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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202102

 1.  Overview the trade of NEW ZEALAND in goods current year until 202102

According to Dalian Infobank, in 202102NEW ZEALAND's exports and imports of goods amounted to 6455.8551 million, and were up 10.82% comparing with the same period of last year. Among these, exports were up 6.74% at 3294.6561 million, and imports were up 15.42% at 3161.1989 million. And the corresponding trade surplus was 133.4572 million and down 61.61%.

During the current year until 202102, NEW ZEALAND's total exports and imports of goods were 12916.3636 million and were up 5.41% comparing to the same period of last year. Among these, exports were 6300.5273 million and up 2.11%; imports were 6615.8363 million and up 8.76%. The total trade deficit was 315.3089 million and down 462.96%.

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 202102, NEW ZEALAND's imports and exports to five countries/territories were 3656.9935 million, 1575.2407 million, 1203.1557 million, 707.0108 million, 442.2436 million. These values correspond to 28.31%, 12.20%, 9.31%, 5.47%, 3.42% of NEW ZEALAND's imports and exports, and, respectively, were up 33.53%, up 6.42%, down 6.99%, up 4.65%, up 16.89% comparing to the same period of last year.

Current year until 202102, 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 202102, NEW ZEALAND's exports to these five countries/territories were 2010.0531 million, 807.9614 million, 655.4561 million, 297.7474 million, 161.5574 million. These values correspond to 31.90%, 12.82%, 10.40%, 4.73%, 2.56% of NEW ZEALAND's exports and, respectively, were up 31.66%, down 4.94%, down 1.04%, down 8.08%, up 0.21% comparing with the same period of last year.

Current year until 202102, 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 202102, NEW ZEALAND's imports from these five countries/territories were 1646.9404 million, 767.2793 million, 547.6996 million, 409.2634 million, 321.0502 million. These values correspond to 24.89%, 11.60%, 8.28%, 6.19%, 4.85% of NEW ZEALAND's total imports and, respectively, were up 35.90%, up 21.75%, down 13.24%, up 16.38%, up 5.46% comparing with the same period of last year.

During the current year until 202102, the trade surplus of NEW ZEALAND was mainly from CHINA, UNITED STATES, HONG KONG, PHILIPPINES, SRI LANKA at 363.1126 million, 107.7565 million, 77.7706 million, 62.6446 million, 48.3280 million, and up 15.31%, up 246.65%, up 6.17%, down 26.74%, down 10.95%. And the trade deficits were mainly from GERMANY, THAILAND, ITALY, SOUTH KOREA, JAPAN at 242.2615 million, 185.1119 million, 136.7931 million, 119.1288 million, 111.5160 million, and up 18.40%, up 34.59%, up 15.86%, up 113.12%, up 302.35%.

Current year until 202102, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202102,  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 2026.4467 million, 1091.7426 million, 1052.7024 million, 1019.1005 million, 715.6541 million, which were down 1.41%, up 2.12%, down 4.93%, up 33.05%, up 22.16% comparing with the same period of last year and account for 15.69%, 8.45%, 8.15%, 7.89%, 5.54% of NEW ZEALAND's total imports and exports.

During the current year until 202102, 04, 02, 44, 22, 19 were NEW ZEALAND's top five traded commodities, with total import and export values of 1995.1559 million, 1057.9630 million, 527.1604 million, 233.9009 million, 189.5612 million. These values correspond to 31.67%, 16.79%, 8.37%, 3.71%, 3.01% of NEW ZEALAND's total exports and, respectively, were down 1.46%, up 2.33%, up 30.93%, up 2.47%, down 10.97% comparing to the same period of last year.

During the current year until 202102, 87, 84, 85, 27, 39 were NEW ZEALAND's top five traded commodities, with total import values of 981.6306 million, 897.1527 million, 614.7004 million, 412.1183 million, 284.2557 million. These values correspond to 14.84%, 13.56%, 9.29%, 6.23%, 4.30% of NEW ZEALAND's total exports and, respectively, were up 32.09%, down 6.04%, up 25.81%, down 44.46%, up 30.96% comparing to the same period of last year.


2. Current year until 202102, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202102, NEW ZEALAND-China binational exports and imports of goods amounted to 3656.9935 million and were up 33.53% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 2010.0531 million and up 31.66%, imports from China to NEW ZEALAND were 1646.9404 million and up 35.90%. The total binational trade surplus was 363.1126 million and up 15.31%.

During the urrent year until 202102, commodities with hs2 code, 04, 02, 44, 85, 84, were binational trade's top five traded commodities. They correspond to import and export values of 723.9331 million, 470.1270 million, 371.0035 million, 307.0462 million, 296.4494 million and makes up 19.80%, 12.86%, 10.15%, 8.40%, 8.11% of the total binational imports and exports. These values were also up 32.07%, up 55.38%, up 48.95%, up 44.04%, up 40.90% comparing to the same period last year.

During the current year until 202102, 04, 02, 44, 19, 98 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 723.6618 million, 470.1247 million, 356.5921 million, 103.7714 million, 62.4925 million. These values account for 36.00%, 23.39%, 17.74%, 5.16%, 3.11% of NEW ZEALAND's total exports and were up 32.06%, up 55.38%, up 49.46%, up 16.56%, down 15.10% comparing to the same period of last year.

During the current year until 202102, 85, 84, 94, 39, 61 were NEW ZEALAND's top five traded commodities importing from China , with import values of 304.1411 million, 292.0143 million, 115.3033 million, 91.0039 million, 83.8288 million. These values account for 18.47%, 17.73%, 7.00%, 5.53%, 5.09% of NEW ZEALAND's total imports and were up 43.84%, up 41.28%, up 47.81%, up 51.80%, up 7.17% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand