2022
Exports
$6.99BWorld Rnk 1 / 166
Flag Rnk 1 / 1168
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$52.6MWorld Rnk 72 / 224
Flag Rnk 182 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $6.99B 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 ($2.23B), Indonesia ($613M), Algeria ($497M), United Arab Emirates ($351M), and Thailand ($350M).

The fastest growing export markets for Concentrated Milk of New Zealand between 2021 and 2022 were Algeria ($334M), Indonesia ($316M), and Thailand ($87.4M).

Imports In 2022, New Zealand imported $52.6M in Concentrated Milk, becoming the 72nd largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 182nd most imported product in New Zealand. New Zealand imports Concentrated Milk primarily from: United Arab Emirates ($19.3M), Australia ($14.1M), Spain ($5.74M), New Zealand ($2.89M), and Italy ($2.84M).

The fastest growing import markets in Concentrated Milk for New Zealand between 2021 and 2022 were United Arab Emirates ($5.31M), Spain ($2.89M), and New Zealand ($1.66M).

Latest Trends

May 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 Concentrated Milk. 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)$6.99B
IMPORTS (2022)$52.6M
NET TRADE (2022)$6.94B

In 2022, New Zealand exported $6.99B in Concentrated Milk. The main destinations of New Zealand exports on Concentrated Milk were China ($2.23B), Indonesia ($613M), Algeria ($497M), United Arab Emirates ($351M), and Thailand ($350M).

In 2022, New Zealand imported $52.6M in Concentrated Milk, mainly from United Arab Emirates ($19.3M), Australia ($14.1M), Spain ($5.74M), New Zealand ($2.89M), and Italy ($2.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Algeria$334M (205%)
Indonesia$316M (106%)
Thailand$87.4M (33.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY New Zealand WERE (2021 - 2022):
China-$1.2B (-35%)
Sri Lanka-$112M (-43.9%)
Burma-$16.4M (-50.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Concentrated Milk were:
In 2022, New Zealand's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $17.7M
TOP IMPORT POTENTIALUnited States+ $1.74M

Concentrated Milk’s highest export potential is Mexico. With an export gap of $17.7M.   Concentrated Milk’s highest import potential is United States with an import gap of $1.74M.

See methodology.

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