HS Icon Butter in  Flag New Zealand

2021
Exports | Imports
: $3.28B | $3.19M, World Rnk 1 / 150
Flag Rnk 5 / 1169 | World Rnk 107 / 221
Flag Rnk 720 / 1198

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $510M | $914k, China |  Australia

2021
ECONOMIC COMPLEXITY of New Zealand
: 0.46, Rnk 46 / 131

2021
PRODUCT COMPLEXITY IN Butter
: -0.11, Rnk 585 / 1029

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).

Subnational Monthly Trade

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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

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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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THE FASTEST GROWING Butter EXPORT MARKETS FOR New Zealand WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY New Zealand WERE (2020 - 2021):

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Market Concentration

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In 2021, New Zealand's main exporting competitors in Butter were:

In 2021, New Zealand's main importing competitors in Butter were:

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