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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202112

 1.  Overview the trade of NEW ZEALAND in goods current year until 202112

According to Dalian Infobank, in 202112NEW ZEALAND's exports and imports of goods amounted to 8567.4169 million, and were up 12.96% comparing with the same period of last year. Among these, exports were up 7.94% at 4121.9090 million, and imports were up 18.06% at 4445.5079 million. And the corresponding trade deficit was 323.5989 million and down 708.77%.

During the current year until 202112, NEW ZEALAND's total exports and imports of goods were 94324.6760 million and were up 24.00% comparing to the same period of last year. Among these, exports were 44865.0383 million and up 15.28%; imports were 49459.6377 million and up 33.13%. The total trade deficit was 4594.5994 million and down 360.37%.

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 202112, NEW ZEALAND's imports and exports to five countries/territories were 25941.8445 million, 11164.6795 million, 8944.6415 million, 5741.7167 million, 3627.9899 million. These values correspond to 27.50%, 11.84%, 9.48%, 6.09%, 3.85% of NEW ZEALAND's imports and exports, and, respectively, were up 34.80%, up 13.85%, up 13.42%, up 30.34%, up 25.23% comparing to the same period of last year.

Current year until 202112, 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 202112, NEW ZEALAND's exports to these five countries/territories were 14198.6975 million, 5552.1100 million, 4732.6923 million, 2556.2466 million, 1408.1174 million. These values correspond to 31.65%, 12.38%, 10.55%, 5.70%, 3.14% of NEW ZEALAND's exports and, respectively, were up 30.87%, up 4.64%, up 9.58%, up 11.46%, up 27.12% comparing with the same period of last year.

Current year until 202112, 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 202112, NEW ZEALAND's imports from these five countries/territories were 11743.1470 million, 5612.5695 million, 4211.9492 million, 3185.4701 million, 2398.3396 million. These values correspond to 23.74%, 11.35%, 8.52%, 6.44%, 4.85% of NEW ZEALAND's total imports and, respectively, were up 39.88%, up 24.72%, up 18.05%, up 50.86%, up 36.00% comparing with the same period of last year.

During the current year until 202112, the trade surplus of NEW ZEALAND was mainly from CHINA, HONG KONG, OTHER EUROPE COUNTRIES, UNITED STATES, PHILIPPINES at 2455.5505 million, 770.8058 million, 574.4809 million, 520.7431 million, 360.4964 million, and up 0.04%, up 9.34%, up 23.72%, down 30.66%, down 6.40%. And the trade deficits were mainly from GERMANY, THAILAND, UNITED ARAB EMIRATES, ITALY, SOUTH KOREA at 1824.6181 million, 1499.6649 million, 1147.5279 million, 941.7379 million, 811.7552 million, and up 58.11%, up 73.51%, up 152.32%, up 36.20%, up 19.09%.

Current year until 202112, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202112,  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 12637.8848 million, 8298.2973 million, 7413.7382 million, 6417.4005 million, 5183.5685 million, which were up 16.19%, up 29.40%, up 69.17%, up 17.62%, up 25.25% comparing with the same period of last year and account for 13.40%, 8.80%, 7.86%, 6.80%, 5.50% of NEW ZEALAND's total imports and exports.

During the current year until 202112, 04, 02, 44, 08, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 12432.9615 million, 6168.0671 million, 3916.3581 million, 2771.6981 million, 1628.5779 million. These values correspond to 27.71%, 13.75%, 8.73%, 6.18%, 3.63% of NEW ZEALAND's total exports and, respectively, were up 16.85%, up 17.66%, up 32.77%, up 10.94%, up 8.22% comparing to the same period of last year.

During the current year until 202112, 87, 84, 85, 27, 39 were NEW ZEALAND's top five traded commodities, with total import values of 7195.1086 million, 6925.4695 million, 4372.1913 million, 3887.1126 million, 2035.8702 million. These values correspond to 14.55%, 14.00%, 8.84%, 7.86%, 4.12% of NEW ZEALAND's total exports and, respectively, were up 70.88%, up 29.88%, up 25.88%, up 24.20%, up 40.18% comparing to the same period of last year.


2. Current year until 202112, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202112, NEW ZEALAND-China binational exports and imports of goods amounted to 25941.8445 million and were up 34.80% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 14198.6975 million and up 30.87%, imports from China to NEW ZEALAND were 11743.1470 million and up 39.88%. The total binational trade surplus was 2455.5505 million and up 0.04%.

During the urrent year until 202112, 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 5229.4662 million, 2649.3400 million, 2618.4933 million, 2190.6634 million, 2158.3308 million and makes up 20.16%, 10.21%, 10.09%, 8.44%, 8.32% of the total binational imports and exports. These values were also up 42.06%, up 47.94%, up 36.67%, up 38.76%, up 25.86% comparing to the same period last year.

During the current year until 202112, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 5228.2861 million, 2618.4517 million, 2535.4637 million, 654.1926 million, 573.5681 million. These values account for 36.82%, 18.44%, 17.86%, 4.61%, 4.04% of NEW ZEALAND's total exports and were up 42.08%, up 36.67%, up 46.63%, down 9.57%, up 21.68% comparing to the same period of last year.

During the current year until 202112, 85, 84, 94, 87, 39 were NEW ZEALAND's top five traded commodities importing from China , with import values of 2138.0208 million, 2136.4042 million, 789.4339 million, 644.2298 million, 586.2141 million. These values account for 18.21%, 18.19%, 6.72%, 5.49%, 4.99% of NEW ZEALAND's total imports and were up 25.68%, up 37.71%, up 58.67%, up 194.00%, up 33.39% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand