Exports in New Zealand increased to 5350 NZD Million in October from 4396 NZD Million in September of 2021. source: Statistics New Zealand

Exports in New Zealand averaged 1514.90 NZD Million from 1951 until 2021, reaching an all time high of 5958.32 NZD Million in June of 2021 and a record low of 19.68 NZD Million in August of 1954. 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 - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Exports in New Zealand is expected to be 5801.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Exports is projected to trend around 5895.00 NZD Million in 2022 and 5988.00 NZD Million in 2023, according to our econometric models.

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New Zealand Exports

Calendar GMT Actual Previous Consensus TEForecast
2021-10-26 09:45 PM Sep N$4.4B N$4.36B
2021-11-24 09:45 PM Oct N$5.35B N$4.36B
2022-01-27 09:45 PM Dec

Related Last Previous Unit Reference
Balance of Trade -1286.00 -2206.00 NZD Million Oct/21
Current Account -1396.00 -3189.00 NZD Million Jun/21
Current Account to GDP -2.70 -3.60 percent of GDP Dec/20
Imports 6640.00 6566.97 NZD Million Oct/21
Exports 5350.00 4396.00 NZD Million Oct/21
Terms of Trade 1536.00 1525.00 points Sep/21
Capital Flows -277.00 -1891.00 NZD Million Jun/21
Foreign Direct Investment 1717.00 2536.00 NZD Million Jun/21
Tourist Arrivals 2310.00 2676.00 Sep/21

News Stream
New Zealand Exports Rise 9.6% YoY in September
Exports from New Zealand grew 9.6 percent from a year earlier to NZD 4,396 million in September of 2021. The increase was mainly explained by a sharp 17 percent rise in sales of milk powder, butter, and cheese (up NZD 128 million), namely milk powder (up NZD 64 million). Other significant increases were seen in meat and edible offal, up NZD 95 million (22 percent), and crude oil, up NZD 62 million (535 percent).
New Zealand Exports Edge Down in August
Exports from New Zealand edged down 0.9 percent from a year earlier to NZD 4,351 million in August of 2021, as August is a typical month of lower values for dairy exports. A large fall in aircraft and parts (down NZD 208 million) was partly offset by rises in other commodities including meat (up NZD 109 million), logs, wood, and wood articles (up NZD 71 million), and mechanical machinery and equipment (up NZD 35 million). “The decrease in the value of aircraft and parts exports was due to the export of planes to the United States in August 2020 for long-term storage as a result of New Zealand’s border closure,” Mr Allen said.
New Zealand Exports Drop 8.5% YoY
Exports from New Zealand dropped 8.5 percent on an annual basis to NZD 4.5 billion in February 2021, recovering modestly from the sharpest fall since March of 2016 recorded in January. The decline was mainly triggered by a 15 percent decrease in milk powder, butter, and cheese exports, down NZD 217 million, driven by a fall in unit values and volumes to most countries excluding China. On the flip side, sales of logs, woods, and wood articles increased NZD 87 million of 28 percent. By destination, exports to China increased by NZD 369 million to NZD 1.5 billion, whereas sales to the United States fell NZD 50 million to NZD 494 million.

New Zealand Exports
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).

New Zealand Exports by Country Last Previous
Fiji 33305698.00 31871108.00 NZD Oct/21
China 1714.74 1304.45 NZD Million Oct/21
Australia 710.46 617.89 NZD Million Oct/21
United States 532.89 578.92 NZD Million Oct/21
Japan 323.08 218.59 NZD Million Oct/21
South Korea 197.50 106.30 NZD Million Oct/21
Singapore 155.26 95.27 NZD Million Oct/21
Taiwan 124.20 84.42 NZD Million Oct/21
United Kingdom 109.75 98.98 NZD Million Oct/21
Hong Kong 105.74 90.43 NZD Million Oct/21
Thailand 105.67 66.22 NZD Million Oct/21
Indonesia 92.47 96.09 NZD Million Oct/21
Malaysia 86.62 72.71 NZD Million Oct/21
Germany 67.05 47.87 NZD Million Oct/21
Canada 54.36 53.27 NZD Million Oct/21
France 46.23 24.67 NZD Million Oct/21
Mexico 34.80 29.46 NZD Million Oct/21
India 29.80 31.81 NZD Million Oct/21
Italy 24.98 24.46 NZD Million Oct/21
Belgium 16.25 16.46 NZD Million Oct/21

United Nations Comtrade Database
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