Exports from New Zealand dropped 8.5 percent on an annual basis to NZD 4.5 billion in February 2021, recovering modestly from the sharpest fall since March of 2016 recorded in January. The decline was mainly triggered by a 15 percent decrease in milk powder, butter, and cheese exports, down NZD 217 million, driven by a fall in unit values and volumes to most countries excluding China. On the flip side, sales of logs, woods, and wood articles increased NZD 87 million of 28 percent. By destination, exports to China increased by NZD 369 million to NZD 1.5 billion, whereas sales to the United States fell NZD 50 million to NZD 494 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 April of 2021.

Exports in New Zealand is expected to be 5300.00 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 5400.00 in 12 months time. In the long-term, the New Zealand Exports is projected to trend around 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
4473.00 4200.00 5814.84 19.68 1951 - 2021 NZD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
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
2021-02-25 09:45 PM Jan N$4.19B N$5.38B N$4.6B
2021-03-23 09:45 PM Feb N$4.47B N$4.2B N$4.5B


News Stream
New Zealand Exports Drop 8.5% YoY
Exports from New Zealand dropped 8.5 percent on an annual basis to NZD 4.5 billion in February 2021, recovering modestly from the sharpest fall since March of 2016 recorded in January. The decline was mainly triggered by a 15 percent decrease in milk powder, butter, and cheese exports, down NZD 217 million, driven by a fall in unit values and volumes to most countries excluding China. On the flip side, sales of logs, woods, and wood articles increased NZD 87 million of 28 percent. By destination, exports to China increased by NZD 369 million to NZD 1.5 billion, whereas sales to the United States fell NZD 50 million to NZD 494 million.
2021-03-23
New Zealand Exports Plunge 10% YoY
Exports from New Zealand dropped 10 percent on an annual basis to NZD 4.2 billion in January 2021, falling the most since March of 2016. The decline was mainly explained by a sharp 18 percent drop in sales of meat & edible offal (down NZD 141 million) and an 11 percent decline in exports of milk powder, butter & cheese, (down NZD 172 million). Also, sales of preparations of milk, cereals, flour & starch declined 41 percent to NZD 64 million. On the flip side, sales of respiratory equipment jumped NZD 32 million or 86 percent. By destination, exports to China increased by NZD 31 million to NZD 1.3 billion, whereas sales to the US decreased by NZD 77 million to NZD 407 million.
2021-02-25
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
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 26906928.00 26921506.00 NZD Feb/21
China 1470.11 1292.94 NZD Million Feb/21
Australia 541.96 570.01 NZD Million Feb/21
United States 493.95 406.65 NZD Million Feb/21
Japan 205.16 204.47 NZD Million Feb/21
United Kingdom 109.10 89.89 NZD Million Feb/21
Indonesia 103.51 100.19 NZD Million Feb/21
South Korea 96.79 125.87 NZD Million Feb/21
Malaysia 79.79 71.09 NZD Million Feb/21
Taiwan 77.65 87.16 NZD Million Feb/21
Singapore 71.94 80.09 NZD Million Feb/21
Thailand 70.72 70.97 NZD Million Feb/21
Hong Kong 68.73 53.27 NZD Million Feb/21
Canada 55.68 54.11 NZD Million Feb/21
Germany 54.04 54.36 NZD Million Feb/21
France 42.21 30.19 NZD Million Feb/21
India 37.29 22.05 NZD Million Feb/21
Mexico 26.89 32.61 NZD Million Feb/21
Italy 16.53 13.31 NZD Million Feb/21
Belgium 15.90 6.60 NZD Million Feb/21

United Nations Comtrade Database
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