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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202210

 1.  Overview the trade of NEW ZEALAND in goods current year until 202210

According to Dalian Infobank, in 202210NEW ZEALAND's exports and imports of goods amounted to 8181.2341 million, and were down 3.67% comparing with the same period of last year. Among these, exports were down 8.13% at 3485.9509 million, and imports were down 0.08% at 4695.2832 million. And the corresponding trade deficit was 1209.3323 million and up 33.68%.

During the current year until 202210, NEW ZEALAND's total exports and imports of goods were 82628.8217 million and were up 7.37% comparing to the same period of last year. Among these, exports were 38056.5381 million and up 3.84%; imports were 44572.2836 million and up 10.57%. The total trade deficit was 6515.7455 million and up 77.93%.

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 202210, NEW ZEALAND's imports and exports to five countries/territories were 20892.2215 million, 9535.5252 million, 7962.7791 million, 5007.3263 million, 4078.1859 million. These values correspond to 25.28%, 11.54%, 9.64%, 6.06%, 4.94% of NEW ZEALAND's imports and exports, and, respectively, were up 0.86%, up 3.81%, up 9.08%, up 5.74%, up 39.18% comparing to the same period of last year.

Current year until 202210, 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 202210, NEW ZEALAND's exports to these five countries/territories were 10527.6938 million, 4578.1810 million, 4100.2581 million, 2246.4286 million, 1425.0956 million. These values correspond to 27.66%, 12.03%, 10.77%, 5.90%, 3.74% of NEW ZEALAND's exports and, respectively, were down 6.90%, down 0.08%, up 4.98%, up 6.32%, up 22.84% comparing with the same period of last year.

Current year until 202210, 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 202210, NEW ZEALAND's imports from these five countries/territories were 10364.5277 million, 4957.3442 million, 3862.5210 million, 2760.8977 million, 2653.0904 million. These values correspond to 23.25%, 11.12%, 8.67%, 6.19%, 5.95% of NEW ZEALAND's total imports and, respectively, were up 10.19%, up 7.68%, up 13.80%, up 5.27%, up 49.88% comparing with the same period of last year.

During the current year until 202210, the trade surplus of NEW ZEALAND was mainly from HONG KONG, OTHER EUROPE COUNTRIES, PHILIPPINES, ALGERIA, INDONESIA at 530.6718 million, 449.6648 million, 404.6342 million, 322.0530 million, 302.7512 million, and down 17.92%, down 21.72%, up 30.65%, up 168.32%, down 1248.35%. And the trade deficits were mainly from GERMANY, SINGAPORE, SOUTH KOREA, THAILAND, ITALY at 1399.3288 million, 1295.3548 million, 1227.9948 million, 985.4273 million, 814.2962 million, and down 7.89%, up 423.68%, up 101.31%, down 18.20%, up 3.04%.

Current year until 202210, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202210,  commodities with hs2 codes, 04, 84, 87, 27, 02, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 10783.1562 million, 7108.9327 million, 5973.4052 million, 5702.7553 million, 5600.0089 million, which were up 11.21%, up 5.34%, down 2.95%, up 53.35%, up 5.28% comparing with the same period of last year and account for 13.05%, 8.60%, 7.23%, 6.90%, 6.78% of NEW ZEALAND's total imports and exports.

During the current year until 202210, 04, 02, 44, 08, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 10638.2265 million, 5418.6723 million, 2816.6444 million, 2368.5410 million, 1305.2987 million. These values correspond to 27.95%, 14.24%, 7.40%, 6.22%, 3.43% of NEW ZEALAND's total exports and, respectively, were up 11.66%, up 6.12%, down 16.34%, down 12.18%, down 1.96% comparing to the same period of last year.

During the current year until 202210, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 5991.9907 million, 5764.3551 million, 5056.0848 million, 3821.0635 million, 1656.2235 million. These values correspond to 13.44%, 12.93%, 11.34%, 8.57%, 3.72% of NEW ZEALAND's total exports and, respectively, were up 5.81%, down 3.53%, up 51.07%, up 9.12%, down 0.00% comparing to the same period of last year.


2. Current year until 202210, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202210, NEW ZEALAND-China binational exports and imports of goods amounted to 20892.2215 million and were up 0.86% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 10527.6938 million and down 6.90%, imports from China to NEW ZEALAND were 10364.5277 million and up 10.19%. The total binational trade surplus was 163.1660 million and down 91.42%.

During the urrent year until 202210, commodities with hs2 code, 04, 02, 85, 44, 84, were binational trade's top five traded commodities. They correspond to import and export values of 3305.9238 million, 2064.9288 million, 1838.9679 million, 1833.7165 million, 1759.3547 million and makes up 15.82%, 9.88%, 8.80%, 8.78%, 8.42% of the total binational imports and exports. These values were also down 11.27%, down 3.75%, up 8.50%, down 20.92%, down 0.73% comparing to the same period last year.

During the current year until 202210, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 3304.7304 million, 2064.8941 million, 1731.1917 million, 613.2403 million, 543.2523 million. These values account for 31.39%, 19.61%, 16.44%, 5.83%, 5.16% of NEW ZEALAND's total exports and were down 11.28%, down 3.75%, down 22.34%, up 11.97%, down 2.66% comparing to the same period of last year.

During the current year until 202210, 85, 84, 87, 94, 73 were NEW ZEALAND's top five traded commodities importing from China , with import values of 1823.9463 million, 1735.5180 million, 723.4479 million, 590.0652 million, 503.6716 million. These values account for 17.60%, 16.74%, 6.98%, 5.69%, 4.86% of NEW ZEALAND's total imports and were up 8.74%, up 0.80%, up 40.41%, down 5.53%, up 12.71% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand