New Zealand Exports

Exports from New Zealand went up 6.6 percent year-on-year to NZD 4.86 billion in October of 2018, a record high for that month. Among main categories, sales were triggered by fruits (+136.5 percent), mostly due to unusually high kiwifruit exports for an October month; meat and edible offal (+19.8 percent) and mechanical machinery & equipment (+23.1 percent). Petroleum products excluding crude oil exports surged 234.4 percent to NZD 72 million. In contrast, exports of milk powder, butter & cheese declined 3.3 percent. Among major export partners, sales grew to China (24.3 percent), Korea (33.0 percent), the UK (39.0 percent), the EU (31.7 percent), Japan (19.7), and the US (17.7 percent) . In contrast, shipments fell to Hong Kong (-43.8 percent), Indonesia (-19.8 percent), and Australia (-4.1 percent). Exports in New Zealand averaged 1358.96 NZD Million from 1951 until 2018, reaching an all time high of 5508.34 NZD Million in December of 2017 and a record low of 19.68 NZD Million in August of 1954.

Exports in New Zealand is expected to be 5250.00 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 3900.00 in 12 months time. In the long-term, the New Zealand Exports is projected to trend around 5100.00 NZD Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-08-23	10:45 PM	Exports	N$5.35B	N$4.88B	N$4.76B	N$5.2B
2018-09-25	10:45 PM	Exports	N$4.05B	N$5.34B	N$4.4B	N$4.3B
2018-10-24	09:45 PM	Exports	N$4.33B	N$3.97B		N$3.6B
2018-11-26	09:45 PM	Exports	N$4.86B	N$4.25B		N$5.6B
2018-12-19	09:45 PM	Exports		N$4.86B		N$4.9B
2019-01-29	09:45 PM	Exports
2019-02-26	09:45 PM	Exports

New Zealand Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-1295.19	-1595.51	1157.64	-1595.51	NZD Million	[+]
Current Account	-1620.00	88.00	1411.00	-6102.00	NZD Million	[+]
Current Account to GDP	-2.80	-2.60	-0.10	-8.90	percent	[+]
Imports	6154.19	5841.52	6154.19	37.85	NZD Million	[+]
Exports	4859.00	4246.01	5508.34	19.68	NZD Million	[+]
External Debt	278453.00	273275.00	278453.00	67673.00	NZD Million	[+]
Terms of Trade	1444.00	1449.00	1472.00	796.00	Index Points	[+]
Capital Flows	-1736.00	393.00	7646.00	-3332.00	NZD Million	[+]
Foreign Direct Investment	-1510.00	486.00	3096.00	-7322.00	NZD Million	[+]
Tourist Arrivals	283568.00	258155.00	513349.00	40.00		[+]
Terrorism Index	0.61	0.23	1.19	0.00		[+]
Weapons Sales	4.00	12.00	75.00	0.00	USD Million	[+]
Crude Oil Production	28.00	25.00	72.00	15.00	BBL/D/1K	[+]

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 December of 2018.