1.  Overview the trade of NEW ZEALAND in goods current year until 202003

According to Dalian Infobank, in 202003, NEW ZEALAND's exports and imports of goods amounted to 6543.1797 million, and were down 6.93% comparing with the same period of last year. Among these, exports were down 8.04% at 3489.4866 million, and imports were down 5.62% at 3053.6931 million. And the corresponding trade surplus was 435.7935 million and down 22.07%.

During the current year until 202003, NEW ZEALAND's total exports and imports of goods were 18796.5046 million and were down 6.85% comparing to the same period of last year. Among these, exports were 9659.5846 million and down 3.54%; imports were 9136.9200 million and down 10.11%. The total trade surplus was 522.6646 million and down 449.43%.

If considering by country (region), CHINA, AUSTRALIA, UNITED STATES, JAPAN, SOUTH KOREA were NEW ZEALAND's top five trading partners. During the current year until 202003, NEW ZEALAND's imports and exports to five countries/territories were 4022.3154 million, 2269.8190 million, 2012.3471 million, 1117.6875 million, 709.3693 million. These values correspond to 21.40%, 12.08%, 10.71%, 5.95%, 3.77% of NEW ZEALAND's imports and exports, and, respectively, were down 11.07%, down 9.68%, up 2.46%, down 6.50%, down 0.98% comparing to the same period of last year.

Current year until 202003, NEW ZEALAND and the top five trade partners CHINA, AUSTRALIA, UNITED STATES, JAPAN, UNITED KINGDOM are the top five countries/territories that NEW ZEALAND exports to in terms of the total export amount. During the current year until 202003, NEW ZEALAND's exports to these five countries/territories were 2381.8998 million, 1293.1354 million, 1035.8995 million, 534.9992 million, 275.5120 million. These values correspond to 24.66%, 13.39%, 10.72%, 5.54%, 2.85% of NEW ZEALAND's exports and, respectively, were down 6.25%, down 8.46%, up 7.22%, up 6.74%, down 3.83% comparing with the same period of last year.

Current year until 202003, NEW ZEALAND's exports to top five countries/territories CHINA, AUSTRALIA, UNITED STATES, JAPAN, GERMANY are the top five countries/territories that NEW ZEALAND imports from in terms of the total export amount. During the current year until 202003, NEW ZEALAND's imports from these five countries/territories were 1640.4156 million, 976.6835 million, 976.4476 million, 582.6883 million, 447.7507 million. These values correspond to 17.95%, 10.69%, 10.69%, 6.38%, 4.90% of NEW ZEALAND's total imports and, respectively, were down 17.25%, down 11.24%, down 2.16%, down 16.05%, down 21.03% comparing with the same period of last year.

During the current year until 202003, the trade surplus of NEW ZEALAND was mainly from CHINA, AUSTRALIA, HONG KONG, PHILIPPINES, OTHER COUNTRIES at 741.4842 million, 316.4519 million, 147.3638 million, 124.9515 million, 103.8847 million, and up 32.79%, up 1.35%, down 24.05%, down 13.51%, down 10.67%. And the trade deficits were mainly from GERMANY, UNITED ARAB EMIRATES, THAILAND, ITALY, SOUTH KOREA at 276.0799 million, 245.4740 million, 223.5434 million, 162.5409 million, 159.7851 million, and down 30.50%, up 6.49%, up 14.62%, down 17.54%, up 1.14%.

Current year until 202003, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202003,  commodities with hs2 codes, 04, 02, 84, 27, 87, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 2996.6363 million, 1686.7507 million, 1637.5357 million, 1378.9149 million, 1197.3164 million, which were up 1.15%, up 2.19%, down 4.29%, up 5.28%, down 17.21% comparing with the same period of last year and account for 15.94%, 8.97%, 8.71%, 7.34%, 6.37% of NEW ZEALAND's total imports and exports.

During the current year until 202003, 04, 02, 44, 19, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 2946.7908 million, 1634.4414 million, 608.7065 million, 373.5321 million, 356.8544 million. These values correspond to 30.51%, 16.92%, 6.30%, 3.87%, 3.69% of NEW ZEALAND's total exports and, respectively, were up 1.55%, up 1.96%, down 31.26%, up 4.64%, up 1.97% comparing to the same period of last year.

During the current year until 202003, 84, 27, 87, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 1383.1580 million, 1265.6207 million, 1162.0059 million, 713.4524 million, 320.3560 million. These values correspond to 15.14%, 13.85%, 12.72%, 7.81%, 3.51% of NEW ZEALAND's total exports and, respectively, were down 3.13%, up 6.84%, down 17.39%, down 7.33%, down 12.46% comparing to the same period of last year.

2. Current year until 202003, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202003, NEW ZEALAND-China binational exports and imports of goods amounted to 4022.3154 million and were down 11.07% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 2381.8998 million and down 6.25%, imports from China to NEW ZEALAND were 1640.4156 million and down 17.25%. The total binational trade surplus was 741.4842 million and up 32.79%.

During the urrent year until 202003, 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 805.0810 million, 484.0446 million, 351.2559 million, 310.9364 million, 300.8402 million and makes up 20.02%, 12.03%, 8.73%, 7.73%, 7.48% of the total binational imports and exports. These values were also up 22.33%, down 17.93%, down 37.28%, down 10.36%, down 10.69% comparing to the same period last year.

During the current year until 202003, 04, 02, 44, 19, 98 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 804.8492 million, 484.0446 million, 338.8548 million, 165.4098 million, 105.2925 million. These values account for 33.79%, 20.32%, 14.23%, 6.94%, 4.42% of NEW ZEALAND's total exports and were up 22.35%, down 17.93%, down 37.58%, up 33.20%, down 32.86% comparing to the same period of last year.

During the current year until 202003, 84, 85, 61, 94, 39 were NEW ZEALAND's top five traded commodities importing from China , with import values of 304.2939 million, 297.7861 million, 96.9441 million, 93.7335 million, 80.4017 million. These values account for 18.55%, 18.15%, 5.91%, 5.71%, 4.90% of NEW ZEALAND's total imports and were down 10.34%, down 10.73%, down 23.40%, down 22.84%, down 16.93% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Statistics New Zealand