New Zealand Imports Jump 28.4%

Imports to New Zealand surged 28.4% year-on-year to NZD 9.34 billion in July 2026, following a downwardly revised 27.5% jump in the previous month. The surge in import growth was mainly driven by higher purchases of petroleum and petroleum products (up 127.0%).

Imports to New Zealand surged 27.8% year-on-year to NZD 8.07 billion in June 2026, following a 25.9% rise in the previous month. The surge in import growth was mainly driven by higher purchases of petroleum and petroleum products (up 99.7%), mechanical machinery and equipment (22.5%), vehicles, parts, and accessories (11.5%), electrical machinery and equipment (35.8%), and optical, medical, and measuring equipment (9.6%). Meanwhile, purchases fell for food residues, wastes, and fodder (-39.2%) and precious metals, jewellery, and coins (-13.5%). By source, imports increased from China (32.1%), Australia (23.5%), South Korea (41.2%), Japan (33.7%), Singapore (127.4%), and the EU (23.5%). By contrast, purchases dropped from the US (-7.0%), the UK (-8.9%), and Indonesia (-23.4%).

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%).