 20.99 percent.
  2. New Zealand exports to Japan worth US$ 1,588 million, with a partner share of 13.13 percent.
  3. New Zealand exports to United States worth US$ 1,570 million, with a partner share of 12.99 percent.
  4. New Zealand exports to United Kingdom worth US$ 715 million, with a partner share of 5.91 percent.
  5. New Zealand exports to Korea, Rep. worth US$ 388 million, with a partner share of 3.21 percent.

Top five countries from which New Zealand imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. New Zealand imports from Australia worth US$ 2,447 million, with a partner share of 21.58 percent.
  2. New Zealand imports from United States worth US$ 2,210 million, with a partner share of 19.50 percent.
  3. New Zealand imports from Japan worth US$ 1,342 million, with a partner share of 11.84 percent.
  4. New Zealand imports from China worth US$ 589 million, with a partner share of 5.20 percent.
  5. New Zealand imports from United Kingdom worth US$ 548 million, with a partner share of 4.83 percent.

New Zealand Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by New Zealand along with trade value are:

  1. New Zealand exported Milk and cream in solid forms of >1.5% fat, uns , worth US$ 615,577.54 million.
  2. New Zealand exported Butter and other fats and oils derived from mil , worth US$ 576,168.64 million.
  3. New Zealand exported Frozen boneless bovine meat , worth US$ 531,980.00 million.
  4. New Zealand exported Cheese, nes , worth US$ 413,106.27 million.
  5. New Zealand exported Frozen unboned meat of sheep , worth US$ 411,628.32 million.

The top five imported HS 6 digit level products from world by New Zealand along with trade value are

  1. New Zealand imported Automobiles with reciprocating piston engine di , worth US$ 588,734.34 million.
  2. New Zealand imported Petroleum oils and oils obtained from bituminou , worth US$ 482,553.06 million.
  3. New Zealand imported Aircraft nes of an unladen weight exceeding 15, , worth US$ 406,519.49 million.
  4. New Zealand imported Other medicaments of mixed or unmixed products, , worth US$ 210,966.85 million.
  5. New Zealand imported Automobiles with reciprocating piston engine di , worth US$ 193,158.78 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by New Zealand in 1998 are below

  • The maximum rate of tariff in percentage on any product was 1,034.89 percent.
  • The simple average tariff across all products was 4.80 percent.
  • The trade weighted average tariff was 3.57 .
  • The total duty free imports in thousands of US dollars were 6,085,082.97 and duty free tariff line items share was 48.54 percent.

Development Indicators 1998

Key Development Indicators of New Zealand in 1998 are below

  • New Zealand GDP in current US dollar was 56,227 million.
  • GNI per capita, Atlas method (current US$) was 15,790.00 .
  • New Zealand Trade balance: as % of GDP was 1.34.
  • Trade balance in current US$ was 753.00 million.
  • Trade as percentage of GDP was 57.90 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 1998

Trade Indicators for New Zealand in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 4.83.
  • World Growth in percentage was -0.47 and New Zealand Country Growth was -4.35 .