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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202108

 1.  Overview the trade of NEW ZEALAND in goods current year until 202108

According to Dalian Infobank, in 202108NEW ZEALAND's exports and imports of goods amounted to 7595.0073 million, and were up 24.18% comparing with the same period of last year. Among these, exports were up 3.02% at 3046.8864 million, and imports were up 43.98% at 4548.1209 million. And the corresponding trade deficit was 1501.2345 million and up 645.72%.

During the current year until 202108, NEW ZEALAND's total exports and imports of goods were 60655.3433 million and were up 23.49% comparing to the same period of last year. Among these, exports were 29709.6237 million and up 15.03%; imports were 30945.7196 million and up 32.88%. The total trade deficit was 1236.0959 million and down 148.66%.

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 202108, NEW ZEALAND's imports and exports to five countries/territories were 16314.2294 million, 7159.1790 million, 5832.5135 million, 3745.5622 million, 2339.2823 million. These values correspond to 26.90%, 11.80%, 9.62%, 6.18%, 3.86% of NEW ZEALAND's imports and exports, and, respectively, were up 39.47%, up 14.86%, up 10.83%, up 28.74%, up 13.84% comparing to the same period of last year.

Current year until 202108, 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 202108, NEW ZEALAND's exports to these five countries/territories were 9187.0484 million, 3621.7736 million, 3122.9264 million, 1726.9777 million, 930.5149 million. These values correspond to 30.92%, 12.19%, 10.51%, 5.81%, 3.13% of NEW ZEALAND's exports and, respectively, were up 39.51%, up 5.89%, up 5.84%, up 5.29%, up 17.75% comparing with the same period of last year.

Current year until 202108, 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 202108, NEW ZEALAND's imports from these five countries/territories were 7127.1809 million, 3537.4054 million, 2709.5872 million, 2018.5845 million, 1536.6677 million. These values correspond to 23.03%, 11.43%, 8.76%, 6.52%, 4.97% of NEW ZEALAND's total imports and, respectively, were up 39.41%, up 25.76%, up 17.19%, up 59.04%, up 37.94% comparing with the same period of last year.

During the current year until 202108, the trade surplus of NEW ZEALAND was mainly from CHINA, OTHER COUNTRIES, HONG KONG, UNITED STATES, PHILIPPINES at 2059.8675 million, 629.3455 million, 520.9117 million, 413.3392 million, 257.1867 million, and up 39.86%, up 9.24%, up 15.35%, down 35.26%, down 12.64%. And the trade deficits were mainly from GERMANY, THAILAND, ITALY, UNITED ARAB EMIRATES, SOUTH KOREA at 1139.6365 million, 902.6791 million, 630.0433 million, 611.0851 million, 478.2524 million, and up 63.93%, up 99.40%, up 57.57%, up 184.15%, up 0.79%.

Current year until 202108, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202108,  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 7929.6268 million, 5239.3805 million, 4878.4211 million, 4485.8865 million, 3222.9578 million, which were up 13.71%, up 27.85%, up 93.87%, up 15.30%, up 28.24% comparing with the same period of last year and account for 13.07%, 8.64%, 8.04%, 7.40%, 5.31% of NEW ZEALAND's total imports and exports.

During the current year until 202108, 04, 02, 44, 08, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 7793.5217 million, 4315.7821 million, 2764.4177 million, 2309.6460 million, 1003.8569 million. These values correspond to 26.23%, 14.53%, 9.30%, 7.77%, 3.38% of NEW ZEALAND's total exports and, respectively, were up 14.18%, up 15.23%, up 53.67%, up 9.77%, up 6.43% comparing to the same period of last year.

During the current year until 202108, 87, 84, 85, 27, 39 were NEW ZEALAND's top five traded commodities, with total import values of 4729.0676 million, 4362.0843 million, 2713.6148 million, 2548.7277 million, 1269.5856 million. These values correspond to 15.28%, 14.10%, 8.77%, 8.24%, 4.10% of NEW ZEALAND's total exports and, respectively, were up 96.14%, up 27.36%, up 29.77%, up 20.08%, up 38.03% comparing to the same period of last year.


2. Current year until 202108, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202108, NEW ZEALAND-China binational exports and imports of goods amounted to 16314.2294 million and were up 39.47% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 9187.0484 million and up 39.51%, imports from China to NEW ZEALAND were 7127.1809 million and up 39.41%. The total binational trade surplus was 2059.8675 million and up 39.86%.

During the urrent year until 202108, 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 2976.1524 million, 1917.2008 million, 1829.5015 million, 1362.1032 million, 1300.4030 million and makes up 18.24%, 11.75%, 11.21%, 8.35%, 7.97% of the total binational imports and exports. These values were also up 54.27%, up 76.93%, up 42.62%, up 37.91%, up 32.48% comparing to the same period last year.

During the current year until 202108, 04, 44, 02, 08, 19 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 2975.3865 million, 1855.4183 million, 1829.4597 million, 464.8713 million, 442.8487 million. These values account for 32.39%, 20.20%, 19.91%, 5.06%, 4.82% of NEW ZEALAND's total exports and were up 54.31%, up 76.96%, up 42.61%, up 11.64%, up 0.58% comparing to the same period of last year.

During the current year until 202108, 84, 85, 94, 87, 39 were NEW ZEALAND's top five traded commodities importing from China , with import values of 1318.6321 million, 1285.9134 million, 468.6046 million, 386.4243 million, 363.6432 million. These values account for 18.50%, 18.04%, 6.57%, 5.42%, 5.10% of NEW ZEALAND's total imports and were up 36.08%, up 32.32%, up 66.16%, up 256.01%, up 27.47% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand