1. Overview the trade of NEW ZEALAND in goods current year until 202001
According to Dalian Infobank, in 202001, NEW ZEALAND's exports and imports of goods amounted to 6427.8520 million, and were down 3.15% comparing with the same period of last year. Among these, exports were up 2.92% at 3083.5247 million, and imports were down 8.14% at 3344.3273 million. And the corresponding trade deficit was 260.8026 million and down 59.55%.
During the current year until 202001, NEW ZEALAND's total exports and imports of goods were 6427.8520 million and were down 3.15% comparing to the same period of last year. Among these, exports were 3083.5247 million and up 2.92%; imports were 3344.3273 million and down 8.14%. The total trade deficit was 260.8026 million and down 59.55%.
If considering by country (region), CHINA, AUSTRALIA, UNITED STATES, JAPAN, UNITED ARAB EMIRATES were NEW ZEALAND's top five trading partners. During the current year until 202001, NEW ZEALAND's imports and exports to five countries/territories were 1568.0276 million, 695.2510 million, 633.7632 million, 357.6963 million, 327.2705 million. These values correspond to 24.39%, 10.82%, 9.86%, 5.56%, 5.09% of NEW ZEALAND's imports and exports, and, respectively, were up 7.39%, down 6.46%, up 1.43%, down 8.21%, up 90.14% comparing to the same period of last year.
Current year until 202001, NEW ZEALAND and the top five trade partners CHINA, AUSTRALIA, UNITED STATES, JAPAN, SOUTH KOREA are the top five countries/territories that NEW ZEALAND exports to in terms of the total export amount. During the current year until 202001, NEW ZEALAND's exports to these five countries/territories were 831.6632 million, 392.3135 million, 318.9968 million, 171.0846 million, 80.4203 million. These values correspond to 26.97%, 12.72%, 10.35%, 5.55%, 2.61% of NEW ZEALAND's exports and, respectively, were up 21.73%, down 4.64%, up 10.05%, up 16.94%, down 7.15% comparing with the same period of last year.
Current year until 202001, NEW ZEALAND's exports to top five countries/territories CHINA, UNITED STATES, AUSTRALIA, UNITED ARAB EMIRATES, JAPAN are the top five countries/territories that NEW ZEALAND imports from in terms of the total export amount. During the current year until 202001, NEW ZEALAND's imports from these five countries/territories were 736.3645 million, 314.7663 million, 302.9376 million, 260.2745 million, 186.6118 million. These values correspond to 22.02%, 9.41%, 9.06%, 7.78%, 5.58% of NEW ZEALAND's total imports and, respectively, were down 5.22%, down 6.03%, down 8.72%, up 119.48%, down 23.33% comparing with the same period of last year.
During the current year until 202001, the trade surplus of NEW ZEALAND was mainly from CHINA, AUSTRALIA, PHILIPPINES, HONG KONG, SAUDI ARABIA at 95.2987 million, 89.3759 million, 49.8006 million, 42.1188 million, 36.1038 million, and down 201.71%, up 12.42%, up 1.00%, down 6.58%, up 132.76%. And the trade deficits were mainly from UNITED ARAB EMIRATES, GERMANY, SINGAPORE, THAILAND, ITALY at 193.2785 million, 109.9739 million, 70.7356 million, 66.7160 million, 61.3948 million, and up 197.12%, down 18.34%, down 20.24%, up 62.82%, down 19.13%.
Current year until 202001, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202001, commodities with hs2 codes, 04, 84, 02, 27, 87, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 1086.2715 million, 591.4045 million, 539.3649 million, 511.7197 million, 400.3684 million, which were up 2.52%, down 1.19%, up 23.13%, down 3.55%, down 19.35% comparing with the same period of last year and account for 16.90%, 9.20%, 8.39%, 7.96%, 6.23% of NEW ZEALAND's total imports and exports.
During the current year until 202001, 04, 02, 44, 22, 35 were NEW ZEALAND's top five traded commodities, with total import and export values of 1069.5092 million, 520.4492 million, 202.0240 million, 104.5455 million, 104.3144 million. These values correspond to 34.68%, 16.88%, 6.55%, 3.39%, 3.38% of NEW ZEALAND's total exports and, respectively, were up 2.93%, up 23.10%, down 7.67%, up 13.82%, up 52.16% comparing to the same period of last year.
During the current year until 202001, 84, 27, 87, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 522.6670 million, 475.7959 million, 389.2953 million, 250.4529 million, 123.0567 million. These values correspond to 15.63%, 14.23%, 11.64%, 7.49%, 3.68% of NEW ZEALAND's total exports and, respectively, were down 0.90%, down 0.86%, down 20.19%, up 1.00%, down 10.30% comparing to the same period of last year.
2. Current year until 202001, NEW ZEALAND binational trade profile
According to Dalian Infobank, during the current year until 202001, NEW ZEALAND-China binational exports and imports of goods amounted to 1568.0276 million and were up 7.39% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 831.6632 million and up 21.73%, imports from China to NEW ZEALAND were 736.3645 million and down 5.22%. The total binational trade surplus was 95.2987 million and down 201.71%.
During the urrent year until 202001, commodities with hs2 code, 04, 02, 44, 84, 85, were binational trade's top five traded commodities. They correspond to import and export values of 283.8455 million, 209.9787 million, 132.9829 million, 125.4806 million, 123.6303 million and makes up 18.10%, 13.39%, 8.48%, 8.00%, 7.88% of the total binational imports and exports. These values were also up 44.19%, up 30.90%, up 0.64%, down 10.46%, up 2.78% comparing to the same period last year.
During the current year until 202001, 04, 02, 44, 19, 98 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 283.7537 million, 209.9787 million, 126.4900 million, 39.4171 million, 31.8263 million. These values account for 34.12%, 25.25%, 15.21%, 4.74%, 3.83% of NEW ZEALAND's total exports and were up 44.22%, up 30.91%, up 1.29%, up 62.96%, down 38.14% comparing to the same period of last year.
During the current year until 202001, 84, 85, 94, 61, 39 were NEW ZEALAND's top five traded commodities importing from China , with import values of 123.9567 million, 122.9204 million, 49.7839 million, 42.4913 million, 37.7789 million. These values account for 16.83%, 16.69%, 6.76%, 5.77%, 5.13% of NEW ZEALAND's total imports and were down 9.77%, up 3.21%, down 0.21%, down 5.40%, down 7.74% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Statistics New Zealand