Concentrated Milk in New Zealand 2020 Exports | Imports : $5.92B | $73.5M, World Rnk 1 / 156 Rnk 1 / 1151 | World Rnk 53 / 220 Rnk 115 / 1195
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $37.9M | $9.33M, Indonesia | Italy
2020 ECONOMIC COMPLEXITY of New Zealand: 0.45, Rnk 46 / 127
2020 PRODUCT COMPLEXITY IN Concentrated Milk: -0.72, Rnk 756 / 1029
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%).
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.
EXPORTS (2020): $5.92B
IMPORTS (2020): $73.5M
NET TRADE (2020): $5.85B
In 2020, New Zealand exported $5.92B in Concentrated Milk. The main destinations of New Zealand exports on Concentrated Milk were China ($2.29B), United Arab Emirates ($304M), Sri Lanka ($280M), Malaysia ($247M), and Algeria ($243M).
In 2020, New Zealand imported $73.5M in Concentrated Milk, mainly from Australia ($21.2M), Italy ($13.6M), United States ($13.2M), Netherlands ($8.65M), and Germany ($4.86M).
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR New Zealand WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY New Zealand WERE (2019 - 2020):
In 2020, New Zealand's main exporting competitors in Concentrated Milk were:
In 2020, New Zealand's main importing competitors in Concentrated Milk were:
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