Overview In February 2023, China exported $488M and imported $1.11B from New Zealand, resulting in a negative trade balance of $626M. Between February 2022 and February 2023 the exports of China have decreased by $-21M (-4.14%) from $509M to $488M, while imports decreased by $-35.2M (-3.06%) from $1.15B to $1.11B.
Trade In February 2023, the top exports of China to New Zealand were Computers ($25.3M), Other Furniture ($24.5M), Cars ($22.8M), Mixed Mineral or Chemical Fertilizers ($21.8M), and Knit Sweaters ($21.6M). In February 2023 the top imports of China from New Zealand were Concentrated Milk ($991M), Rough Wood ($166M), Sheep and Goat Meat ($134M), Malt Extract ($108M), and Frozen Bovine Meat ($107M).
Origins In February 2023 the exports of China were mainly from Guangdong Province ($111M), Shanghai Province ($80.2M), Jiangsu Province ($69.9M), Zhejiang Province ($47.2M), and Shandong Province ($45.5M), while imports destinations were mainly Shanghai Province ($189M), Fujian Province ($150M), Guangdong Province ($104M), Tianjin ($103M), and Zhejiang Province ($95.7M).
Growth In February 2023, the decrease in China's year-by-year exports to New Zealand was explained primarily by an decrease in product exports in Seats ($-2.97M or -15.3%), Delivery Trucks ($-2.28M or -33.9%), and Commodities not elsewhere specified ($-1.84M or -20.9%). In February 2023, the decrease in China's year-by-year imports from New Zealand was explained primarily by an decrease in product imports in Cheese ($-26.9M or -46.1%), Rough Wood ($-22M or -11.7%), and Sulfate Chemical Woodpulp ($-15.4M or -74.6%).
China / New Zealand 
