2022
Exports
$11.2MWorld Rnk 40 / 179
Flag Rnk 231 / 1168
2022
PRODUCT COMPLEXITY IN Compasses
0.89Rnk 212 / 1025
2022
Imports
$29.9MWorld Rnk 36 / 211
Flag Rnk 293 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $11.2M in Compasses, making it the 40th largest exporter of Compasses in the world. At the same year, Compasses was the 231st most exported product in New Zealand. The main destination of Compasses exports from New Zealand are: Italy ($2.74M), United States ($2.45M), Netherlands ($1.57M), Australia ($1.19M), and Singapore ($686k).

The fastest growing export markets for Compasses of New Zealand between 2021 and 2022 were Italy ($2.68M), United States ($1.36M), and Netherlands ($509k).

Imports In 2022, New Zealand imported $29.9M in Compasses, becoming the 36th largest importer of Compasses in the world. At the same year, Compasses was the 293rd most imported product in New Zealand. New Zealand imports Compasses primarily from: United States ($11.4M), Australia ($4.33M), Mexico ($2.95M), France ($2.18M), and Netherlands ($1.49M).

The fastest growing import markets in Compasses for New Zealand between 2021 and 2022 were United States ($3.25M), Germany ($978k), and Netherlands ($754k).

Latest Trends

Jul 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 Compasses. 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)$11.2M
IMPORTS (2022)$29.9M
NET TRADE (2022)-$18.8M

In 2022, New Zealand exported $11.2M in Compasses. The main destinations of New Zealand exports on Compasses were Italy ($2.74M), United States ($2.45M), Netherlands ($1.57M), Australia ($1.19M), and Singapore ($686k).

In 2022, New Zealand imported $29.9M in Compasses, mainly from United States ($11.4M), Australia ($4.33M), Mexico ($2.95M), France ($2.18M), and Netherlands ($1.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Italy$2.68M (4.71k%)
United States$1.36M (125%)
Netherlands$509k (48.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY New Zealand WERE (2021 - 2022):
Singapore-$247k (-26.5%)
Tuvalu-$170k (-100%)
Belgium-$160k (-71.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.07M
TOP IMPORT POTENTIALUnited Kingdom+ $555k

Compasses’s highest export potential is United States. With an export gap of $1.07M.   Compasses’s highest import potential is United Kingdom with an import gap of $555k.

See methodology.

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