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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202208

 1.  Overview the trade of NEW ZEALAND in goods current year until 202208

According to Dalian Infobank, in 202208NEW ZEALAND's exports and imports of goods amounted to 8408.3929 million, and were up 10.97% comparing with the same period of last year. Among these, exports were up 12.89% at 3437.2348 million, and imports were up 9.67% at 4971.1581 million. And the corresponding trade deficit was 1533.9233 million and up 3.09%.

During the current year until 202208, NEW ZEALAND's total exports and imports of goods were 66521.5849 million and were up 9.54% comparing to the same period of last year. Among these, exports were 31323.9614 million and up 5.29%; imports were 35197.6234 million and up 13.62%. The total trade deficit was 3873.6620 million and up 215.35%.

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 202208, NEW ZEALAND's imports and exports to five countries/territories were 16754.3727 million, 7573.8878 million, 6489.5675 million, 4159.0897 million, 3245.5339 million. These values correspond to 25.19%, 11.39%, 9.76%, 6.25%, 4.88% of NEW ZEALAND's imports and exports, and, respectively, were up 2.65%, up 5.44%, up 11.27%, up 10.94%, up 38.77% comparing to the same period of last year.

Current year until 202208, 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 202208, NEW ZEALAND's exports to these five countries/territories were 8668.7535 million, 3631.6810 million, 3376.2165 million, 1908.8560 million, 1203.5488 million. These values correspond to 27.67%, 11.59%, 10.78%, 6.09%, 3.84% of NEW ZEALAND's exports and, respectively, were down 5.71%, up 0.03%, up 8.09%, up 10.34%, up 28.55% comparing with the same period of last year.

Current year until 202208, 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 202208, NEW ZEALAND's imports from these five countries/territories were 8085.6192 million, 3942.2068 million, 3113.3510 million, 2250.2337 million, 2041.9851 million. These values correspond to 22.97%, 11.20%, 8.85%, 6.39%, 5.80% of NEW ZEALAND's total imports and, respectively, were up 13.42%, up 10.97%, up 14.93%, up 11.45%, up 45.59% comparing with the same period of last year.

During the current year until 202208, the trade surplus of NEW ZEALAND was mainly from CHINA, HONG KONG, OTHER EUROPE COUNTRIES, PHILIPPINES, INDONESIA at 583.1343 million, 426.5974 million, 417.9420 million, 332.1389 million, 274.8960 million, and down 71.75%, down 17.95%, down 13.55%, up 29.20%, up 1035.90%. And the trade deficits were mainly from GERMANY, SINGAPORE, SOUTH KOREA, THAILAND, ITALY at 1125.4244 million, 926.7209 million, 838.4363 million, 707.2917 million, 636.6039 million, and down 1.12%, up 298.69%, up 79.82%, down 21.60%, up 1.11%.

Current year until 202208, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202208,  commodities with hs2 codes, 04, 84, 02, 87, 27, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 8860.5441 million, 5623.9864 million, 4865.1624 million, 4697.8910 million, 4522.3879 million, which were up 11.66%, up 7.39%, up 8.31%, down 3.73%, up 60.25% comparing with the same period of last year and account for 13.32%, 8.45%, 7.31%, 7.06%, 6.80% of NEW ZEALAND's total imports and exports.

During the current year until 202208, 04, 02, 44, 08, 35 were NEW ZEALAND's top five traded commodities, with total import and export values of 8751.1547 million, 4728.0720 million, 2236.1722 million, 2109.9718 million, 1028.3342 million. These values correspond to 27.94%, 15.09%, 7.14%, 6.74%, 3.28% of NEW ZEALAND's total exports and, respectively, were up 12.20%, up 9.40%, down 19.14%, down 8.42%, up 36.74% comparing to the same period of last year.

During the current year until 202208, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 4739.1254 million, 4528.1583 million, 3990.8236 million, 2952.4258 million, 1312.0187 million. These values correspond to 13.46%, 12.86%, 11.34%, 8.39%, 3.73% of NEW ZEALAND's total exports and, respectively, were up 8.63%, down 4.29%, up 54.37%, up 8.73%, up 3.35% comparing to the same period of last year.


2. Current year until 202208, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202208, NEW ZEALAND-China binational exports and imports of goods amounted to 16754.3727 million and were up 2.65% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 8668.7535 million and down 5.71%, imports from China to NEW ZEALAND were 8085.6192 million and up 13.42%. The total binational trade surplus was 583.1343 million and down 71.75%.

During the urrent year until 202208, commodities with hs2 code, 04, 02, 44, 85, 84, were binational trade's top five traded commodities. They correspond to import and export values of 2714.5718 million, 1781.7493 million, 1453.8070 million, 1406.0849 million, 1395.1200 million and makes up 16.20%, 10.63%, 8.68%, 8.39%, 8.33% of the total binational imports and exports. These values were also down 8.88%, down 2.80%, down 24.25%, up 7.98%, up 2.74% comparing to the same period last year.

During the current year until 202208, 04, 02, 44, 08, 19 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 2713.4877 million, 1781.7372 million, 1369.8893 million, 507.0656 million, 485.6359 million. These values account for 31.30%, 20.55%, 15.80%, 5.85%, 5.60% of NEW ZEALAND's total exports and were down 8.90%, down 2.80%, down 26.25%, up 9.27%, up 9.49% comparing to the same period of last year.

During the current year until 202208, 85, 84, 87, 94, 73 were NEW ZEALAND's top five traded commodities importing from China , with import values of 1393.0355 million, 1375.4007 million, 479.5470 million, 458.4192 million, 413.1588 million. These values account for 17.23%, 17.01%, 5.93%, 5.67%, 5.11% of NEW ZEALAND's total imports and were up 8.18%, up 4.31%, up 23.97%, down 2.16%, up 23.01% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand