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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202110

 1.  Overview the trade of NEW ZEALAND in goods current year until 202110

According to Dalian Infobank, in 202110NEW ZEALAND's exports and imports of goods amounted to 8453.5364 million, and were up 26.49% comparing with the same period of last year. Among these, exports were up 18.46% at 3773.2576 million, and imports were up 33.80% at 4680.2789 million. And the corresponding trade deficit was 907.0213 million and up 190.17%.

During the current year until 202110, NEW ZEALAND's total exports and imports of goods were 76911.7172 million and were up 24.98% comparing to the same period of last year. Among these, exports were 36617.9577 million and up 16.14%; imports were 40293.7595 million and up 34.27%. The total trade deficit was 3675.8017 million and down 341.69%.

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 202110, NEW ZEALAND's imports and exports to five countries/territories were 20730.2905 million, 9154.2943 million, 7303.7214 million, 4729.3809 million, 2920.1332 million. These values correspond to 26.95%, 11.90%, 9.50%, 6.15%, 3.80% of NEW ZEALAND's imports and exports, and, respectively, were up 39.88%, up 14.56%, up 12.84%, up 31.33%, up 17.90% comparing to the same period of last year.

Current year until 202110, 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 202110, NEW ZEALAND's exports to these five countries/territories were 11324.3283 million, 4564.0286 million, 3907.9813 million, 2106.2433 million, 1147.2497 million. These values correspond to 30.93%, 12.46%, 10.67%, 5.75%, 3.13% of NEW ZEALAND's exports and, respectively, were up 38.36%, up 4.81%, up 9.78%, up 8.10%, up 23.19% comparing with the same period of last year.

Current year until 202110, 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 202110, NEW ZEALAND's imports from these five countries/territories were 9405.9623 million, 4590.2656 million, 3395.7401 million, 2623.1375 million, 2000.4710 million. These values correspond to 23.34%, 11.39%, 8.43%, 6.51%, 4.96% of NEW ZEALAND's total imports and, respectively, were up 41.76%, up 26.23%, up 16.57%, up 58.72%, up 39.37% comparing with the same period of last year.

During the current year until 202110, the trade surplus of NEW ZEALAND was mainly from CHINA, HONG KONG, OTHER EUROPE COUNTRIES, UNITED STATES, PHILIPPINES at 1918.3660 million, 645.6578 million, 574.4834 million, 512.2412 million, 311.1737 million, and up 23.79%, up 13.35%, up 23.72%, down 20.79%, down 8.37%. And the trade deficits were mainly from GERMANY, THAILAND, UNITED ARAB EMIRATES, ITALY, SOUTH KOREA at 1521.8045 million, 1203.1258 million, 987.3022 million, 790.1769 million, 625.6339 million, and up 65.59%, up 87.30%, up 134.60%, up 45.88%, up 1.85%.

Current year until 202110, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202110,  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 9716.2120 million, 6755.1761 million, 6153.3188 million, 5315.0108 million, 4161.4438 million, which were up 15.80%, up 29.75%, up 82.57%, up 17.88%, up 29.04% comparing with the same period of last year and account for 12.63%, 8.78%, 8.00%, 6.91%, 5.41% of NEW ZEALAND's total imports and exports.

During the current year until 202110, 04, 02, 44, 08, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 9547.0507 million, 5102.0448 million, 3377.2725 million, 2700.1369 million, 1330.4574 million. These values correspond to 26.07%, 13.93%, 9.22%, 7.37%, 3.63% of NEW ZEALAND's total exports and, respectively, were up 16.49%, up 17.80%, up 42.63%, up 12.78%, up 7.24% comparing to the same period of last year.

During the current year until 202110, 87, 84, 85, 27, 39 were NEW ZEALAND's top five traded commodities, with total import values of 5975.2076 million, 5666.4928 million, 3501.8131 million, 3316.6033 million, 1656.5866 million. These values correspond to 14.83%, 14.06%, 8.69%, 8.23%, 4.11% of NEW ZEALAND's total exports and, respectively, were up 84.67%, up 31.16%, up 30.13%, up 23.48%, up 41.39% comparing to the same period of last year.


2. Current year until 202110, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202110, NEW ZEALAND-China binational exports and imports of goods amounted to 20730.2905 million and were up 39.88% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 11324.3283 million and up 38.36%, imports from China to NEW ZEALAND were 9405.9623 million and up 41.76%. The total binational trade surplus was 1918.3660 million and up 23.79%.

During the urrent year until 202110, 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 3731.7356 million, 2330.5686 million, 2142.1705 million, 1776.2978 million, 1695.0735 million and makes up 18.00%, 11.24%, 10.33%, 8.57%, 8.18% of the total binational imports and exports. These values were also up 51.61%, up 62.21%, up 44.03%, up 41.03%, up 34.59% comparing to the same period last year.

During the current year until 202110, 04, 44, 02, 08, 19 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 3730.7819 million, 2240.9989 million, 2142.1288 million, 559.9412 million, 546.7212 million. These values account for 32.94%, 19.79%, 18.92%, 4.94%, 4.83% of NEW ZEALAND's total exports and were up 51.64%, up 61.36%, up 44.03%, up 19.92%, down 1.06% comparing to the same period of last year.

During the current year until 202110, 84, 85, 94, 87, 39 were NEW ZEALAND's top five traded commodities importing from China , with import values of 1721.8316 million, 1677.4489 million, 624.8183 million, 515.2547 million, 469.7086 million. These values account for 18.31%, 17.83%, 6.64%, 5.48%, 4.99% of NEW ZEALAND's total imports and were up 39.16%, up 34.40%, up 61.97%, up 222.31%, up 31.79% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand