Imports to New Zealand jumped 14.1 percent year-on-year to an all-time high of NZD 6.15 billion in October of 2018. Among main categories, imports were mainly driven petroleum and petroleum products (+68.2 percent), namely crude oil and fuels; electrical machinery and equipment (+19.9 percent), led by cellphones; mechanical machinery & equipment (+11.4 percent) textiles (+33.4 percent), and iron & steel (+26.3 percent). In contrast, sales of vehicles, parts and accessories went down 12.4 percent and those of aircrafts & parts fell 70.9 percent. Among top import partners, purchases were mainly driven by China (+41.4 percent), Korea (+47.7), UAE (+42.4 percent), Malaysia (+40.4 percent) and Australia (15.4 percent). In contrast, imports declined from the United States (-26.7 percent) and the European Union (-1.4 percent). Imports in New Zealand averaged 1632.10 NZD Million from 1960 until 2018, reaching an all time high of 6154.19 NZD Million in October of 2018 and a record low of 37.85 NZD Million in April of 1962.

Imports in New Zealand is expected to be 5700.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in New Zealand to stand at 5450.00 in 12 months time. In the long-term, the New Zealand Imports is projected to trend around 5400.00 NZD Million in 2020, according to our econometric models.

New Zealand Imports
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
2018-08-23 10:45 PM Imports N$5.49B N$5.17B N$5.2B N$5.1B
2018-09-25 10:45 PM Imports N$5.54B N$5.54B N$5.5B N$5.6B
2018-10-24 09:45 PM Imports N$5.89B N$5.44B N$5.7B
2018-11-26 09:45 PM Imports N$6.15B N$5.84B N$6.3B
2018-12-19 09:45 PM Imports N$6.15B N$6.6B
2019-01-29 09:45 PM Imports
2019-02-26 09:45 PM Imports


New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade -1295.19 -1595.51 1157.64 -1595.51 NZD Million [+]
Current Account -1620.00 88.00 1411.00 -6102.00 NZD Million [+]
Current Account to GDP -2.80 -2.60 -0.10 -8.90 percent [+]
Imports 6154.19 5841.52 6154.19 37.85 NZD Million [+]
Exports 4859.00 4246.01 5508.34 19.68 NZD Million [+]
External Debt 278453.00 273275.00 278453.00 67673.00 NZD Million [+]
Terms of Trade 1444.00 1449.00 1472.00 796.00 Index Points [+]
Capital Flows -1736.00 393.00 7646.00 -3332.00 NZD Million [+]
Foreign Direct Investment -1510.00 486.00 3096.00 -7322.00 NZD Million [+]
Tourist Arrivals 283568.00 258155.00 513349.00 40.00 [+]
Terrorism Index 0.61 0.23 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 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). 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6154.19 5841.52 6154.19 37.85 1960 - 2018 NZD Million Monthly




Related

Latest