2022
Exports
$72.1MWorld Rnk 21 / 182
Flag Rnk 76 / 1168
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$9.78MWorld Rnk 55 / 216
Flag Rnk 516 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $72.1M in Electromagnets, making it the 21st largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 76th most exported product in New Zealand. The main destination of Electromagnets exports from New Zealand are: United States ($61.9M), South Korea ($2.99M), Chinese Taipei ($1.84M), Japan ($1.57M), and Germany ($1.4M).

The fastest growing export markets for Electromagnets of New Zealand between 2021 and 2022 were South Korea ($1.93M), United States ($1.18M), and Germany ($883k).

Imports In 2022, New Zealand imported $9.78M in Electromagnets, becoming the 55th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 516th most imported product in New Zealand. New Zealand imports Electromagnets primarily from: United States ($3.46M), China ($2.95M), Australia ($699k), Germany ($533k), and Italy ($354k).

The fastest growing import markets in Electromagnets for New Zealand between 2021 and 2022 were United States ($410k), China ($354k), and Italy ($171k).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Electromagnets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$72.1M
IMPORTS (2022)$9.78M
NET TRADE (2022)$62.3M

In 2022, New Zealand exported $72.1M in Electromagnets. The main destinations of New Zealand exports on Electromagnets were United States ($61.9M), South Korea ($2.99M), Chinese Taipei ($1.84M), Japan ($1.57M), and Germany ($1.4M).

In 2022, New Zealand imported $9.78M in Electromagnets, mainly from United States ($3.46M), China ($2.95M), Australia ($699k), Germany ($533k), and Italy ($354k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
South Korea$1.93M (181%)
United States$1.18M (1.95%)
Germany$883k (170%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY New Zealand WERE (2021 - 2022):
Japan-$1.26M (-44.5%)
India-$536k (-95.9%)
France-$360k (-93.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, New Zealand's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, New Zealand's main importing competitors in Electromagnets were:

Explore Visualizations

Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.25M
TOP IMPORT POTENTIALChina+ $1.55M

Electromagnets’s highest export potential is Japan. With an export gap of $1.25M.   Electromagnets’s highest import potential is China with an import gap of $1.55M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with