Exports edged down 0.5 percent year-on-year to NZD 5.48 billion. It was the second-highest value on record for monthly total exports, the previous high was in December 2017. Sales were mainly dragged by meat & edible offal (-9.7 percent to NZD 649 million); aluminium & aluminium articles (-40.9 percent to NZD 101 million); and milk powder, butter & cheese (-0.9 percent to NZD 1860 million). In contrast, exports rose for crude oil (117.2 percent to NZD 146 million) and preparation of milk, cereals, flour & starch (54 percent to NZD 190 million). Among top trade partners, sales dropped to the US (-8.8 percent); Japan (-19.5 percent) and South Korea (-7.5 percent). On the other hand, exports to China (+14.3 percent); Australia (+14.4 percent) and the UK (+13.2 percent) increased. Exports in New Zealand averaged 1368.34 NZD Million from 1951 until 2018, 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.

New Zealand Exports
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-10-24 09:45 PM Exports N$4.33B N$3.97B N$3.6B
2018-11-26 09:45 PM Exports N$4.86B N$4.25B N$5.6B
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$5.48B N$5.1B
2019-03-25 09:45 PM Exports
2019-04-25 10:45 PM Exports N$ 5.5B


New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade 264.39 -954.70 1157.64 -1579.92 NZD Million [+]
Current Account -6150.00 -1631.00 1411.00 -6150.00 NZD Million [+]
Current Account to GDP -2.80 -2.60 -0.10 -8.90 percent [+]
Imports 5216.95 5864.26 6133.94 37.85 NZD Million [+]
Exports 5481.35 4909.55 5508.34 19.68 NZD Million [+]
External Debt 280086.00 278453.00 280086.00 67673.00 NZD Million [+]
Terms of Trade 1444.00 1449.00 1472.00 796.00 Index Points [+]
Capital Flows -320.00 -1736.00 7646.00 -3332.00 NZD Million [+]
Foreign Direct Investment 684.00 -1510.00 3096.00 -7322.00 NZD Million [+]
Tourist Arrivals 529300.00 385789.00 529300.00 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 28.00 25.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5481.35 4909.55 5508.34 19.68 1951 - 2018 NZD Million Monthly




Related

Latest