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Monitor Report of NEW ZEALAND trade and NEW ZEALAND-China binational trade in 202009

 1.  Overview the trade of NEW ZEALAND in goods current year until 202009

According to Dalian Infobank, in 202009NEW ZEALAND's exports and imports of goods amounted to 5953.7053 million, and were down 5.76% comparing with the same period of last year. Among these, exports were down 3.80% at 2641.4730 million, and imports were down 7.26% at 3312.2323 million. And the corresponding trade deficit was 670.7592 million and down 18.77%.

During the current year until 202009, NEW ZEALAND's total exports and imports of goods were 55118.0843 million and were down 8.97% comparing to the same period of last year. Among these, exports were 28427.8894 million and down 3.02%; imports were 26690.1950 million and down 14.56%. The total trade surplus was 1737.6944 million and down 190.25%.

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 202009, NEW ZEALAND's imports and exports to five countries/territories were 13101.2511 million, 7104.7472 million, 5802.8999 million, 3245.6117 million, 2260.9018 million. These values correspond to 23.77%, 12.89%, 10.53%, 5.89%, 4.10% of NEW ZEALAND's imports and exports, and, respectively, were down 4.67%, down 9.63%, down 2.13%, down 17.13%, up 8.98% comparing to the same period of last year.

Current year until 202009, 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 202009, NEW ZEALAND's exports to these five countries/territories were 7272.7096 million, 3872.0608 million, 3187.2280 million, 1791.4641 million, 859.6692 million. These values correspond to 25.58%, 13.62%, 11.21%, 6.30%, 3.02% of NEW ZEALAND's exports and, respectively, were down 4.46%, down 9.05%, up 11.81%, down 0.62%, down 0.03% comparing with the same period of last year.

Current year until 202009, 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 202009, NEW ZEALAND's imports from these five countries/territories were 5828.5415 million, 3232.6865 million, 2615.6719 million, 1454.1475 million, 1401.2326 million. These values correspond to 21.84%, 12.11%, 9.80%, 5.45%, 5.25% of NEW ZEALAND's total imports and, respectively, were down 4.92%, down 10.31%, down 15.03%, down 31.21%, up 15.36% comparing with the same period of last year.

During the current year until 202009, the trade surplus of NEW ZEALAND was mainly from CHINA, AUSTRALIA, OTHER COUNTRIES, UNITED STATES, HONG KONG at 1444.1682 million, 639.3743 million, 634.2472 million, 571.5561 million, 510.2017 million, and down 2.56%, down 2.10%, down 4.74%, down 350.90%, down 16.80%. And the trade deficits were mainly from GERMANY, THAILAND, SOUTH KOREA, ITALY, UNITED ARAB EMIRATES at 837.9018 million, 555.5368 million, 541.5634 million, 483.7893 million, 286.1974 million, and down 40.12%, down 34.56%, up 52.66%, down 12.46%, down 68.01%.

Current year until 202009, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 04, 84, 02, 87, 85, were NEW ZEALAND's top five traded commodities. They correspond to the import and export values of 7536.8812 million, 4705.2053 million, 4194.0750 million, 2941.6548 million, 2865.5259 million, which were up 2.31%, down 11.77%, up 0.43%, down 33.74%, down 5.81% comparing with the same period of last year and account for 13.67%, 8.54%, 7.61%, 5.34%, 5.20% of NEW ZEALAND's total imports and exports.

During the current year until 202009, 04, 02, 08, 44, 19 were NEW ZEALAND's top five traded commodities, with total import and export values of 7363.7264 million, 4033.8217 million, 2305.1898 million, 2066.7570 million, 1165.7008 million. These values correspond to 25.90%, 14.19%, 8.11%, 7.27%, 4.10% of NEW ZEALAND's total exports and, respectively, were up 2.48%, up 0.25%, up 10.94%, down 18.66%, up 2.16% comparing to the same period of last year.

During the current year until 202009, 84, 87, 27, 85, 39 were NEW ZEALAND's top five traded commodities, with total import values of 3922.5318 million, 2822.9197 million, 2449.4745 million, 2387.6360 million, 1042.9563 million. These values correspond to 14.70%, 10.58%, 9.18%, 8.95%, 3.91% of NEW ZEALAND's total exports and, respectively, were down 11.42%, down 34.43%, down 31.71%, down 5.62%, down 7.58% comparing to the same period of last year.


2. Current year until 202009, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202009, NEW ZEALAND-China binational exports and imports of goods amounted to 13101.2511 million and were down 4.67% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 7272.7096 million and down 4.46%, imports from China to NEW ZEALAND were 5828.5415 million and down 4.92%. The total binational trade surplus was 1444.1682 million and down 2.56%.

During the urrent year until 202009, commodities with hs2 code, 04, 02, 44, 84, 85, were binational trade's top five traded commodities. They correspond to import and export values of 2125.5815 million, 1378.6454 million, 1219.3555 million, 1128.8532 million, 1105.4926 million and makes up 16.22%, 10.52%, 9.31%, 8.62%, 8.44% of the total binational imports and exports. These values were also up 10.92%, down 12.26%, down 20.58%, up 2.60%, down 2.13% comparing to the same period last year.

During the current year until 202009, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 2124.4915 million, 1378.6359 million, 1177.6348 million, 474.5101 million, 446.4389 million. These values account for 29.21%, 18.96%, 16.19%, 6.52%, 6.14% of NEW ZEALAND's total exports and were up 10.92%, down 12.26%, down 20.81%, up 19.62%, up 0.80% comparing to the same period of last year.

During the current year until 202009, 84, 85, 94, 39, 73 were NEW ZEALAND's top five traded commodities importing from China , with import values of 1108.1762 million, 1094.8315 million, 331.3346 million, 319.3066 million, 251.7798 million. These values account for 19.01%, 18.78%, 5.68%, 5.48%, 4.32% of NEW ZEALAND's total imports and were up 3.73%, down 2.01%, down 18.36%, up 3.17%, down 10.52% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Statistics New Zealand