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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202007

 1.  Overview the trade of NEW ZEALAND in goods current year until 202007

According to Dalian Infobank, in 202007NEW ZEALAND's exports and imports of goods amounted to 6383.3237 million, and were down 8.74% comparing with the same period of last year. Among these, exports were up 0.95% at 3285.9645 million, and imports were down 17.17% at 3097.3592 million. And the corresponding trade surplus was 188.6052 million and down 138.94%.

During the current year until 202007, NEW ZEALAND's total exports and imports of goods were 42986.4489 million and were down 10.52% comparing to the same period of last year. Among these, exports were 22816.1779 million and down 4.90%; imports were 20170.2709 million and down 16.13%. The total trade surplus was 2645.9070 million and down 4642.69%.

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 202007, NEW ZEALAND's imports and exports to five countries/territories were 10266.5331 million, 5339.1712 million, 4464.5836 million, 2578.8121 million, 1808.2788 million. These values correspond to 23.88%, 12.42%, 10.39%, 6.00%, 4.21% of NEW ZEALAND's imports and exports, and, respectively, were down 5.92%, down 11.45%, down 5.60%, down 16.26%, up 6.63% comparing to the same period of last year.

Current year until 202007, 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 202007, NEW ZEALAND's exports to these five countries/territories were 5868.1960 million, 2941.9284 million, 2453.3403 million, 1471.8609 million, 703.8462 million. These values correspond to 25.72%, 12.89%, 10.75%, 6.45%, 3.08% of NEW ZEALAND's exports and, respectively, were down 6.28%, down 10.28%, up 2.75%, up 1.23%, down 3.45% comparing with the same period of last year.

Current year until 202007, 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 202007, NEW ZEALAND's imports from these five countries/territories were 4398.3371 million, 2397.2428 million, 2011.2433 million, 1106.9512 million, 1104.4326 million. These values correspond to 21.81%, 11.89%, 9.97%, 5.49%, 5.48% of NEW ZEALAND's total imports and, respectively, were down 5.44%, down 12.84%, down 14.11%, down 31.90%, up 14.24% comparing with the same period of last year.

During the current year until 202007, the trade surplus of NEW ZEALAND was mainly from CHINA, AUSTRALIA, OTHER COUNTRIES, UNITED STATES, HONG KONG at 1469.8588 million, 544.6857 million, 474.9154 million, 442.0970 million, 395.2938 million, and down 8.71%, up 3.04%, down 3.72%, up 859.55%, down 20.46%. And the trade deficits were mainly from GERMANY, SOUTH KOREA, THAILAND, ITALY, UNITED ARAB EMIRATES at 570.3443 million, 400.5864 million, 393.9503 million, 343.7096 million, 204.7890 million, and down 44.89%, up 68.46%, down 37.43%, down 19.57%, down 67.51%.

Current year until 202007, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202007,  commodities with hs2 codes, 04, 02, 84, 87, 85, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 6518.0121 million, 3575.2028 million, 3538.4110 million, 2178.6405 million, 2142.2619 million, which were up 1.98%, down 0.12%, down 13.04%, down 36.14%, down 8.18% comparing with the same period of last year and account for 15.16%, 8.32%, 8.23%, 5.07%, 4.98% of NEW ZEALAND's total imports and exports.

During the current year until 202007, 04, 02, 08, 44, 19 were NEW ZEALAND's top five traded commodities, with total import and export values of 6391.4833 million, 3446.7759 million, 1787.0273 million, 1529.0668 million, 927.5640 million. These values correspond to 28.01%, 15.11%, 7.83%, 6.70%, 4.07% of NEW ZEALAND's total exports and, respectively, were up 2.16%, down 0.62%, up 6.95%, down 25.38%, up 4.56% comparing to the same period of last year.

During the current year until 202007, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 2968.8856 million, 2089.9910 million, 1898.8360 million, 1777.2185 million, 798.9872 million. These values correspond to 14.72%, 10.36%, 9.41%, 8.81%, 3.96% of NEW ZEALAND's total exports and, respectively, were down 12.11%, down 36.98%, down 33.65%, down 8.13%, down 7.46% comparing to the same period of last year.


2. Current year until 202007, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202007, NEW ZEALAND-China binational exports and imports of goods amounted to 10266.5331 million and were down 5.92% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 5868.1960 million and down 6.28%, imports from China to NEW ZEALAND were 4398.3371 million and down 5.44%. The total binational trade surplus was 1469.8588 million and down 8.71%.

During the urrent year until 202007, 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 1789.4000 million, 1193.6229 million, 928.6871 million, 851.9524 million, 834.2463 million and makes up 17.43%, 11.63%, 9.05%, 8.30%, 8.13% of the total binational imports and exports. These values were also up 10.02%, down 9.62%, down 26.10%, down 0.41%, down 2.12% comparing to the same period last year.

During the current year until 202007, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 1788.5206 million, 1193.6138 million, 898.3300 million, 379.0231 million, 325.4354 million. These values account for 30.48%, 20.34%, 15.31%, 6.46%, 5.55% of NEW ZEALAND's total exports and were up 10.01%, down 9.62%, down 26.30%, up 22.57%, down 10.12% comparing to the same period of last year.

During the current year until 202007, 84, 85, 39, 94, 61 were NEW ZEALAND's top five traded commodities importing from China , with import values of 835.2283 million, 826.0968 million, 250.7311 million, 234.4586 million, 192.6757 million. These values account for 18.99%, 18.78%, 5.70%, 5.33%, 4.38% of NEW ZEALAND's total imports and were up 0.95%, down 1.95%, up 5.70%, down 20.78%, down 23.87% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand