New Zealand Exports

Exports from New Zealand increased 8.5 percent year-on-year to a record high of NZD 5.81 billion in May 2019, after a downwardly revised 10.8 percent in the previous month and above market consensus of NZD 5.61 billion, mainly driven by higher sales of milk powder, butter & cheese, which jumped 15.2 percent to NZD 1.29 billion. Also, sales rose for preparations of milk, cereals, fluor & starch (41.3 percent); meat & edible offal (1.3 percent); fruit (8.8 percent); and fish, crustaceans, & molluscs (35.3 percent), while exports of mechanical machinery & equipment dropped 3.9 percent. By destination, exports went up to China (29.1 percent), South Korea (15.7 percent), Japan (12.5 percent), and the US (11.8 percent). In contrast, sales fell to Australia (-2.4 percent) and the EU (-8.1 percent). Exports in New Zealand averaged 1391.33 NZD Million from 1951 until 2019, reaching an all time high of 5810 NZD Million in May of 2019 and a record low of 19.68 NZD Million in August of 1954.

Exports in New Zealand is expected to be 4800.00 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 4800.00 in 12 months time. In the long-term, the New Zealand Exports is projected to trend around 5300.00 NZD Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
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$5.7B	N$4.71B	N$5.3B	N$4.9B
2019-05-23	10:45 PM	Exports	N$5.55B	N$5.6B	N$5.35B	N$5.1B
2019-06-24	10:45 PM	Exports	N$5.81B	N$5.5B	N$5.61B	N$5.5B
2019-07-24	10:45 PM	Exports		N$5.81B		N$ 4.8B
2019-08-23	10:45 PM	Exports
2019-09-25	10:45 PM	Exports

New Zealand Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	264.00	383.00	1157.64	-1579.92	NZD Million	[+]
Current Account	680.00	-3260.00	1411.00	-6175.00	NZD Million	[+]
Current Account to GDP	-3.60	-3.00	-0.10	-8.90	percent	[+]
Imports	5541.00	5122.00	6133.86	37.85	NZD Million	[+]
Exports	5805.00	5504.00	5805.00	19.68	NZD Million	[+]
External Debt	278611.00	278355.00	280086.00	67673.00	NZD Million	[+]
Terms of Trade	1414.00	1401.00	1472.00	796.00	Index Points	[+]
Capital Flows	725.00	1382.00	7646.00	-3332.00	NZD Million	[+]
Foreign Direct Investment	-512.00	2246.00	3096.00	-7322.00	NZD Million	[+]
Tourist Arrivals	307400.00	378270.00	529255.00	40.00		[+]
Terrorism Index	0.29	0.61	1.19	0.00		[+]
Weapons Sales	6.00	4.00	75.00	1.00	USD Million	[+]
Crude Oil Production	24.00	22.00	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 June of 2019.