1.  Overview the trade of NEW ZEALAND in goods current year until 202304

According to Dalian Infobank, in 202304, NEW ZEALAND's exports and imports of goods amounted to 8189.2261 million, and were up 2.00% comparing with the same period of last year. Among these, exports were up 1.30% at 4227.3978 million, and imports were up 2.77% at 3961.8284 million. And the corresponding trade surplus was 265.5694 million and down 16.48%.

During the current year until 202304, NEW ZEALAND's total exports and imports of goods were 32224.1155 million and were up 0.86% comparing to the same period of last year. Among these, exports were 14955.4271 million and down 2.36%; imports were 17268.6884 million and up 3.84%. The total trade deficit was 2313.2614 million and up 76.20%.

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 202304, NEW ZEALAND's imports and exports to five countries/territories were 7624.9120 million, 3574.9290 million, 3367.5934 million, 1872.2453 million, 1853.4970 million. These values correspond to 23.66%, 11.09%, 10.45%, 5.81%, 5.75% of NEW ZEALAND's imports and exports, and, respectively, were down 9.09%, down 0.94%, up 6.49%, down 5.79%, up 26.08% comparing to the same period of last year.

Current year until 202304, 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 202304, NEW ZEALAND's exports to these five countries/territories were 4252.0597 million, 1829.9729 million, 1690.2017 million, 850.5942 million, 551.9592 million. These values correspond to 28.43%, 12.24%, 11.30%, 5.69%, 3.69% of NEW ZEALAND's exports and, respectively, were down 2.65%, up 7.32%, up 2.26%, down 6.62%, down 9.08% comparing with the same period of last year.

Current year until 202304, NEW ZEALAND's exports to top five countries/territories CHINA, AUSTRALIA, UNITED STATES, SINGAPORE, 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 202304, NEW ZEALAND's imports from these five countries/territories were 3372.8523 million, 1744.9561 million, 1677.3918 million, 1309.4666 million, 1301.5379 million. These values correspond to 19.53%, 10.10%, 9.71%, 7.58%, 7.54% of NEW ZEALAND's total imports and, respectively, were down 16.08%, down 8.34%, up 11.12%, up 367.91%, up 50.82% comparing with the same period of last year.

During the current year until 202304, the trade surplus of NEW ZEALAND was mainly from CHINA, ALGERIA, UNITED ARAB EMIRATES, HONG KONG CN, SAUDI ARABIA at 879.2074 million, 238.3325 million, 179.5328 million, 169.7061 million, 136.2059 million, and up 152.24%, up 199.96%, down 144.44%, down 12.65%, up 215.61%. And the trade deficits were mainly from SINGAPORE, SOUTH KOREA, GERMANY, MALAYSIA, ITALY at 1034.3141 million, 749.5787 million, 543.6485 million, 502.0165 million, 362.7514 million, and down 1984.66%, up 192.90%, down 1.74%, up 540.23%, up 9.29%.

Current year until 202304, NEW ZEALAND's trade surplus or deficit with top five countries/territories During the current year until 202304,  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 4692.7649 million, 3071.8543 million, 2665.3539 million, 2247.5227 million, 2123.9000 million, which were up 1.04%, up 87.81%, down 2.08%, down 0.84%, down 15.42% comparing with the same period of last year and account for 14.56%, 9.53%, 8.27%, 6.97%, 6.59% of NEW ZEALAND's total imports and exports.

During the current year until 202304, 04, 02, 44, 08, 19 were NEW ZEALAND's top five traded commodities, with total import and export values of 4629.9087 million, 2054.2446 million, 985.4489 million, 666.1517 million, 572.3392 million. These values correspond to 30.96%, 13.74%, 6.59%, 4.45%, 3.83% of NEW ZEALAND's total exports and, respectively, were up 0.76%, down 15.94%, down 9.47%, down 6.66%, up 36.48% comparing to the same period of last year.

During the current year until 202304, 27, 84, 87, 85, 30 were NEW ZEALAND's top five traded commodities, with total import values of 2931.3369 million, 2219.1102 million, 2156.3170 million, 1492.4566 million, 557.4850 million. These values correspond to 16.97%, 12.85%, 12.49%, 8.64%, 3.23% of NEW ZEALAND's total exports and, respectively, were up 115.03%, down 3.98%, down 1.40%, up 4.92%, down 16.91% comparing to the same period of last year.

2. Current year until 202304, NEW ZEALAND binational trade profile

According to Dalian Infobank, during the current year until 202304, NEW ZEALAND-China binational exports and imports of goods amounted to 7624.9120 million and were down 9.09% comparing with the same period of last year. Among these, exports from NEW ZEALAND to China were 4252.0597 million and down 2.65%, imports from China to NEW ZEALAND were 3372.8523 million and down 16.08%. The total binational trade surplus was 879.2074 million and up 152.24%.

During the urrent year until 202304, 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 1419.3788 million, 812.2854 million, 692.0912 million, 655.3687 million, 554.9835 million and makes up 18.62%, 10.65%, 9.08%, 8.60%, 7.28% of the total binational imports and exports. These values were also down 7.44%, down 8.23%, down 0.20%, down 9.14%, down 20.78% comparing to the same period last year.

During the current year until 202304, 04, 02, 44, 19, 08 were the top five traded commodities exported to China from NEW ZEALAND, with export values of 1418.7765 million, 812.2247 million, 628.7501 million, 359.2579 million, 169.0588 million. These values account for 33.37%, 19.10%, 14.79%, 8.45%, 3.98% of NEW ZEALAND's total exports and were down 7.45%, down 8.24%, down 7.53%, up 114.24%, down 2.87% comparing to the same period of last year.

During the current year until 202304, 85, 84, 87, 94, 61 were NEW ZEALAND's top five traded commodities importing from China , with import values of 687.5763 million, 546.9385 million, 249.8615 million, 171.6859 million, 160.2195 million. These values account for 20.39%, 16.22%, 7.41%, 5.09%, 4.75% of NEW ZEALAND's total imports and were up 0.23%, down 20.68%, up 10.44%, down 19.28%, down 7.11% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Statistics New Zealand