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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202111

 1.  Overview the trade of NEW ZEALAND in goods current year until 202111

According to Dalian Infobank, in 202111NEW ZEALAND's exports and imports of goods amounted to 8838.5770 million, and were up 27.24% comparing with the same period of last year. Among these, exports were up 15.34% at 4115.9493 million, and imports were up 39.81% at 4722.6277 million. And the corresponding trade deficit was 606.6784 million and down 418.30%.

During the current year until 202111, NEW ZEALAND's total exports and imports of goods were 85760.2772 million and were up 25.22% comparing to the same period of last year. Among these, exports were 40742.8036 million and up 16.08%; imports were 45017.4736 million and up 34.84%. The total trade deficit was 4274.6700 million and down 349.76%.

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 202111, NEW ZEALAND's imports and exports to five countries/territories were 23568.6571 million, 10229.4923 million, 8156.6164 million, 5240.0917 million, 3275.8556 million. These values correspond to 27.48%, 11.93%, 9.51%, 6.11%, 3.82% of NEW ZEALAND's imports and exports, and, respectively, were up 38.33%, up 15.95%, up 14.02%, up 30.68%, up 22.92% comparing to the same period of last year.

Current year until 202111, 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 202111, NEW ZEALAND's exports to these five countries/territories were 12914.0281 million, 5091.5377 million, 4301.0168 million, 2362.6662 million, 1278.5755 million. These values correspond to 31.70%, 12.50%, 10.56%, 5.80%, 3.14% of NEW ZEALAND's exports and, respectively, were up 35.07%, up 6.58%, up 9.60%, up 11.11%, up 27.44% comparing with the same period of last year.

Current year until 202111, 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 202111, NEW ZEALAND's imports from these five countries/territories were 10654.6291 million, 5137.9546 million, 3855.5996 million, 2877.4255 million, 2205.6604 million. These values correspond to 23.67%, 11.41%, 8.56%, 6.39%, 4.90% of NEW ZEALAND's total imports and, respectively, were up 42.48%, up 27.01%, up 19.39%, up 52.77%, up 38.05% comparing with the same period of last year.

During the current year until 202111, the trade surplus of NEW ZEALAND was mainly from CHINA, HONG KONG, OTHER EUROPE COUNTRIES, UNITED STATES, PHILIPPINES at 2259.3990 million, 710.8171 million, 574.4834 million, 445.4172 million, 330.6142 million, and up 8.47%, up 13.28%, up 23.72%, down 35.90%, down 8.55%. And the trade deficits were mainly from GERMANY, THAILAND, UNITED ARAB EMIRATES, ITALY, SOUTH KOREA at 1687.4421 million, 1325.7295 million, 1075.1848 million, 860.0710 million, 718.7046 million, and up 61.62%, up 83.83%, up 158.47%, up 42.34%, up 9.13%.

Current year until 202111, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202111,  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 11195.3068 million, 7516.7438 million, 6717.9172 million, 5802.9874 million, 4714.9599 million, which were up 15.71%, up 30.49%, up 77.24%, up 18.12%, up 27.48% comparing with the same period of last year and account for 13.05%, 8.76%, 7.83%, 6.77%, 5.50% of NEW ZEALAND's total imports and exports.

During the current year until 202111, 04, 02, 44, 08, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 11009.6003 million, 5573.6014 million, 3672.7002 million, 2757.8679 million, 1502.3958 million. These values correspond to 27.02%, 13.68%, 9.01%, 6.77%, 3.69% of NEW ZEALAND's total exports and, respectively, were up 16.34%, up 18.13%, up 38.35%, up 12.54%, up 10.78% comparing to the same period of last year.

During the current year until 202111, 87, 84, 85, 27, 39 were NEW ZEALAND's top five traded commodities, with total import values of 6518.5192 million, 6313.0215 million, 3971.3929 million, 3631.7854 million, 1858.6809 million. These values correspond to 14.48%, 14.02%, 8.82%, 8.07%, 4.13% of NEW ZEALAND's total exports and, respectively, were up 79.12%, up 31.89%, up 27.96%, up 25.99%, up 42.89% comparing to the same period of last year.


2. Current year until 202111, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202111, NEW ZEALAND-China binational exports and imports of goods amounted to 23568.6571 million and were up 38.33% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 12914.0281 million and up 35.07%, imports from China to NEW ZEALAND were 10654.6291 million and up 42.48%. The total binational trade surplus was 2259.3990 million and up 8.47%.

During the urrent year until 202111, 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 4637.6328 million, 2509.8549 million, 2349.0101 million, 1990.9934 million, 1944.2507 million and makes up 19.68%, 10.65%, 9.97%, 8.45%, 8.25% of the total binational imports and exports. These values were also up 47.32%, up 55.09%, up 41.07%, up 41.45%, up 29.25% comparing to the same period last year.

During the current year until 202111, 04, 44, 02, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 4636.5232 million, 2407.1979 million, 2348.9684 million, 585.5176 million, 572.7721 million. These values account for 35.90%, 18.64%, 18.19%, 4.53%, 4.44% of NEW ZEALAND's total exports and were up 47.34%, up 53.90%, up 41.07%, down 9.55%, up 22.49% comparing to the same period of last year.

During the current year until 202111, 84, 85, 94, 87, 39 were NEW ZEALAND's top five traded commodities importing from China , with import values of 1938.8858 million, 1924.7640 million, 715.4344 million, 584.7244 million, 528.2904 million. These values account for 18.20%, 18.07%, 6.71%, 5.49%, 4.96% of NEW ZEALAND's total imports and were up 40.16%, up 29.02%, up 64.78%, up 218.18%, up 34.77% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand