Close

Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202004

 1.  Overview the trade of NEW ZEALAND in goods current year until 202004

According to Dalian Infobank, in 202004NEW ZEALAND's exports and imports of goods amounted to 5680.4211 million, and were down 19.67% comparing with the same period of last year. Among these, exports were down 10.98% at 3254.7640 million, and imports were down 28.98% at 2425.6571 million. And the corresponding trade surplus was 829.1069 million and up 244.37%.

During the current year until 202004, NEW ZEALAND's total exports and imports of goods were 24476.9257 million and were down 10.18% comparing to the same period of last year. Among these, exports were 12914.3486 million and down 5.53%; imports were 11562.5771 million and down 14.85%. The total trade surplus was 1351.7714 million and up 1382.44%.

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 202004, NEW ZEALAND's imports and exports to five countries/territories were 5503.5329 million, 2890.4355 million, 2599.3988 million, 1536.1675 million, 924.3300 million. These values correspond to 22.48%, 11.81%, 10.62%, 6.28%, 3.78% of NEW ZEALAND's imports and exports, and, respectively, were down 9.79%, down 13.89%, down 1.04%, down 6.87%, down 7.75% comparing to the same period of last year.

Current year until 202004, 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 202004, NEW ZEALAND's exports to these five countries/territories were 3227.9227 million, 1607.9858 million, 1378.8606 million, 822.3469 million, 369.9353 million. These values correspond to 24.99%, 12.45%, 10.68%, 6.37%, 2.86% of NEW ZEALAND's exports and, respectively, were down 7.18%, down 13.48%, up 3.25%, up 10.29%, down 10.80% comparing with the same period of last year.

Current year until 202004, NEW ZEALAND's exports to top five countries/territories CHINA, AUSTRALIA, UNITED STATES, JAPAN, SOUTH KOREA are the top five countries/territories that NEW ZEALAND imports from in terms of the total export amount. During the current year until 202004, NEW ZEALAND's imports from these five countries/territories were 2275.6102 million, 1282.4496 million, 1220.5383 million, 713.8206 million, 554.3947 million. These values correspond to 19.68%, 11.09%, 10.56%, 6.17%, 4.79% of NEW ZEALAND's total imports and, respectively, were down 13.25%, down 14.40%, down 5.47%, down 21.03%, down 5.60% comparing with the same period of last year.

During the current year until 202004, the trade surplus of NEW ZEALAND was mainly from CHINA, AUSTRALIA, OTHER COUNTRIES, HONG KONG, PHILIPPINES at 952.3125 million, 325.5362 million, 218.2426 million, 216.8717 million, 170.6889 million, and up 11.48%, down 9.69%, down 4.40%, down 20.30%, down 5.04%. And the trade deficits were mainly from GERMANY, THAILAND, UNITED ARAB EMIRATES, ITALY, SOUTH KOREA at 317.7311 million, 278.8593 million, 215.1991 million, 199.9940 million, 184.4594 million, and down 43.65%, down 16.23%, down 41.16%, down 22.34%, up 6.90%.

Current year until 202004, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202004,  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 4005.3120 million, 2174.6297 million, 2044.5069 million, 1538.2626 million, 1471.6282 million, which were up 4.02%, down 0.07%, down 9.79%, down 13.57%, down 23.87% comparing with the same period of last year and account for 16.36%, 8.88%, 8.35%, 6.28%, 6.01% of NEW ZEALAND's total imports and exports.

During the current year until 202004, 04, 02, 08, 44, 19 were NEW ZEALAND's top five traded commodities, with total import and export values of 3938.7435 million, 2104.2946 million, 766.2823 million, 693.5105 million, 533.2310 million. These values correspond to 30.50%, 16.29%, 5.93%, 5.37%, 4.13% of NEW ZEALAND's total exports and, respectively, were up 4.27%, down 0.45%, up 19.75%, down 41.34%, up 9.50% comparing to the same period of last year.

During the current year until 202004, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 1750.4888 million, 1430.8745 million, 1401.7282 million, 902.8529 million, 431.4191 million. These values correspond to 15.14%, 12.38%, 12.12%, 7.81%, 3.73% of NEW ZEALAND's total exports and, respectively, were down 7.09%, down 23.93%, down 11.89%, down 15.77%, down 11.90% comparing to the same period of last year.


2. Current year until 202004, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202004, NEW ZEALAND-China binational exports and imports of goods amounted to 5503.5329 million and were down 9.79% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 3227.9227 million and down 7.18%, imports from China to NEW ZEALAND were 2275.6102 million and down 13.25%. The total binational trade surplus was 952.3125 million and up 11.48%.

During the urrent year until 202004, commodities with hs2 code, 04, 02, 84, 44, 85, were binational trade's top five traded commodities. They correspond to import and export values of 1083.6154 million, 683.4259 million, 455.7013 million, 405.0300 million, 402.3572 million and makes up 19.69%, 12.42%, 8.28%, 7.36%, 7.31% of the total binational imports and exports. These values were also up 19.94%, down 11.84%, down 3.69%, down 44.61%, down 13.88% comparing to the same period last year.

During the current year until 202004, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 1083.1650 million, 683.4259 million, 389.5337 million, 223.9476 million, 149.5062 million. These values account for 33.56%, 21.17%, 12.07%, 6.94%, 4.63% of NEW ZEALAND's total exports and were up 19.94%, down 11.84%, down 45.03%, up 35.01%, up 15.14% comparing to the same period of last year.

During the current year until 202004, 84, 85, 61, 94, 39 were NEW ZEALAND's top five traded commodities importing from China , with import values of 447.9589 million, 398.8465 million, 122.0767 million, 121.2866 million, 119.7953 million. These values account for 19.69%, 17.53%, 5.36%, 5.33%, 5.26% of NEW ZEALAND's total imports and were down 2.38%, down 13.68%, down 25.79%, down 24.02%, down 8.41% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand