Overall Exports and Imports for New Zealand 2023
- The total value of exports (FOB) is US$ 42,124 million.
- The total value of imports (CIF) is US$ 50,459 million.
- At the HS6 digit level, 3,728 products are exported to 209 countries and 4,221 products are imported from 226 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by New Zealand along with trade value are:
- New Zealand exported Milk and cream in solid forms of >1.5% fat, uns , worth 4,519,639.34 (US$ Thousands).
- New Zealand exported Butter and other fats and oils derived from mil , worth 2,572,411.66 (US$ Thousands).
- New Zealand exported Frozen boneless bovine meat , worth 2,094,699.10 (US$ Thousands).
- New Zealand exported Untreated coniferous wood in the rough... , worth 1,991,441.50 (US$ Thousands).
- New Zealand exported Frozen unboned meat of sheep , worth 1,497,888.28 (US$ Thousands).
The top five imported HS 6 digit level products from world by New Zealand along with trade value are
- New Zealand imported Petroleum oils, etc, (excl. crude); preparation , worth 7,020,592.47 (US$ Thousands).
- New Zealand imported Automobiles nes including gas turbine powered , worth 1,976,994.10 (US$ Thousands).
- New Zealand imported Transmission apparatus, for radioteleph incorpo , worth 1,314,045.62 (US$ Thousands).
- New Zealand imported Automobiles with reciprocating piston engine di , worth 939,305.57 (US$ Thousands).
- New Zealand imported Parts of turbo-jets or turbo-propellers , worth 927,615.34 (US$ Thousands).
New Zealand top 5 Export and Import partners 2023
The top five countries to which New Zealand exported 2023 along with the partner share in percentage are:
- New Zealand exports to China worth US$ 11,311 million, with a partner share of 26.85 percent.
- New Zealand exports to Australia worth US$ 5,416 million, with a partner share of 12.86 percent.
- New Zealand exports to United States worth US$ 5,073 million, with a partner share of 12.04 percent.
- New Zealand exports to Japan worth US$ 2,329 million, with a partner share of 5.53 percent.
- New Zealand exports to Korea, Rep. worth US$ 1,461 million, with a partner share of 3.47 percent.
The top five countries to which New Zealand imported goods 2023 along with the share in percentage are
- New Zealand imports from China worth US$ 10,459 million, with a partner share of 20.73 percent.
- New Zealand imports from Australia worth US$ 5,454 million, with a partner share of 10.81 percent.
- New Zealand imports from United States worth US$ 4,898 million, with a partner share of 9.71 percent.
- New Zealand imports from Korea, Rep. worth US$ 3,792 million, with a partner share of 7.52 percent.
- New Zealand imports from Japan worth US$ 3,439 million, with a partner share of 6.82 percent.
New Zealand Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- New Zealand Raw materials exports are worth US$ 13,791 million, product share of 32.74%.
- New Zealand Raw materials imports are worth US$ 1,718 million, product share of 3.41%.
- New Zealand Intermediate goods exports are worth US$ 12,337 million, product share of 29.29%.
- New Zealand Intermediate goods imports are worth US$ 6,947 million, product share of 13.77%.
- New Zealand Consumer goods exports are worth US$ 11,413 million, product share of 27.09%.
- New Zealand Consumer goods imports are worth US$ 26,006 million, product share of 51.54%.
- New Zealand Capital goods exports are worth US$ 3,473 million, product share of 8.24%.
- New Zealand Capital goods imports are worth US$ 15,239 million, product share of 30.20%.
New Zealand Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.12.
- Index of export market penetration is 0.12.
- World Growth in percentage is 0.12 and New Zealand Country Growth is -4.03.
New Zealand Service Trade data from WDI 2023
- New Zealand, Service imports (BoP, current US$) is 18,441,149,061.18.
- New Zealand, Service exports (BoP, current US$) is 16,488,523,092.00.
- New Zealand, Imports of goods and services as percentage of GDP is 26.69 %.
- New Zealand, Exports of goods and services as percentage of GDP is 23.72 %.