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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202301

 1.  Overview the trade of NEW ZEALAND in goods current year until 202301

According to Dalian Infobank, in 202301NEW ZEALAND's exports and imports of goods amounted to 8239.8666 million, and were up 14.15% comparing with the same period of last year. Among these, exports were up 8.01% at 3495.6192 million, and imports were up 19.13% at 4744.2474 million. And the corresponding trade deficit was 1248.6282 million and up 67.39%.

During the current year until 202301, NEW ZEALAND's total exports and imports of goods were 8239.8666 million and were up 14.15% comparing to the same period of last year. Among these, exports were 3495.6192 million and up 8.01%; imports were 4744.2474 million and up 19.13%. The total trade deficit was 1248.6282 million and up 67.39%.

If considering by country (region), CHINA, AUSTRALIA, UNITED STATES, SOUTH KOREA, SINGAPORE were NEW ZEALAND's top five trading partners. During the current year until 202301, NEW ZEALAND's imports and exports to five countries/territories were 1966.1203 million, 835.4381 million, 720.8358 million, 668.1480 million, 593.4386 million. These values correspond to 23.86%, 10.14%, 8.75%, 8.11%, 7.20% of NEW ZEALAND's imports and exports, and, respectively, were down 1.03%, up 5.03%, up 1.55%, up 118.29%, up 375.60% comparing to the same period of last year.

Current year until 202301, 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 202301, NEW ZEALAND's exports to these five countries/territories were 983.4726 million, 437.7696 million, 370.7966 million, 201.2383 million, 131.0080 million. These values correspond to 28.13%, 12.52%, 10.61%, 5.76%, 3.75% of NEW ZEALAND's exports and, respectively, were up 2.91%, up 14.27%, up 1.10%, up 10.12%, up 20.31% comparing with the same period of last year.

Current year until 202301, NEW ZEALAND's exports to top five countries/territories CHINA, SOUTH KOREA, SINGAPORE, AUSTRALIA, UNITED STATES are the top five countries/territories that NEW ZEALAND imports from in terms of the total export amount. During the current year until 202301, NEW ZEALAND's imports from these five countries/territories were 982.6478 million, 537.1400 million, 526.3836 million, 397.6685 million, 350.0393 million. These values correspond to 20.71%, 11.32%, 11.10%, 8.38%, 7.38% of NEW ZEALAND's total imports and, respectively, were down 4.68%, up 172.40%, up 713.50%, down 3.56%, up 2.03% comparing with the same period of last year.

During the current year until 202301, the trade surplus of NEW ZEALAND was mainly from UNITED ARAB EMIRATES, AUSTRALIA, ALGERIA, SHIPPING STORES, PHILIPPINES at 52.3114 million, 40.1011 million, 37.7234 million, 34.7132 million, 33.4088 million, and down 127.65%, down 236.99%, up 41.70%, up 87.48%, up 6.16%. And the trade deficits were mainly from SINGAPORE, SOUTH KOREA, GERMANY, ITALY, FRANCE at 459.3285 million, 406.1319 million, 165.8534 million, 141.9468 million, 73.0866 million, and up 9809.77%, up 359.99%, up 11.86%, up 92.50%, up 83.09%.

Current year until 202301, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202301,  commodities with hs2 codes, 04, 27, 84, 87, 02, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 1308.2658 million, 1183.0133 million, 630.5065 million, 492.8885 million, 489.2118 million, which were up 19.05%, up 136.00%, down 5.08%, up 5.64%, down 13.25% comparing with the same period of last year and account for 15.88%, 14.36%, 7.65%, 5.98%, 5.94% of NEW ZEALAND's total imports and exports.

During the current year until 202301, 04, 02, 44, 35, 19 were NEW ZEALAND's top five traded commodities, with total import and export values of 1290.0322 million, 474.5243 million, 176.0729 million, 146.4084 million, 119.0654 million. These values correspond to 36.90%, 13.57%, 5.04%, 4.19%, 3.41% of NEW ZEALAND's total exports and, respectively, were up 18.47%, down 13.68%, up 8.17%, up 19.29%, up 26.82% comparing to the same period of last year.

During the current year until 202301, 27, 84, 87, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 1097.1616 million, 541.6756 million, 481.7174 million, 397.2942 million, 147.4035 million. These values correspond to 23.13%, 11.42%, 10.15%, 8.37%, 3.11% of NEW ZEALAND's total exports and, respectively, were up 158.98%, down 8.54%, up 6.23%, up 14.57%, down 5.99% comparing to the same period of last year.


2. Current year until 202301, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202301, NEW ZEALAND-China binational exports and imports of goods amounted to 1966.1203 million and were down 1.03% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 983.4726 million and up 2.91%, imports from China to NEW ZEALAND were 982.6478 million and down 4.68%. The total binational trade surplus was 0.8248 million and down 101.10%.

During the urrent year until 202301, commodities with hs2 code, 04, 85, 02, 84, 44, were binational trade's top five traded commodities. They correspond to import and export values of 373.3782 million, 204.4511 million, 192.1672 million, 160.2241 million, 116.6472 million and makes up 18.99%, 10.40%, 9.77%, 8.15%, 5.93% of the total binational imports and exports. These values were also up 7.92%, up 9.99%, down 17.75%, down 19.23%, up 21.06% comparing to the same period last year.

During the current year until 202301, 04, 02, 44, 19, 35 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 373.1109 million, 192.1658 million, 107.9983 million, 69.9770 million, 38.8396 million. These values account for 37.94%, 19.54%, 10.98%, 7.12%, 3.95% of NEW ZEALAND's total exports and were up 7.88%, down 17.75%, up 28.33%, up 100.25%, up 33.68% comparing to the same period of last year.

During the current year until 202301, 85, 84, 94, 39, 87 were NEW ZEALAND's top five traded commodities importing from China , with import values of 203.8824 million, 158.9482 million, 53.7074 million, 47.9971 million, 45.2056 million. These values account for 20.75%, 16.18%, 5.47%, 4.88%, 4.60% of NEW ZEALAND's total imports and were up 10.96%, down 19.12%, down 14.20%, down 3.41%, down 27.53% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand