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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202104

 1.  Overview the trade of NEW ZEALAND in goods current year until 202104

According to Dalian Infobank, in 202104NEW ZEALAND's exports and imports of goods amounted to 7493.1908 million, and were up 31.91% comparing with the same period of last year. Among these, exports were up 19.43% at 3887.1288 million, and imports were up 48.66% at 3606.0620 million. And the corresponding trade surplus was 281.0668 million and down 66.10%.

During the current year until 202104, NEW ZEALAND's total exports and imports of goods were 28352.5328 million and were up 15.83% comparing to the same period of last year. Among these, exports were 14163.2304 million and up 9.67%; imports were 14189.3024 million and up 22.72%. The total trade deficit was 26.0720 million and down 101.93%.

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 202104, NEW ZEALAND's imports and exports to five countries/territories were 7948.7810 million, 3300.2602 million, 2689.3832 million, 1670.7980 million, 1084.5456 million. These values correspond to 28.04%, 11.64%, 9.49%, 5.89%, 3.83% of NEW ZEALAND's imports and exports, and, respectively, were up 44.43%, up 14.18%, up 3.46%, up 8.76%, up 17.33% comparing to the same period of last year.

Current year until 202104, 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 202104, NEW ZEALAND's exports to these five countries/territories were 4565.2617 million, 1712.1162 million, 1453.7767 million, 726.6126 million, 418.8808 million. These values correspond to 32.23%, 12.09%, 10.26%, 5.13%, 2.96% of NEW ZEALAND's exports and, respectively, were up 41.43%, up 6.48%, up 5.43%, down 11.64%, up 13.23% comparing with the same period of last year.

Current year until 202104, NEW ZEALAND's exports to top five countries/territories CHINA, AUSTRALIA, UNITED STATES, JAPAN, THAILAND are the top five countries/territories that NEW ZEALAND imports from in terms of the total export amount. During the current year until 202104, NEW ZEALAND's imports from these five countries/territories were 3383.5193 million, 1588.1440 million, 1235.6065 million, 944.1854 million, 686.5620 million. These values correspond to 23.85%, 11.19%, 8.71%, 6.65%, 4.84% of NEW ZEALAND's total imports and, respectively, were up 48.69%, up 23.84%, up 1.23%, up 32.27%, up 30.55% comparing with the same period of last year.

During the current year until 202104, the trade surplus of NEW ZEALAND was mainly from CHINA, UNITED STATES, OTHER COUNTRIES, HONG KONG, PHILIPPINES at 1181.7423 million, 218.1702 million, 213.8406 million, 212.0422 million, 128.7761 million, and up 24.09%, up 37.80%, down 2.02%, down 2.23%, down 24.56%. And the trade deficits were mainly from GERMANY, THAILAND, ITALY, SOUTH KOREA, JAPAN at 468.8272 million, 453.8243 million, 291.0150 million, 246.7840 million, 217.5728 million, and up 47.55%, up 62.74%, up 45.51%, up 33.79%, down 300.48%.

Current year until 202104, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202104,  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 4108.9228 million, 2379.9738 million, 2323.7358 million, 2241.0655 million, 1511.2732 million, which were up 2.59%, up 16.41%, up 6.86%, up 52.28%, up 39.03% comparing with the same period of last year and account for 14.49%, 8.39%, 8.20%, 7.90%, 5.33% of NEW ZEALAND's total imports and exports.

During the current year until 202104, 04, 02, 44, 08, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 4044.7778 million, 2251.8313 million, 1245.5586 million, 759.8209 million, 462.4816 million. These values correspond to 28.56%, 15.90%, 8.79%, 5.36%, 3.27% of NEW ZEALAND's total exports and, respectively, were up 2.69%, up 7.01%, up 79.60%, down 0.84%, down 1.38% comparing to the same period of last year.

During the current year until 202104, 87, 84, 85, 27, 39 were NEW ZEALAND's top five traded commodities, with total import values of 2162.1375 million, 2003.0487 million, 1279.1294 million, 1055.2988 million, 589.0773 million. These values correspond to 15.24%, 14.12%, 9.01%, 7.44%, 4.15% of NEW ZEALAND's total exports and, respectively, were up 51.11%, up 14.43%, up 41.68%, down 24.71%, up 36.54% comparing to the same period of last year.


2. Current year until 202104, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202104, NEW ZEALAND-China binational exports and imports of goods amounted to 7948.7810 million and were up 44.43% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 4565.2617 million and up 41.43%, imports from China to NEW ZEALAND were 3383.5193 million and up 48.69%. The total binational trade surplus was 1181.7423 million and up 24.09%.

During the urrent year until 202104, 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 1528.2117 million, 1000.7217 million, 871.7784 million, 627.9277 million, 621.4284 million and makes up 19.23%, 12.59%, 10.97%, 7.90%, 7.82% of the total binational imports and exports. These values were also up 41.03%, up 46.43%, up 115.24%, up 37.79%, up 54.45% comparing to the same period last year.

During the current year until 202104, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 1527.7872 million, 1000.7194 million, 845.2065 million, 221.5310 million, 161.4660 million. These values account for 33.47%, 21.92%, 18.51%, 4.85%, 3.54% of NEW ZEALAND's total exports and were up 41.05%, up 46.43%, up 116.98%, down 1.08%, up 8.00% comparing to the same period of last year.

During the current year until 202104, 85, 84, 94, 39, 61 were NEW ZEALAND's top five traded commodities importing from China , with import values of 615.6125 million, 614.3943 million, 215.0566 million, 176.5298 million, 174.6498 million. These values account for 18.19%, 18.16%, 6.36%, 5.22%, 5.16% of NEW ZEALAND's total imports and were up 54.35%, up 37.15%, up 77.31%, up 47.36%, up 43.07% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand