Imports in New Zealand increased to 6566.97 NZD Million in September from 6497.59 NZD Million in August of 2021. source: Statistics New Zealand

Imports in New Zealand averaged 1801.37 NZD Million from 1960 until 2021, reaching an all time high of 6566.97 NZD Million in September of 2021 and a record low of 37.85 NZD Million in April of 1962. This page provides the latest reported value for - New Zealand Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Imports - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Imports in New Zealand is expected to be 5458.00 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 Imports is projected to trend around 5555.00 NZD Million in 2022 and 5653.00 NZD Million in 2023, according to our econometric models.

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New Zealand Imports

Calendar GMT Actual Previous Consensus TEForecast
2021-10-26 09:45 PM Sep N$6.57B N$6.5B
2021-11-24 09:45 PM Oct N$6.64B N$6.57B
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
Exports 5350.00 4396.00 NZD Million Oct/21
Imports 6640.00 6566.97 NZD Million Oct/21
Terms of Trade 1536.00 1525.00 points Sep/21
Foreign Direct Investment 1717.00 2536.00 NZD Million Jun/21
Capital Flows -277.00 -1891.00 NZD Million Jun/21
Tourist Arrivals 2310.00 2676.00 Sep/21

News Stream
New Zealand Imports Hit New Record High
Imports to New Zealand jumped 30.5 percent from a year earlier to a fresh all-time high of NZD 6,567 million in September of 2021, the third successive month of record imports. The largest contributor to this rise was vehicles, parts, and accessories, up NZD 269 million (43 percent) to NZD 895 million. September 2021 also saw the highest monthly value of imports of electric vehicles to date, at NZD 53 million. Other significant rises in imports were in mechanical machinery and equipment (up NZD 192 million), and electrical machinery and equipment (up NZD 131 million), with its top contributor being mobile phones (up NZD 60 million).
New Zealand Imports Hit Fresh Record High
Imports to New Zealand jumped 38.4 percent from a year earlier to a record high of NZD 6,495 million in July of 2021 led by a rise in imports of vehicles, parts, and accessories, up NZD 415 million. Other commodities to rise included mechanical machinery and equipment (up NZD 223 million), and petroleum and petrol products (up NZD 207 million). The country contributing the most to the increase in vehicles, parts, and accessories was Japan, up NZD 165 million. This was followed by the European Union, up NZD 64 million.
New Zealand Imports Jump 34.7% to Record High
Imports to New Zealand jumped 34.7 percent from a year earlier to a record high of NZD 6156 million in July of 2021. The largest contributor to this rise was vehicles, parts, and accessories, up NZD 555 million to NZD 919 million. This large increase in vehicle imports is partly due to July 2020 having the lowest value of imports of vehicles for any July month in the past decade. In July 2021 the top trading partner for vehicles was Japan at NZD 276 million, a rise of NZD 151 million compared with July 2020. Second to Japan was the EU at NZD 206 million, a rise of NZD 129 million. There were also large rises in petroleum and products, up NZD 399 million to NZD 570 million. In part this was due to July 2020 seeing the lowest value of imports of petroleum and products (NZD 166 million) since November 2003. Combined, the rise in imports of vehicles and petroleum totalled NZD 953 million, making up 60 percent of the total rise in imports for July 2021.

New Zealand Imports
New Zealand imports mainly vehicles (13 percent), nuclear reactors, boilers, machinery and mechanical appliances (13 percent), fuels (10 percent), electrical machinery and equipment (8 percent), plastics (4 percent) and aircraft, spacecraft (4 percent). Its major import partners are: China (20 percent of total imports), Australia and the US (12 percent each), Japan (7 percent), Germany (5 percent), Thailand and South Korea (4 percent each).

United Nations Comtrade Database
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