2022
Exports
$381MWorld Rnk 19 / 121
Flag Rnk 20 / 1168
2022
PRODUCT COMPLEXITY IN Bovine Meat
-0.66Rnk 747 / 1025
2022
Imports
$11.9MWorld Rnk 69 / 204
Flag Rnk 474 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $381M in Bovine Meat, making it the 19th largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 20th most exported product in New Zealand. The main destination of Bovine Meat exports from New Zealand are: United States ($78.9M), China ($74.5M), Japan ($66.2M), United Arab Emirates ($20.7M), and Singapore ($18.3M).

The fastest growing export markets for Bovine Meat of New Zealand between 2021 and 2022 were Belgium ($4.78M), Singapore ($4.21M), and Kuwait ($2M).

Imports In 2022, New Zealand imported $11.9M in Bovine Meat, becoming the 69th largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 474th most imported product in New Zealand. New Zealand imports Bovine Meat primarily from: Australia ($11.5M), United States ($214k), New Zealand ($154k), Japan ($27.7k), and Uruguay ($2.24k).

The fastest growing import markets in Bovine Meat for New Zealand between 2021 and 2022 were Australia ($5.32M), United States ($205k), and Uruguay ($2.24k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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 Bovine Meat. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$381M
IMPORTS (2022)$11.9M
NET TRADE (2022)$369M

In 2022, New Zealand exported $381M in Bovine Meat. The main destinations of New Zealand exports on Bovine Meat were United States ($78.9M), China ($74.5M), Japan ($66.2M), United Arab Emirates ($20.7M), and Singapore ($18.3M).

In 2022, New Zealand imported $11.9M in Bovine Meat, mainly from Australia ($11.5M), United States ($214k), New Zealand ($154k), Japan ($27.7k), and Uruguay ($2.24k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Belgium$4.78M (265%)
Singapore$4.21M (30%)
Kuwait$2M (35.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY New Zealand WERE (2021 - 2022):
United States-$9.35M (-10.6%)
United Arab Emirates-$2.96M (-12.5%)
United Kingdom-$1.7M (-89%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Bovine Meat were:
In 2022, New Zealand's main importing competitors in Bovine Meat were:

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Trade Value of Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $19.2M
TOP IMPORT POTENTIALUnited States+ $447k

Bovine Meat’s highest export potential is United States. With an export gap of $19.2M.   Bovine Meat’s highest import potential is United States with an import gap of $447k.

See methodology.

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