2021
Exports | Imports
$3.28B | $3.19MWorld Rnk 1 / 150
Flag Rnk 5 / 1169
World Rnk 107 / 221
Flag Rnk 720 / 1198
2021
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 46 / 131
2021
PRODUCT COMPLEXITY IN Butter
-0.15Rnk 597 / 1024

About

Exports In 2021, New Zealand exported $3.28B in Butter, making it the 1st largest exporter of Butter in the world. At the same year, Butter was the 5th most exported product in New Zealand. The main destination of Butter exports from New Zealand are: China ($900M), Australia ($211M), Philippines ($200M), Saudi Arabia ($179M), and Egypt ($174M).

The fastest growing export markets for Butter of New Zealand between 2020 and 2021 were China ($510M), Egypt ($98.9M), and Philippines ($76M).

Imports In 2021, New Zealand imported $3.19M in Butter, becoming the 107th largest importer of Butter in the world. At the same year, Butter was the 720th most imported product in New Zealand. New Zealand imports Butter primarily from: Australia ($1.41M), India ($1.23M), France ($253k), Fiji ($126k), and Denmark ($110k).

The fastest growing import markets in Butter for New Zealand between 2020 and 2021 were Australia ($914k), United Arab Emirates ($4.05k), and Syria ($1.17k).

Latest Trends

Dec 2023

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 Butter. 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 (2021)$3.28B
IMPORTS (2021)$3.19M
NET TRADE (2021)$3.27B

In 2021, New Zealand exported $3.28B in Butter. The main destinations of New Zealand exports on Butter were China ($900M), Australia ($211M), Philippines ($200M), Saudi Arabia ($179M), and Egypt ($174M).

In 2021, New Zealand imported $3.19M in Butter, mainly from Australia ($1.41M), India ($1.23M), France ($253k), Fiji ($126k), and Denmark ($110k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR New Zealand WERE (2020 - 2021):
China$510M (131%)
Egypt$98.9M (132%)
Philippines$76M (61.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY New Zealand WERE (2020 - 2021):
United States-$27.4M (-28.1%)
Turkey-$7.09M (-75.2%)
Armenia-$2.66M (-29.2%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, New Zealand's main exporting competitors in Butter were:
In 2021, New Zealand's main importing competitors in Butter were:
China $1.05B
France $1.02B
Germany $1.02B

Explore Visualizations

Trade Value of Butter by Exporters

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