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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202107

 1.  Overview the trade of NEW ZEALAND in goods current year until 202107

According to Dalian Infobank, in 202107NEW ZEALAND's exports and imports of goods amounted to 8347.9979 million, and were up 30.48% comparing with the same period of last year. Among these, exports were up 20.72% at 4033.1799 million, and imports were up 41.15% at 4314.8181 million. And the corresponding trade deficit was 281.6382 million and down 199.13%.

During the current year until 202107, NEW ZEALAND's total exports and imports of goods were 53051.9466 million and were up 23.37% comparing to the same period of last year. Among these, exports were 26648.2654 million and up 16.51%; imports were 26403.6812 million and up 31.17%. The total trade surplus was 244.5843 million and down 91.08%.

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 202107, NEW ZEALAND's imports and exports to five countries/territories were 14420.6883 million, 6183.8937 million, 5078.1433 million, 3254.2911 million, 2024.9577 million. These values correspond to 27.18%, 11.66%, 9.57%, 6.13%, 3.82% of NEW ZEALAND's imports and exports, and, respectively, were up 40.69%, up 15.96%, up 11.91%, up 26.10%, up 12.60% comparing to the same period of last year.

Current year until 202107, 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 202107, NEW ZEALAND's exports to these five countries/territories were 8333.4279 million, 3163.0688 million, 2726.1878 million, 1543.4106 million, 839.3875 million. These values correspond to 31.27%, 11.87%, 10.23%, 5.79%, 3.15% of NEW ZEALAND's exports and, respectively, were up 42.41%, up 7.74%, up 7.89%, up 4.72%, up 19.25% comparing with the same period of last year.

Current year until 202107, 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 202107, NEW ZEALAND's imports from these five countries/territories were 6087.2604 million, 3020.8249 million, 2351.9555 million, 1710.8804 million, 1305.4658 million. These values correspond to 23.05%, 11.44%, 8.91%, 6.48%, 4.94% of NEW ZEALAND's total imports and, respectively, were up 38.39%, up 26.03%, up 16.97%, up 54.57%, up 39.54% comparing with the same period of last year.

During the current year until 202107, the trade surplus of NEW ZEALAND was mainly from CHINA, OTHER COUNTRIES, HONG KONG, UNITED STATES, PHILIPPINES at 2246.1674 million, 540.7264 million, 444.9632 million, 374.2323 million, 241.3749 million, and up 54.58%, up 13.80%, up 11.83%, down 27.51%, down 13.52%. And the trade deficits were mainly from GERMANY, THAILAND, ITALY, UNITED ARAB EMIRATES, SOUTH KOREA at 940.0620 million, 770.4419 million, 514.8321 million, 453.7383 million, 346.1826 million, and up 68.82%, up 95.60%, up 49.87%, up 121.58%, down 11.36%.

Current year until 202107, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202107,  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 7461.1350 million, 4460.5596 million, 4240.8711 million, 4067.7094 million, 2776.9107 million, which were up 14.47%, up 26.63%, up 94.67%, up 13.78%, up 29.70% comparing with the same period of last year and account for 14.06%, 8.41%, 7.99%, 7.67%, 5.23% of NEW ZEALAND's total imports and exports.

During the current year until 202107, 04, 02, 44, 08, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 7341.7239 million, 3925.0383 million, 2434.0849 million, 1987.8477 million, 840.7902 million. These values correspond to 27.55%, 14.73%, 9.13%, 7.46%, 3.16% of NEW ZEALAND's total exports and, respectively, were up 14.87%, up 13.88%, up 59.19%, up 11.23%, up 6.20% comparing to the same period of last year.

During the current year until 202107, 87, 84, 85, 27, 39 were NEW ZEALAND's top five traded commodities, with total import values of 4106.5962 million, 3715.3535 million, 2330.4736 million, 2142.4638 million, 1072.3407 million. These values correspond to 15.55%, 14.07%, 8.83%, 8.11%, 4.06% of NEW ZEALAND's total exports and, respectively, were up 96.50%, up 25.82%, up 31.23%, up 14.16%, up 34.22% comparing to the same period of last year.


2. Current year until 202107, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202107, NEW ZEALAND-China binational exports and imports of goods amounted to 14420.6883 million and were up 40.69% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 8333.4279 million and up 42.41%, imports from China to NEW ZEALAND were 6087.2604 million and up 38.39%. The total binational trade surplus was 2246.1674 million and up 54.58%.

During the urrent year until 202107, commodities with hs2 code, 04, 44, 02, 84, 85, were binational trade's top five traded commodities. They correspond to import and export values of 2808.6487 million, 1704.7374 million, 1674.7434 million, 1154.7048 million, 1121.0169 million and makes up 19.48%, 11.82%, 11.61%, 8.01%, 7.77% of the total binational imports and exports. These values were also up 56.96%, up 83.56%, up 40.31%, up 35.53%, up 34.36% comparing to the same period last year.

During the current year until 202107, 04, 02, 44, 08, 19 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 2807.9790 million, 1674.7412 million, 1653.3932 million, 387.2698 million, 383.2785 million. These values account for 33.70%, 20.10%, 19.84%, 4.65%, 4.60% of NEW ZEALAND's total exports and were up 57.00%, up 40.31%, up 84.05%, up 19.00%, up 0.86% comparing to the same period of last year.

During the current year until 202107, 84, 85, 94, 87, 39 were NEW ZEALAND's top five traded commodities importing from China , with import values of 1122.2226 million, 1107.3753 million, 387.5462 million, 328.9938 million, 315.2576 million. These values account for 18.44%, 18.19%, 6.37%, 5.40%, 5.18% of NEW ZEALAND's total imports and were up 34.36%, up 34.04%, up 65.29%, up 255.81%, up 25.74% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand