1. Overview the trade of NEW ZEALAND in goods current year until 202008
According to Dalian Infobank, in 202008, NEW ZEALAND's exports and imports of goods amounted to 6177.9302 million, and were down 0.27% comparing with the same period of last year. Among these, exports were up 15.27% at 2970.2384 million, and imports were down 11.34% at 3207.6918 million. And the corresponding trade deficit was 237.4534 million and down 77.20%.
During the current year until 202008, NEW ZEALAND's total exports and imports of goods were 49164.3791 million and were down 9.35% comparing to the same period of last year. Among these, exports were 25786.4163 million and down 2.94%; imports were 23377.9627 million and down 15.50%. The total trade surplus was 2408.4536 million and down 319.04%.
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 202008, NEW ZEALAND's imports and exports to five countries/territories were 11728.5810 million, 6241.6050 million, 5190.0195 million, 2906.3784 million, 2062.8512 million. These values correspond to 23.86%, 12.70%, 10.56%, 5.91%, 4.20% of NEW ZEALAND's imports and exports, and, respectively, were down 4.28%, down 10.48%, down 2.68%, down 16.31%, up 9.52% comparing to the same period of last year.
Current year until 202008, 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 202008, NEW ZEALAND's exports to these five countries/territories were 6614.3442 million, 3428.2165 million, 2876.9638 million, 1637.1956 million, 790.1456 million. These values correspond to 25.65%, 13.29%, 11.16%, 6.35%, 3.06% of NEW ZEALAND's exports and, respectively, were down 3.82%, down 9.16%, up 9.61%, up 0.25%, down 0.19% comparing with the same period of last year.
Current year until 202008, 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 202008, NEW ZEALAND's imports from these five countries/territories were 5114.2368 million, 2813.3885 million, 2313.0557 million, 1272.7055 million, 1269.1828 million. These values correspond to 21.88%, 12.03%, 9.89%, 5.44%, 5.43% of NEW ZEALAND's total imports and, respectively, were down 4.88%, down 12.04%, down 14.59%, up 16.56%, down 31.00% comparing with the same period of last year.
During the current year until 202008, the trade surplus of NEW ZEALAND was mainly from CHINA, AUSTRALIA, OTHER COUNTRIES, UNITED STATES, HONG KONG at 1500.1074 million, 614.8280 million, 575.7085 million, 563.9080 million, 448.9919 million, and down 0.03%, up 6.85%, down 2.04%, down 775.83%, down 18.81%. And the trade deficits were mainly from GERMANY, SOUTH KOREA, THAILAND, ITALY, SINGAPORE at 708.7567 million, 482.5599 million, 452.8605 million, 400.1394 million, 250.6258 million, and down 40.65%, up 60.71%, down 38.36%, down 18.66%, down 22.85%.
Current year until 202008, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202008, commodities with hs2 codes, 04, 84, 02, 87, 85, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 6973.3972 million, 4114.4908 million, 3890.5003 million, 2516.1176 million, 2514.5077 million, which were up 2.87%, down 12.47%, up 0.41%, down 35.60%, down 5.70% comparing with the same period of last year and account for 14.18%, 8.37%, 7.91%, 5.12%, 5.11% of NEW ZEALAND's total imports and exports.
During the current year until 202008, 04, 02, 08, 44, 19 were NEW ZEALAND's top five traded commodities, with total import and export values of 6825.7477 million, 3744.9577 million, 2103.8677 million, 1798.5739 million, 1068.6460 million. These values correspond to 26.47%, 14.52%, 8.16%, 6.97%, 4.14% of NEW ZEALAND's total exports and, respectively, were up 3.13%, up 0.06%, up 10.52%, down 21.64%, up 5.28% comparing to the same period of last year.
During the current year until 202008, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 3441.6094 million, 2410.7392 million, 2186.8287 million, 2092.3276 million, 920.0643 million. These values correspond to 14.72%, 10.31%, 9.35%, 8.95%, 3.94% of NEW ZEALAND's total exports and, respectively, were down 11.70%, down 36.47%, down 33.47%, down 5.47%, down 7.72% comparing to the same period of last year.
2. Current year until 202008, NEW ZEALAND binational trade profile
According to Dalian Infobank, during the current year until 202008, NEW ZEALAND-China binational exports and imports of goods amounted to 11728.5810 million and were down 4.28% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 6614.3442 million and down 3.82%, imports from China to NEW ZEALAND were 5114.2368 million and down 4.88%. The total binational trade surplus was 1500.1074 million and down 0.03%.
During the urrent year until 202008, 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 1929.1863 million, 1282.7229 million, 1083.6162 million, 987.7116 million, 981.5300 million and makes up 16.45%, 10.94%, 9.24%, 8.42%, 8.37% of the total binational imports and exports. These values were also up 10.85%, down 10.91%, down 22.24%, up 1.46%, up 0.28% comparing to the same period last year.
During the current year until 202008, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 1928.1902 million, 1282.7137 million, 1048.5200 million, 439.3006 million, 416.3906 million. These values account for 29.15%, 19.39%, 15.85%, 6.64%, 6.30% of NEW ZEALAND's total exports and were up 10.85%, down 10.91%, down 22.37%, up 25.25%, up 1.26% comparing to the same period of last year.
During the current year until 202008, 85, 84, 39, 94, 73 were NEW ZEALAND's top five traded commodities importing from China , with import values of 971.8266 million, 969.0302 million, 285.5141 million, 282.0827 million, 223.2078 million. These values account for 19.00%, 18.95%, 5.58%, 5.52%, 4.36% of NEW ZEALAND's total imports and were up 0.42%, up 2.64%, up 4.43%, down 19.34%, down 9.81% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Statistics New Zealand