Exports from New Zealand were up 17.1% yoy to a new record high of NZD 5953 million in June of 2021, as sales of logs and wood reached a new high, mainly led by logs. Beef exports also reached a new high of NZD 411 million. China continues to receive the largest share of New Zealand exports (32%), namely dairy, logs and meat. source: Statistics New Zealand

Exports in New Zealand averaged 1498.58 NZD Million from 1951 until 2021, reaching an all time high of 5953.03 NZD Million in June of 2021 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 July of 2021.

Exports in New Zealand is expected to be 5777.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Exports is projected to trend around 5895.00 NZD Million in 2022 and 5988.00 NZD Million in 2023, according to our econometric models.

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New Zealand Exports

Actual Previous Highest Lowest Dates Unit Frequency
5953.03 5886.66 5953.03 19.68 1951 - 2021 NZD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-04-28 10:45 PM Mar N$5.68B N$4.5B
2021-05-25 10:45 PM Apr N$5.37B N$5.69B N$5.1B
2021-06-24 10:45 PM May N$5.87B N$5.4B N$5.5B
2021-07-25 10:45 PM Jun N$5.95B N$5.89B N$5.7B

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.
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.
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.
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.

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 32426565.00 25523732.00 NZD May/21
China 1829.62 1741.23 NZD Million May/21
United States 601.36 550.34 NZD Million May/21
Australia 590.99 636.87 NZD Million May/21
Japan 440.64 275.90 NZD Million May/21
South Korea 199.37 176.74 NZD Million May/21
Indonesia 142.51 94.92 NZD Million May/21
Taiwan 141.69 117.05 NZD Million May/21
United Kingdom 141.37 115.97 NZD Million May/21
Malaysia 105.87 75.64 NZD Million May/21
Hong Kong 105.46 111.68 NZD Million May/21
Singapore 102.11 108.29 NZD Million May/21
Thailand 99.23 87.77 NZD Million May/21
Germany 97.59 79.34 NZD Million May/21
Canada 53.54 59.00 NZD Million May/21
India 44.30 37.81 NZD Million May/21
France 44.22 40.62 NZD Million May/21
Mexico 28.53 24.04 NZD Million May/21
Italy 18.50 13.61 NZD Million May/21
Belgium 15.11 14.79 NZD Million May/21

United Nations Comtrade Database
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