New Zealand ImportsMay 2022 Data - 1960-2021 Historical - June Forecast - Calendar

Name: New Zealand Imports
Creator: TRADING ECONOMICS
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Keywords: New Zealand,Imports,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Imports in New Zealand surged 24 percent yar-on-year to NZD 6.7 billion in May of 2022, amid higher purchases of petroleum and products (+39 percent); mechanical machinery and equipment (+15 percent); and fertilizers (+355 percent). Imports rose from all top partners, namely China (25 percent); the EU (12 percent); Australia (18 percent); the US (5.5 percent) and Japan (41 percent). source: Statistics New Zealand

Imports in New Zealand averaged 1851.26 NZD Million from 1960 until 2022, reaching an all time high of 7067.07 NZD Million in December 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 June of 2022.

Imports in New Zealand is expected to be 5450.00 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 5653.00 NZD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	263.00	440.00	NZD Million	May 2022
Current Account	-6143.00	-7340.00	NZD Million	Mar 2022
Current Account to GDP	-2.70	-3.60	percent of GDP	Dec 2020
Exports	6950.00	6160.00	NZD Million	May 2022
Imports	6690.00	5720.00	NZD Million	May 2022
Terms of Trade	1526.00	1517.00	points	Mar 2022
Foreign Direct Investment	2453.00	2508.00	NZD Million	Mar 2022
Capital Flows	4373.00	6785.00	NZD Million	Mar 2022
Tourist Arrivals	54303.00	28624.00		Apr 2022

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).

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	6690.00	5720.00	7067.07	37.85	1960 - 2022	NZD Million	Monthly

Compare Imports by Country

News Stream

New Zealand Imports Hit New Record

Imports to New Zealand jumped 37 percent from a year earlier to an all-time high of NZD 6.73 billion in November 2021, helped by strong domestic demand and rising commodity prices. Purchases were up for mechanical machinery and equipment (36 percent), vehicles, parts, and accessories (32 percent), and petroleum and products (53 percent). Among top trade partners, imports rose from China (45 percent), the EU (38 percent), Australia (28 percent), the US (43 percent), and Japan (8 percent).

2021-12-19

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).

2021-10-26

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.

2021-09-23