Exports In 2020, New Zealand exported $5.92B in Concentrated Milk, making it the 1st largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 1st most exported product in New Zealand. The main destination of Concentrated Milk exports from New Zealand are: China ($2.29B), United Arab Emirates ($304M), Sri Lanka ($280M), Malaysia ($247M), and Algeria ($243M).
The fastest growing export markets for Concentrated Milk of New Zealand between 2019 and 2020 were Indonesia ($37.9M), Sudan ($31.4M), and Saudi Arabia ($26.9M).
Imports In 2020, New Zealand imported $73.5M in Concentrated Milk, becoming the 53rd largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 115th most imported product in New Zealand. New Zealand imports Concentrated Milk primarily from: Australia ($21.2M), Italy ($13.6M), United States ($13.2M), Netherlands ($8.65M), and Germany ($4.86M).
The fastest growing import markets in Concentrated Milk for New Zealand between 2019 and 2020 were Italy ($9.33M), United States ($4.96M), and Germany ($2.81M).
Tariffs In 2017, the average tariff for New Zealand in Concentrated Milk was 2.48%. The countries with the highest import tariffs for Concentrated Milk were Botswana (New Zealand Generalized System of Preference, 4%), Cote d'Ivoire (New Zealand Generalized System of Preference, 4%), Cameroon (New Zealand Generalized System of Preference, 4%), Republic of the Congo (New Zealand Generalized System of Preference, 4%), and Algeria (New Zealand Generalized System of Preference, 4%).