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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202006

 1.  Overview the trade of NEW ZEALAND in goods current year until 202006

According to Dalian Infobank, in 202006NEW ZEALAND's exports and imports of goods amounted to 6227.8310 million, and were down 3.16% comparing with the same period of last year. Among these, exports were down 1.81% at 3265.7519 million, and imports were down 4.60% at 2962.0791 million. And the corresponding trade surplus was 303.6728 million and up 37.38%.

During the current year until 202006, NEW ZEALAND's total exports and imports of goods were 36603.1252 million and were down 10.82% comparing to the same period of last year. Among these, exports were 19530.2135 million and down 5.81%; imports were 17072.9117 million and down 15.94%. The total trade surplus was 2457.3018 million and up 476.67%.

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 202006, NEW ZEALAND's imports and exports to five countries/territories were 8616.5328 million, 4445.9140 million, 3800.1743 million, 2240.3994 million, 1613.2946 million. These values correspond to 23.54%, 12.15%, 10.38%, 6.12%, 4.41% of NEW ZEALAND's imports and exports, and, respectively, were down 7.69%, down 12.78%, down 6.89%, down 14.00%, up 9.64% comparing to the same period of last year.

Current year until 202006, 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 202006, NEW ZEALAND's exports to these five countries/territories were 5005.0812 million, 2462.4596 million, 2092.9329 million, 1286.0727 million, 594.6094 million. These values correspond to 25.63%, 12.61%, 10.72%, 6.59%, 3.04% of NEW ZEALAND's exports and, respectively, were down 7.13%, down 12.52%, up 0.12%, up 2.59%, down 6.23% comparing with the same period of last year.

Current year until 202006, NEW ZEALAND's exports to top five countries/territories CHINA, AUSTRALIA, UNITED STATES, SOUTH KOREA, JAPAN are the top five countries/territories that NEW ZEALAND imports from in terms of the total export amount. During the current year until 202006, NEW ZEALAND's imports from these five countries/territories were 3611.4516 million, 1983.4543 million, 1707.2414 million, 1018.6853 million, 954.3267 million. These values correspond to 21.15%, 11.62%, 10.00%, 5.97%, 5.59% of NEW ZEALAND's total imports and, respectively, were down 8.44%, down 13.10%, down 14.25%, up 21.66%, down 29.39% comparing with the same period of last year.

During the current year until 202006, the trade surplus of NEW ZEALAND was mainly from CHINA, AUSTRALIA, UNITED STATES, OTHER COUNTRIES, HONG KONG at 1393.6295 million, 479.0053 million, 385.6915 million, 371.3195 million, 335.3592 million, and down 3.57%, down 10.02%, up 287.16%, down 7.48%, down 21.86%. And the trade deficits were mainly from GERMANY, SOUTH KOREA, THAILAND, ITALY, UNITED ARAB EMIRATES at 462.7946 million, 424.0759 million, 340.3661 million, 287.6789 million, 234.6338 million, and down 45.43%, up 108.66%, down 35.74%, down 20.56%, down 53.09%.

Current year until 202006, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202006,  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 5720.9476 million, 3157.5629 million, 2958.1207 million, 1934.0006 million, 1916.5842 million, which were up 3.60%, down 0.82%, down 13.60%, down 27.17%, down 33.70% comparing with the same period of last year and account for 15.63%, 8.63%, 8.08%, 5.28%, 5.24% of NEW ZEALAND's total imports and exports.

During the current year until 202006, 04, 02, 08, 44, 19 were NEW ZEALAND's top five traded commodities, with total import and export values of 5613.2753 million, 3048.4923 million, 1462.3753 million, 1243.2566 million, 801.0688 million. These values correspond to 28.74%, 15.61%, 7.49%, 6.37%, 4.10% of NEW ZEALAND's total exports and, respectively, were up 3.76%, down 1.36%, up 6.02%, down 30.60%, up 4.18% comparing to the same period of last year.

During the current year until 202006, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 2490.1074 million, 1845.9371 million, 1758.9066 million, 1456.7762 million, 680.3527 million. These values correspond to 14.59%, 10.81%, 10.30%, 8.53%, 3.98% of NEW ZEALAND's total exports and, respectively, were down 12.07%, down 34.26%, down 26.80%, down 10.87%, down 7.13% comparing to the same period of last year.


2. Current year until 202006, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202006, NEW ZEALAND-China binational exports and imports of goods amounted to 8616.5328 million and were down 7.69% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 5005.0812 million and down 7.13%, imports from China to NEW ZEALAND were 3611.4516 million and down 8.44%. The total binational trade surplus was 1393.6295 million and down 3.57%.

During the urrent year until 202006, 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 1559.9386 million, 1070.2421 million, 760.4051 million, 709.6968 million, 664.5050 million and makes up 18.10%, 12.42%, 8.82%, 8.24%, 7.71% of the total binational imports and exports. These values were also up 13.09%, down 7.78%, down 31.26%, down 2.28%, down 7.72% comparing to the same period last year.

During the current year until 202006, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 1559.3184 million, 1070.2329 million, 735.7074 million, 332.2163 million, 248.1064 million. These values account for 31.15%, 21.38%, 14.70%, 6.64%, 4.96% of NEW ZEALAND's total exports and were up 13.10%, down 7.78%, down 31.51%, up 24.36%, down 12.21% comparing to the same period of last year.

During the current year until 202006, 84, 85, 39, 94, 61 were NEW ZEALAND's top five traded commodities importing from China , with import values of 695.8306 million, 658.2205 million, 212.1670 million, 189.4664 million, 165.5861 million. These values account for 19.27%, 18.23%, 5.87%, 5.25%, 4.59% of NEW ZEALAND's total imports and were down 0.56%, down 7.48%, up 6.10%, down 22.99%, down 25.68% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand