2022
Exports
$1.06MWorld Rnk 66 / 154
Flag Rnk 570 / 1168
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$14MWorld Rnk 47 / 212
Flag Rnk 434 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $1.06M in Coconut Oil, making it the 66th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 570th most exported product in New Zealand. The main destination of Coconut Oil exports from New Zealand are: Vietnam ($567k), Australia ($296k), Hong Kong ($53.5k), Thailand ($52k), and United States ($27.4k).

The fastest growing export markets for Coconut Oil of New Zealand between 2021 and 2022 were Vietnam ($563k), Thailand ($52k), and Hong Kong ($43k).

Imports In 2022, New Zealand imported $14M in Coconut Oil, becoming the 47th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 434th most imported product in New Zealand. New Zealand imports Coconut Oil primarily from: Malaysia ($10.9M), Philippines ($889k), Solomon Islands ($702k), Australia ($651k), and Indonesia ($458k).

The fastest growing import markets in Coconut Oil for New Zealand between 2021 and 2022 were Malaysia ($1.81M), Australia ($436k), and Philippines ($215k).

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 Coconut Oil. 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)$1.06M
IMPORTS (2022)$14M
NET TRADE (2022)-$13M

In 2022, New Zealand exported $1.06M in Coconut Oil. The main destinations of New Zealand exports on Coconut Oil were Vietnam ($567k), Australia ($296k), Hong Kong ($53.5k), Thailand ($52k), and United States ($27.4k).

In 2022, New Zealand imported $14M in Coconut Oil, mainly from Malaysia ($10.9M), Philippines ($889k), Solomon Islands ($702k), Australia ($651k), and Indonesia ($458k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Vietnam$563k (15.2k%)
Thailand$52k (1%)
Hong Kong$43k (409%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY New Zealand WERE (2021 - 2022):
Australia-$42.8k (-12.6%)
Samoa-$32.9k (-88.3%)
United States-$18.1k (-39.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $82.7k
TOP IMPORT POTENTIALIndonesia+ $1.01M

Coconut Oil’s highest export potential is United States. With an export gap of $82.7k.   Coconut Oil’s highest import potential is Indonesia with an import gap of $1.01M.

See methodology.

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