Exports from New Zealand dropped 2.7 percent on an annual basis to NZD 5.3 billion in December of 2020. The decline was mainly explained by a sharp drop in sales of milk powder, butter & cheese, down NZD 377 million or 19 percent. Also, sales of crude oil plummeted by NZD 62 million or 77 percent, while meat and offal exports declined NZD 50 million (or 6.3 percent). On the flip side, sales of respiratory equipment jumped NZD 93 million or 104 percent. By destination, exports to China declined by NZD 97 million to NZD 1.8 billion, whereas sales to the US increased by NZD 60 million to NZD 526 million. source: Statistics New Zealand

Exports in New Zealand averaged 1466.97 NZD Million from 1951 until 2020, reaching an all time high of 5814.84 NZD Million in March of 2020 and a record low of 19.68 NZD Million in August of 1954. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Exports in New Zealand is expected to be 5100.00 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 5200.00 in 12 months time. In the long-term, the New Zealand Exports is projected to trend around 5400.00 NZD Million in 2021 and 5600.00 NZD Million in 2022, according to our econometric models.

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New Zealand Exports

Actual Previous Highest Lowest Dates Unit Frequency
5349.00 5210.00 5814.84 19.68 1951 - 2020 NZD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-10-26 09:45 PM Sep N$4.01B N$4.41B N$ 4.1B
2020-11-25 09:45 PM Oct N$4.78B N$4.01B N$4.3B
2020-12-17 09:45 PM Nov N$5.2B N$4.8B
2021-01-27 09:45 PM Dec N$5.35B N$5.21B


News Stream
New Zealand Exports Drop 2.7% YoY
Exports from New Zealand dropped 2.7 percent on an annual basis to NZD 5.3 billion in December of 2020. The decline was mainly explained by a sharp drop in sales of milk powder, butter & cheese, down NZD 377 million or 19 percent. Also, sales of crude oil plummeted by NZD 62 million or 77 percent, while meat and offal exports declined NZD 50 million (or 6.3 percent). On the flip side, sales of respiratory equipment jumped NZD 93 million or 104 percent. By destination, exports to China declined by NZD 97 million to NZD 1.8 billion, whereas sales to the US increased by NZD 60 million to NZD 526 million.
2021-01-27
New Zealand Exports Drop 0.2% YoY
Exports from New Zealand dropped 0.2 percent on an annual basis to NZD 5.2 billion in November of 2020. Sales of meat and offal exports declined NZD 73 million (or 11 percent). Meanwhile, beef and sheep meat export values dropped NZD 39 million and NZD 29 million, respectively, dragged by a decline in prices. Other declining categories included crude oil (down NZD 33 million), and mechanical machinery & equipment (down NZD 28 million), while dairy product exports were little changed (down 0.3 percent) at NZD 1.8 billion. By destination, sales to China increased 8 percent and to the United States 15.2 percent, whereas exports to Australia plunged 17.7 percent and to South Korea 19.4 percent.
2020-12-17
New Zealand Exports Drop 4.4% YoY
Exports from New Zealand dropped 4.4 percent over a year earlier to NZD 4.78 billion in October of 2020. The biggest declines were milk powder, butter, and cheese, down NZD 198 million (or 14 percent), and meat, down NZD 112 million (or 19 percent), dragged by lower values for sheep meat. In contrast, wood exports were up NZD 84 million (or 22 percent), while those of aircraft and parts exports increased NZD 69 million (617 percent), as aircraft have been sent to the United States for long-term storage as New Zealand’s border closure restricts international travel. Exports to China fell NZD 58 million to NZD 1.4 billion, whereas sales to the US rose by NZD 69 million to NZD 471 million.
2020-11-25
New Zealand Exports Drop to Over 2-Year Low in September
Exports from New Zealand dropped 8 percent over a year earlier to an over two-year low of NZD 4.0 billion in September of 2020, driven by lower sales of crude oil (down NZD 110 million or 90.4 percent); milk powder, butter & cheese (down NZD 97 million or 11.1 percent); and preparations of milk, cereals, flour and starch (down NZD 53 million or 26.4 percent). In contrast, exports increased for respiratory equipment (up NZD 44 million or 51 percent); aircraft & parts (up NZD 40 million or 541.2 percent); and fruits (up NZD 29 million or 10.5 percent). Among major trading partners, sales declined to China (-14.4 percent), Australia (-12.3 percent) and Japan (-13 percent), but surged 31.3 percent to the US. Considering the third quarter of the year, exports from New Zealand rose 0.8 percent to NZD 13.4 billion from 15.8 billion in the prior period.
2020-10-26

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).
New Zealand Exports by Country Last Previous
Fiji 32794162.00 35541263.00 NZD Dec/20
China 1803.24 2017.78 NZD Million Dec/20
Australia 744.82 614.11 NZD Million Dec/20
United States 526.39 530.49 NZD Million Dec/20
Japan 235.00 258.50 NZD Million Dec/20
South Korea 146.23 104.80 NZD Million Dec/20
Hong Kong 115.81 92.01 NZD Million Dec/20
United Kingdom 113.57 103.33 NZD Million Dec/20
Taiwan 102.56 71.85 NZD Million Dec/20
Singapore 101.30 101.48 NZD Million Dec/20
Germany 78.61 54.27 NZD Million Dec/20
Malaysia 75.58 91.50 NZD Million Dec/20
Indonesia 73.57 116.50 NZD Million Dec/20
Thailand 67.95 75.86 NZD Million Dec/20
Canada 58.84 55.32 NZD Million Dec/20
France 52.89 54.74 NZD Million Dec/20
India 37.98 27.54 NZD Million Dec/20
Mexico 31.80 26.96 NZD Million Dec/20
Italy 22.46 19.52 NZD Million Dec/20
Belgium 11.41 9.68 NZD Million Dec/20

United Nations Comtrade Database
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