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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202201

 1.  Overview the trade of NEW ZEALAND in goods current year until 202201

According to Dalian Infobank, in 202201NEW ZEALAND's exports and imports of goods amounted to 7275.5373 million, and were up 11.83% comparing with the same period of last year. Among these, exports were up 8.36% at 3273.1055 million, and imports were up 14.84% at 4002.4317 million. And the corresponding trade deficit was 729.3262 million and up 56.93%.

During the current year until 202201, NEW ZEALAND's total exports and imports of goods were 7275.5373 million and were up 11.83% comparing to the same period of last year. Among these, exports were 3273.1055 million and up 8.36%; imports were 4002.4317 million and up 14.84%. The total trade deficit was 729.3262 million and up 56.93%.

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 202201, NEW ZEALAND's imports and exports to five countries/territories were 2012.8189 million, 791.2526 million, 719.3882 million, 393.0980 million, 309.0218 million. These values correspond to 27.67%, 10.88%, 9.89%, 5.40%, 4.25% of NEW ZEALAND's imports and exports, and, respectively, were up 13.13%, up 0.86%, up 24.63%, up 11.76%, up 26.94% comparing to the same period of last year.

Current year until 202201, 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 202201, NEW ZEALAND's exports to these five countries/territories were 980.9504 million, 378.3760 million, 374.8731 million, 187.3627 million, 111.8129 million. These values correspond to 29.97%, 11.56%, 11.45%, 5.72%, 3.42% of NEW ZEALAND's exports and, respectively, were up 5.25%, down 7.79%, up 27.69%, up 26.81%, up 23.53% comparing with the same period of last year.

Current year until 202201, NEW ZEALAND's exports to top five countries/territories CHINA, AUSTRALIA, UNITED STATES, JAPAN, SOUTH KOREA are the top five countries/territories that NEW ZEALAND imports from in terms of the total export amount. During the current year until 202201, NEW ZEALAND's imports from these five countries/territories were 1031.8685 million, 412.8766 million, 344.5150 million, 205.7353 million, 197.2088 million. These values correspond to 25.78%, 10.32%, 8.61%, 5.14%, 4.93% of NEW ZEALAND's total imports and, respectively, were up 21.79%, up 10.34%, up 21.46%, up 0.86%, up 28.96% comparing with the same period of last year.

During the current year until 202201, the trade surplus of NEW ZEALAND was mainly from HONG KONG, BANGLADESH, PHILIPPINES, UNITED STATES, EGYPT at 36.7957 million, 36.5794 million, 33.2516 million, 30.3581 million, 29.5053 million, and up 15.49%, up 141.17%, up 11.84%, up 205.33%, up 23.99%. And the trade deficits were mainly from GERMANY, UNITED ARAB EMIRATES, THAILAND, SOUTH KOREA, ITALY at 148.6339 million, 131.4653 million, 114.2379 million, 85.3959 million, 73.8018 million, and up 12.12%, up 455.46%, up 18.23%, up 36.85%, down 2.84%.

Current year until 202201, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202201,  commodities with hs2 codes, 04, 84, 02, 27, 87, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 1127.7111 million, 665.9768 million, 581.2376 million, 498.9953 million, 466.9382 million, which were up 6.23%, up 20.59%, up 19.43%, up 69.05%, down 4.90% comparing with the same period of last year and account for 15.50%, 9.15%, 7.99%, 6.86%, 6.42% of NEW ZEALAND's total imports and exports.

During the current year until 202201, 04, 02, 44, 35, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 1117.6276 million, 567.0460 million, 172.3610 million, 127.3453 million, 95.9794 million. These values correspond to 34.15%, 17.32%, 5.27%, 3.89%, 2.93% of NEW ZEALAND's total exports and, respectively, were up 6.94%, up 21.39%, down 25.52%, up 51.78%, down 11.02% comparing to the same period of last year.

During the current year until 202201, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 593.6309 million, 453.6406 million, 430.7337 million, 347.0082 million, 157.2260 million. These values correspond to 14.83%, 11.33%, 10.76%, 8.67%, 3.93% of NEW ZEALAND's total exports and, respectively, were up 23.18%, down 3.55%, up 57.68%, up 2.62%, up 7.26% comparing to the same period of last year.


2. Current year until 202201, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202201, NEW ZEALAND-China binational exports and imports of goods amounted to 2012.8189 million and were up 13.13% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 980.9504 million and up 5.25%, imports from China to NEW ZEALAND were 1031.8685 million and up 21.79%. The total binational trade deficit was 50.9181 million and down 160.08%.

During the urrent year until 202201, commodities with hs2 code, 04, 02, 84, 85, 44, were binational trade's top five traded commodities. They correspond to import and export values of 358.5164 million, 242.3076 million, 198.8024 million, 186.0281 million, 99.7394 million and makes up 17.81%, 12.04%, 9.88%, 9.24%, 4.96% of the total binational imports and exports. These values were also down 3.80%, up 17.46%, up 29.89%, up 7.94%, down 39.66% comparing to the same period last year.

During the current year until 202201, 04, 02, 44, 98, 03 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 358.4037 million, 242.3076 million, 87.5422 million, 55.6159 million, 43.6126 million. These values account for 36.54%, 24.70%, 8.92%, 5.67%, 4.45% of NEW ZEALAND's total exports and were down 3.79%, up 17.46%, down 44.43%, up 182.05%, up 101.42% comparing to the same period of last year.

During the current year until 202201, 84, 85, 94, 87, 73 were NEW ZEALAND's top five traded commodities importing from China , with import values of 196.9448 million, 183.8997 million, 62.6963 million, 62.4079 million, 54.5714 million. These values account for 19.09%, 17.82%, 6.08%, 6.05%, 5.29% of NEW ZEALAND's total imports and were up 30.46%, up 7.82%, up 9.83%, up 68.21%, up 67.90% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand