New Zealand Imports Jump 25.9% in May
2026-06-18 22:59
By
Chusnul Chotimah
1 min. read
Imports to New Zealand surged 25.9% year-on-year to over a four-year high of NZD 8.1 billion in May 2026, following a downwardly revised 3.0% increase in the previous month.
The surge in import growth was mainly driven by higher purchases of petroleum and petroleum products (up 104%), mechanical machinery and equipment (13.0%), vehicles, parts, and accessories (36.6%), electrical machinery and equipment (18.5%), and optical, medical, and measuring equipment (10.8%).
Meanwhile, purchases declined in food residues, wastes, and fodder (-6.8%) and essential oils, perfumes, and toiletries (-5.3%).
By source, imports from China, Australia, the US, South Korea, and the EU rose by 18.9%, 20.0%, 17.9%, 78.7%, and 15.0%, respectively.
Conversely, imports declined from Malaysia (-24.6%), Indonesia (-34.8%), and India (-20.9%).