Butter in New Zealand

EXPORTS (2018): $2.59B, World Rnk 1 / 123
Flag Rnk 3 / 1137

TOP DESTINATION (2018): $554M, China

FASTEST GROWING MARKET (2017 - 2018): $110M, China

IMPORTS (2018): $3.54M, World Rnk 105 / 214
Flag Rnk 669 / 1191

TOP ORIGIN (2018): $1.13M, India

FASTEST GROWING ORIGIN (2017 - 2018): $198k, United States

ECONOMIC COMPLEXITY of New Zealand (2018): 0.46, Rnk 49 / 137

PRODUCT COMPLEXITY  IN Butter (2018): 0.1, Rnk 506 / 1018

Overview: This page contains the latest trade data of Butter in New Zealand.

Exports: In 2018, New Zealand exported $2.59B in Butter, making it the 1st largest exporter of Butter in the world. At the same year, Butter was the 3rd most exported product in New Zealand. The main destination of Butter exports from New Zealand are: China ($554M), Australia ($195M), Philippines ($170M), Mexico ($117M), and Saudi Arabia ($115M).

The fastest growing export markets for Butter of New Zealand between 2017 and 2018 were China ($110M), Australia ($43.1M), and Japan ($33.7M).

Imports: In 2018, New Zealand imported $3.54M in Butter, becoming the 105th largest importer of Butter in the world. At the same year, Butter was the 669th most imported product in New Zealand. New Zealand imports Butter primarily from: India ($1.13M), Australia ($1.02M), Denmark ($282k), Fiji ($268k), and France ($266k).

The fastest growing import markets in Butter for New Zealand between 2017 and 2018 were United States ($198k), India ($161k), and Ukraine ($87.8k).

Value

EXPORTS (2018): $2.59B

IMPORTS (2018): $3.54M

NET TRADE (2018): $2.59B

In 2018, New Zealand exported $2.59B in Butter. The main destinations of New Zealand exports on Butter were China ($554M), Australia ($195M), Philippines ($170M), Mexico ($117M), and Saudi Arabia ($115M).

In 2018, New Zealand imported $3.54M in Butter, mainly from India ($1.13M), Australia ($1.02M), Denmark ($282k), Fiji ($268k), and France ($266k).

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IN 2018, New Zealand HAD A POSITIVE NET TRADE IN Butter WITH:

  • China, $554M ($554M - $0)
  • Australia, $194M ($195M - $1.02M)
  • Philippines, $170M ($170M - $0)

IN 2018, New Zealand HAD A NEGATIVE NET TRADE IN Butter WITH:

  • India, -$926k ($204k - $1.13M)
  • Ukraine, -$135k ($87.8k - $222k)
  • Ireland, -$19.3k ($0 - $19.3k)
Flow

THE FASTEST GROWING Butter EXPORT MARKETS FOR New Zealand WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY New Zealand WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, New Zealand's main exporting competitors in Butter were:

In 2018, New Zealand's main importing competitors in Butter were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Butter in New Zealand. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the tariffs for Butter in the imports of New Zealand were of 0% around the world.

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