New Zealand Exports

Exports from New Zealand increased 2.8 percent year-on-year to NZD 5.01 billion in June 2019, after a downwardly revised 7.4 percent gain in the previous month but below market consensus of NZD 5.29 billion. Exports were mainly driven by higher sales of logs, wood and wood articles, which rose 16 percent to NZD 472 million. Additionally, sales of milk powder, butter & cheese advanced 3.5 percent to NZD 1.15 billion; and exports of meat and edible offal went up 2.5 percent to NZD 0.6 percent. Meantime, sales of petroleum and products other than crude oil dropped 97 percent to NZD 3 million. By destination, exports went up to China (27.1 percent), Malaysia (18.6 percent), and Japan (2.6 percent). In contrast, sales went down to the EU (-15.7 percent), Australia (-6.8 percent), the US (-6.3 percent) and South Korea (-5.0 percent). Exports in New Zealand averaged 1395.66 NZD Million from 1951 until 2019, reaching an all time high of 5743.83 NZD Million in May of 2019 and a record low of 19.68 NZD Million in August of 1954.

Exports in New Zealand is expected to be 3900.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in New Zealand to stand at 5100.00 in 12 months time. In the long-term, the New Zealand Exports is projected to trend around 5300.00 NZD Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2019-04-25	10:45 PM	Exports Mar	N$5.7B	N$4.71B	N$5.3B	N$4.9B
2019-05-23	10:45 PM	Exports Apr	N$5.55B	N$5.6B	N$5.35B	N$5.1B
2019-06-24	10:45 PM	Exports May	N$5.81B	N$5.5B	N$5.61B	N$5.5B
2019-07-23	10:45 PM	Exports Jun	N$5.01B	N$5.74B	N$5.29B	N$5.9B
2019-08-25	10:45 PM	Exports Jul		N$5.01B
2019-09-24	10:45 PM	Exports Aug
2019-10-22	09:45 PM	Exports Sep				N$ 3.9B

New Zealand Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	365.45	174.87	1157.64	-1579.92	NZD Million	[+]
Current Account	680.00	-3260.00	1411.00	-6175.00	NZD Million	[+]
Current Account to GDP	-3.60	-3.00	-0.10	-8.90	percent	[+]
Imports	4648.29	5568.97	6133.86	37.85	NZD Million	[+]
Exports	5013.73	5743.83	5743.83	19.68	NZD Million	[+]
External Debt	278611.00	278355.00	280086.00	67673.00	NZD Million	[+]
Terms of Trade	1414.00	1401.00	1472.00	796.00	Index Points	[+]
Capital Flows	725.00	1382.00	7646.00	-3332.00	NZD Million	[+]
Foreign Direct Investment	-512.00	2246.00	3096.00	-7322.00	NZD Million	[+]
Tourist Arrivals	213500.00	219331.00	529255.00	40.00		[+]
Terrorism Index	0.29	0.61	1.19	0.00		[+]
Weapons Sales	6.00	4.00	75.00	1.00	USD Million	[+]
Crude Oil Production	27.00	27.00	72.00	15.00	BBL/D/1K	[+]
Global Dairy Trade Price Index	-0.20	-2.60	22.60	-14.00	percent	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

New Zealand’s economy is greatly dependent on international trade. It’s been based traditionally on exports from its very efficient agricultural system. The country exports mainly dairy produce, birds' eggs, natural honey, edible products of animal origin (24 percent of total exports), meat and edible meat offal (14 percent), wood and articles of wood (7 percent), fruit and nuts, peel of citrus fruit or melons (5 percent) and beverages, spirits and vinegar (4 percent). The main export partners are China (18 percent of total exports), Australia (17 percent), the US (12 percent), Japan (6 percent), the UK and South Korea (3 percent each). This page provides the latest reported value for - New Zealand Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Exports - actual data, historical chart and calendar of releases - was last updated on August of 2019.