New Zealand Exports

Exports from New Zealand advanced 8.3 percent year-on-year to NZD 4.82 billion in February 2019, after rising 1.3 percent in January. Exports were mostly boosted by higher sales of milk powder, butter & cheese category, which jumped 24.3 percent to NZD 1346 million. Also, sales of logs and wood climbed 19.8 percent to NZD 472 million. On the other hand, exports of mechanical machinery and equipment decreased 6.3 percent to NZD 126 million and sales of crude oil dropped 70.8 percent to NZD 20 million. By destination, exports went up to China (32.5 percent), the EU (7.4 percent) and Australia (2.1 percent), but fell to South Korea (-18.0 percent), the US (-3.4 percent), and Japan (-2.5 percent). Exports in New Zealand averaged 1375.88 NZD Million from 1951 until 2019, 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 5500.00 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 4900.00 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
2018-12-19	09:45 PM	Exports	N$4.94B	N$4.82B		N$4.9B
2019-01-28	09:45 PM	Exports	N$5.48B	N$4.91B		N$ 5.3B
2019-02-26	09:45 PM	Exports	N$4.4B	N$5.3B	N$4.8B	N$5.1B
2019-03-25	09:45 PM	Exports	N$4.82B	N$4.33B	N$4.7B	N$4.6B
2019-04-25	10:45 PM	Exports		N$4.82B	N$5.3B	N$4.9B
2019-05-23	10:45 PM	Exports
2019-06-24	10:45 PM	Exports

New Zealand Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	11.70	-947.99	1157.64	-1579.92	NZD Million	[+]
Current Account	-3260.00	-6175.00	1411.00	-6175.00	NZD Million	[+]
Current Account to GDP	-2.80	-2.60	-0.10	-8.90	percent	[+]
Imports	4803.93	5279.90	6133.86	37.85	NZD Million	[+]
Exports	4815.63	4331.92	5508.34	19.68	NZD Million	[+]
External Debt	278355.00	280086.00	280086.00	67673.00	NZD Million	[+]
Terms of Trade	1403.00	1447.00	1472.00	796.00	Index Points	[+]
Capital Flows	1382.00	-351.00	7646.00	-3332.00	NZD Million	[+]
Foreign Direct Investment	2246.00	911.00	3096.00	-7322.00	NZD Million	[+]
Tourist Arrivals	417934.00	399346.00	529255.00	40.00		[+]
Terrorism Index	0.29	0.61	1.19	0.00		[+]
Weapons Sales	4.00	12.00	75.00	0.00	USD Million	[+]
Crude Oil Production	23.00	21.00	72.00	15.00	BBL/D/1K	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

New Zealand Exports

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 April of 2019.