Electromagnets in New Zealand | The Observatory of Economic Complexity

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Exports In 2022, New Zealand exported $72.1M in Electromagnets, making it the 21st largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 76th most exported product in New Zealand. The main destination of Electromagnets exports from New Zealand are: United States ($61.9M), South Korea ($2.99M), Chinese Taipei ($1.84M), Japan ($1.57M), and Germany ($1.4M).

The fastest growing export markets for Electromagnets of New Zealand between 2021 and 2022 were South Korea ($1.93M), United States ($1.18M), and Germany ($883k).

Imports In 2022, New Zealand imported $9.78M in Electromagnets, becoming the 55th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 516th most imported product in New Zealand. New Zealand imports Electromagnets primarily from: United States ($3.46M), China ($2.95M), Australia ($699k), Germany ($533k), and Italy ($354k).

The fastest growing import markets in Electromagnets for New Zealand between 2021 and 2022 were United States ($410k), China ($354k), and Italy ($171k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Electromagnets from New Zealand to the United States.

Feb 2024

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For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electromagnets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$72.1M

IMPORTS (2022)$9.78M

NET TRADE (2022)$62.3M

In 2022, New Zealand exported $72.1M in Electromagnets. The main destinations of New Zealand exports on Electromagnets were United States ($61.9M), South Korea ($2.99M), Chinese Taipei ($1.84M), Japan ($1.57M), and Germany ($1.4M).

In 2022, New Zealand imported $9.78M in Electromagnets, mainly from United States ($3.46M), China ($2.95M), Australia ($699k), Germany ($533k), and Italy ($354k).