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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202212

 1.  Overview the trade of NEW ZEALAND in goods current year until 202212

According to Dalian Infobank, in 202212NEW ZEALAND's exports and imports of goods amounted to 8840.8451 million, and were down 0.94% comparing with the same period of last year. Among these, exports were up 3.47% at 4269.3420 million, and imports were down 4.73% at 4571.5032 million. And the corresponding trade deficit was 302.1612 million and down 55.06%.

During the current year until 202212, NEW ZEALAND's total exports and imports of goods were 100959.2093 million and were up 6.71% comparing to the same period of last year. Among these, exports were 46178.7475 million and up 3.18%; imports were 54780.4618 million and up 9.88%. The total trade deficit was 8601.7144 million and up 68.78%.

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 202212, NEW ZEALAND's imports and exports to five countries/territories were 25577.1505 million, 11633.4470 million, 9914.4352 million, 6099.9930 million, 5163.2638 million. These values correspond to 25.33%, 11.52%, 9.82%, 6.04%, 5.11% of NEW ZEALAND's imports and exports, and, respectively, were down 1.63%, up 3.79%, up 10.89%, up 6.01%, up 40.62% comparing to the same period of last year.

Current year until 202212, 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 202212, NEW ZEALAND's exports to these five countries/territories were 12924.4444 million, 5556.0672 million, 5017.5350 million, 2676.6698 million, 1705.3573 million. These values correspond to 27.99%, 12.03%, 10.87%, 5.80%, 3.69% of NEW ZEALAND's exports and, respectively, were down 8.78%, down 0.10%, up 6.59%, up 5.08%, up 20.45% comparing with the same period of last year.

Current year until 202212, NEW ZEALAND's exports to top five countries/territories CHINA, AUSTRALIA, UNITED STATES, SOUTH KOREA, JAPAN are the top five countries/territories that NEW ZEALAND imports from in terms of the total export amount. During the current year until 202212, NEW ZEALAND's imports from these five countries/territories were 12652.7061 million, 6077.3798 million, 4896.9002 million, 3457.9066 million, 3423.3232 million. These values correspond to 23.10%, 11.09%, 8.94%, 6.31%, 6.25% of NEW ZEALAND's total imports and, respectively, were up 6.94%, up 7.62%, up 15.68%, up 53.27%, up 6.75% comparing with the same period of last year.

During the current year until 202212, the trade surplus of NEW ZEALAND was mainly from HONG KONG, ALGERIA, PHILIPPINES, OTHER EUROPE COUNTRIES, SAUDI ARABIA at 623.2165 million, 543.0554 million, 465.8241 million, 450.0611 million, 306.0111 million, and down 18.94%, up 239.26%, up 29.79%, down 21.66%, up 28.34%. And the trade deficits were mainly from SOUTH KOREA, GERMANY, SINGAPORE, THAILAND, ITALY at 1752.5493 million, 1711.3595 million, 1524.7091 million, 1279.3302 million, 971.2963 million, and up 108.56%, down 6.85%, up 475.39%, down 15.21%, up 2.61%.

Current year until 202212, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202212,  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 13737.5339 million, 8661.5197 million, 7439.3890 million, 6977.9057 million, 6538.3313 million, which were up 9.50%, up 4.27%, down 0.36%, up 57.30%, up 1.80% comparing with the same period of last year and account for 13.61%, 8.58%, 7.37%, 6.91%, 6.48% of NEW ZEALAND's total imports and exports.

During the current year until 202212, 04, 02, 44, 08, 22 were NEW ZEALAND's top five traded commodities, with total import and export values of 13551.8161 million, 6321.4586 million, 3336.3180 million, 2429.2723 million, 1668.9769 million. These values correspond to 29.35%, 13.69%, 7.22%, 5.26%, 3.61% of NEW ZEALAND's total exports and, respectively, were up 9.81%, up 2.40%, down 14.40%, down 12.23%, up 3.02% comparing to the same period of last year.

During the current year until 202212, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 7288.2157 million, 7190.5761 million, 6233.5495 million, 4695.3804 million, 2013.0986 million. These values correspond to 13.30%, 13.13%, 11.38%, 8.57%, 3.67% of NEW ZEALAND's total exports and, respectively, were up 4.62%, down 0.79%, up 56.29%, up 6.67%, down 1.66% comparing to the same period of last year.


2. Current year until 202212, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202212, NEW ZEALAND-China binational exports and imports of goods amounted to 25577.1505 million and were down 1.63% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 12924.4444 million and down 8.78%, imports from China to NEW ZEALAND were 12652.7061 million and up 6.94%. The total binational trade surplus was 271.7383 million and down 88.37%.

During the urrent year until 202212, 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 4320.8119 million, 2439.6294 million, 2263.0345 million, 2168.0387 million, 2112.0529 million and makes up 16.89%, 9.54%, 8.85%, 8.48%, 8.26% of the total binational imports and exports. These values were also down 16.77%, down 6.91%, up 4.14%, down 17.80%, down 4.20% comparing to the same period last year.

During the current year until 202212, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 4319.2434 million, 2439.4818 million, 2044.8703 million, 792.8291 million, 559.3978 million. These values account for 33.42%, 18.87%, 15.82%, 6.13%, 4.33% of NEW ZEALAND's total exports and were down 16.78%, down 6.91%, down 18.92%, up 21.44%, down 2.53% comparing to the same period of last year.

During the current year until 202212, 85, 84, 87, 94, 73 were NEW ZEALAND's top five traded commodities importing from China , with import values of 2245.4798 million, 2084.7918 million, 940.2505 million, 734.4108 million, 601.8379 million. These values account for 17.75%, 16.48%, 7.43%, 5.80%, 4.76% of NEW ZEALAND's total imports and were up 4.31%, down 3.05%, up 43.76%, down 7.77%, up 2.53% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand