Imports to New Zealand slumped 22 percent from a year ago to a four-year low of NZD 3.99 billion in April 2020. It was the second sharpest fall on record, amid lockdowns due to the coronavirus pandemic. Purchases dropped for petroleum & products (-57.8 percent to NZD 0.26 billion), namely crude oil (-77 percent); vehicles, parts & accessories (-38.4 percent to NZD 0.44 billion), of which cars (-52 percent) and trucks and vans (-52 percent); and electrical mechanical machinery & equipment (-31.9 percent to NZD 0.31 billion). Among major trading partners, shipments declined from the US (-9.4 percent), Australia (-16.4 percent) and the EU (-40 percent), but rose from China (7.8 percent).

Imports in New Zealand averaged 1721.32 NZD Million from 1960 until 2020, reaching an all time high of 6133.86 NZD Million in October of 2018 and a record low of 37.85 NZD Million in April of 1962. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Statistics New Zealand

Imports in New Zealand is expected to be 4900.00 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 5100.00 in 12 months time. In the long-term, the New Zealand Imports is projected to trend around 5300.00 NZD Million in 2021 and 5400.00 NZD Million in 2022, according to our econometric models.

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New Zealand Imports

Actual Previous Highest Lowest Dates Unit Frequency
3994.30 5092.58 6133.86 37.85 1960 - 2020 NZD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-26 09:45 PM Jan N$5.07B N$5.12B N$5.3B
2020-03-24 09:45 PM Feb N$4.33B N$5.1B N$4.8B
2020-04-28 10:45 PM Mar N$5.14B N$4.34B N$ 4.5B
2020-05-25 10:45 PM Apr N$3.99B N$5.09B N$4.7B
2020-06-24 10:45 PM May N$3.99B
2020-07-23 10:45 PM Jun N$ 4.9B
2020-08-25 10:45 PM Jul
2020-09-24 10:45 PM Aug


News Stream
New Zealand Imports Plunge to a 4-Year Low in April
Imports to New Zealand slumped 22 percent from a year ago to a four-year low of NZD 3.99 billion in April 2020. It was the second sharpest fall on record, amid lockdowns due to the coronavirus pandemic. Purchases dropped for petroleum & products (-57.8 percent to NZD 0.26 billion), namely crude oil (-77 percent); vehicles, parts & accessories (-38.4 percent to NZD 0.44 billion), of which cars (-52 percent) and trucks and vans (-52 percent); and electrical mechanical machinery & equipment (-31.9 percent to NZD 0.31 billion). Among major trading partners, shipments declined from the US (-9.4 percent), Australia (-16.4 percent) and the EU (-40 percent), but rose from China (7.8 percent).
2020-05-25
New Zealand Imports Rebound Sharply in March
Imports to New Zealand rebounded a sharp 7.7 percent from a year ago to NZD 5143 million in March 2020, after declining 9.6 percent in the previous month, driven by higher purchases of petroleum & products (73.6 percent to NZD 918 million) and mechanical machinery & equipment (10.8 percent to NZD 714 million). In contrast, purchases of textiles declined 10.7 percent to NZD 178 million. Among major trading partners, shipments from the US surged 19.9 percent to NZD 585 million, but those from China shrank 10.4 percent to NZD 714 million amid the coronavirus crisis. Considering the first quarter of 2020, imports to New Zealand dropped 2 percent over a year earlier to NZD 14555 million.
2020-04-28
New Zealand Imports Drop for Third Month
Imports to New Zealand fell 9.9 percent from a year ago to NZD 4326 million in February 2020, after declining 3.3 percent in in the previous month, mostly due to double-digit declines in purchases of petroleum and products (-17.8 percent to NZD 405 million), vehicles, parts & accessories (-11.3 percent to NZD 561 million), and textiles (-18.6 percent to NZD 222 million). By destination, imports from China pluned 22.4 percent to NZD 754 million, dragged by supply-chain disruptions related to the coronavirus outbreak. Also, imports from Japan dropped 12.7 percent to NZD 261 million. In contrast, purchases from the US increased 3.5 percent to NZD 502 million.
2020-03-24
New Zealand Imports Fall 4% YoY in January
Imports to New Zealand fell 4 percent from a year ago to NZD 5067 million in January 2020, after declining 3 percent in in the previous month, mostly due to lower purchases of vehicles, parts & accessories (-16.5 percent to NZD 591 million); petroleum & products (-1.6 percent to NZD 684 million); and fertilizers (-47.5 percent to NZD 57 million). On the other hand, shipments of electrical machinery and equipment jumped 13.2 percent to NZD 407 million; and purchases of mechanical machinery and equipment rose 3.8 percent to NZD 794 million. By destination, imports dropped from China (-0.8 percent), Australia (-4.4 percent), the US (-1.8 percent), Japan (-19.8 percent), the EU (-8.8 percent), and South Korea (-23.8 percent).
2020-02-26

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).

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category