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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202101

 1.  Overview the trade of NEW ZEALAND in goods current year until 202101

According to Dalian Infobank, in 202101NEW ZEALAND's exports and imports of goods amounted to 6460.5085 million, and were up 0.51% comparing with the same period of last year. Among these, exports were down 2.52% at 3005.8712 million, and imports were up 3.30% at 3454.6373 million. And the corresponding trade deficit was 448.7661 million and up 72.07%.

During the current year until 202101, NEW ZEALAND's total exports and imports of goods were 6460.5085 million and were up 0.51% comparing to the same period of last year. Among these, exports were 3005.8712 million and down 2.52%; imports were 3454.6373 million and up 3.30%. The total trade deficit was 448.7661 million and up 72.07%.

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 202101, NEW ZEALAND's imports and exports to five countries/territories were 1772.1560 million, 782.3835 million, 574.9136 million, 350.5921 million, 245.7618 million. These values correspond to 27.43%, 12.11%, 8.90%, 5.43%, 3.80% of NEW ZEALAND's imports and exports, and, respectively, were up 13.02%, up 12.53%, down 9.29%, down 1.99%, up 13.01% comparing to the same period of last year.

Current year until 202101, 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 202101, NEW ZEALAND's exports to these five countries/territories were 927.1675 million, 408.7537 million, 291.6107 million, 146.6261 million, 90.2594 million. These values correspond to 30.85%, 13.60%, 9.70%, 4.88%, 3.00% of NEW ZEALAND's exports and, respectively, were up 11.48%, up 4.19%, down 8.59%, down 14.30%, up 12.23% comparing with the same period of last year.

Current year until 202101, 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 202101, NEW ZEALAND's imports from these five countries/territories were 844.9885 million, 373.6298 million, 283.3028 million, 203.9660 million, 171.4124 million. These values correspond to 24.46%, 10.82%, 8.20%, 5.90%, 4.96% of NEW ZEALAND's total imports and, respectively, were up 14.75%, up 23.34%, down 10.00%, up 9.30%, up 13.65% comparing with the same period of last year.

During the current year until 202101, the trade surplus of NEW ZEALAND was mainly from CHINA, AUSTRALIA, HONG KONG, PHILIPPINES, SAUDI ARABIA at 82.1790 million, 35.1239 million, 31.6811 million, 29.6480 million, 29.6430 million, and down 13.77%, down 60.70%, down 24.78%, down 40.47%, down 17.90%. And the trade deficits were mainly from GERMANY, THAILAND, ITALY, SOUTH KOREA, JAPAN at 132.4323 million, 96.5549 million, 75.7563 million, 65.2431 million, 57.3399 million, and up 20.42%, up 44.73%, up 23.39%, up 15.19%, up 269.29%.

Current year until 202101, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202101,  commodities with hs2 codes, 04, 84, 87, 02, 85, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 1058.5008 million, 550.8415 million, 490.0538 million, 484.6659 million, 383.4930 million, which were down 2.56%, down 6.86%, up 22.40%, down 10.14%, up 30.37% comparing with the same period of last year and account for 16.38%, 8.53%, 7.59%, 7.50%, 5.94% of NEW ZEALAND's total imports and exports.

During the current year until 202101, 04, 02, 44, 22, 35 were NEW ZEALAND's top five traded commodities, with total import and export values of 1042.0861 million, 465.0266 million, 228.7395 million, 106.4259 million, 82.9551 million. These values correspond to 34.67%, 15.47%, 7.61%, 3.54%, 2.76% of NEW ZEALAND's total exports and, respectively, were down 2.56%, down 10.65%, up 13.22%, up 1.80%, down 20.48% comparing to the same period of last year.

During the current year until 202101, 84, 87, 85, 27, 39 were NEW ZEALAND's top five traded commodities, with total import values of 480.7373 million, 469.4799 million, 337.0647 million, 249.4582 million, 146.2176 million. These values correspond to 13.92%, 13.59%, 9.76%, 7.22%, 4.23% of NEW ZEALAND's total exports and, respectively, were down 8.02%, up 20.60%, up 34.58%, down 47.57%, up 18.82% comparing to the same period of last year.


2. Current year until 202101, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202101, NEW ZEALAND-China binational exports and imports of goods amounted to 1772.1560 million and were up 13.02% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 927.1675 million and up 11.48%, imports from China to NEW ZEALAND were 844.9885 million and up 14.75%. The total binational trade surplus was 82.1790 million and down 13.77%.

During the urrent year until 202101, commodities with hs2 code, 04, 02, 85, 44, 84, were binational trade's top five traded commodities. They correspond to import and export values of 371.5796 million, 205.6198 million, 171.7473 million, 162.7744 million, 152.6307 million and makes up 20.97%, 11.60%, 9.69%, 9.19%, 8.61% of the total binational imports and exports. These values were also up 30.91%, down 2.08%, up 38.92%, up 22.40%, up 21.64% comparing to the same period last year.

During the current year until 202101, 04, 02, 44, 19, 03 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 371.4009 million, 205.6176 million, 155.0785 million, 26.5896 million, 21.5915 million. These values account for 40.06%, 22.18%, 16.73%, 2.87%, 2.33% of NEW ZEALAND's total exports and were up 30.89%, down 2.08%, up 22.60%, down 32.54%, down 31.13% comparing to the same period of last year.

During the current year until 202101, 85, 84, 94, 39, 87 were NEW ZEALAND's top five traded commodities importing from China , with import values of 169.9579 million, 150.5392 million, 56.9387 million, 47.2807 million, 36.9962 million. These values account for 20.11%, 17.82%, 6.74%, 5.60%, 4.38% of NEW ZEALAND's total imports and were up 38.27%, up 21.44%, up 14.37%, up 25.15%, up 129.32% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand