HS Icon Electromagnets in  Flag New Zealand

2021
Exports | Imports
: $89.7M | $8.42M, World Rnk 18 / 185
Flag Rnk 89 / 1169 | World Rnk 59 / 214
Flag Rnk 525 / 1198

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $38.1M | $958k, United States |  United States

2021
ECONOMIC COMPLEXITY of New Zealand
: 0.46, Rnk 46 / 131

2021
PRODUCT COMPLEXITY IN Electromagnets
: 1.15, Rnk 128 / 1029

Exports In 2021, New Zealand exported $89.7M in Electromagnets, making it the 18th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 89th most exported product in New Zealand. The main destination of Electromagnets exports from New Zealand are: United States ($79.4M), Japan ($3.71M), Chinese Taipei ($1.82M), South Korea ($832k), and India ($602k).

The fastest growing export markets for Electromagnets of New Zealand between 2020 and 2021 were United States ($38.1M), Japan ($825k), and South Korea ($805k).

Imports In 2021, New Zealand imported $8.42M in Electromagnets, becoming the 59th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 525th most imported product in New Zealand. New Zealand imports Electromagnets primarily from: United States ($3.05M), China ($2.31M), Australia ($1.03M), Germany ($609k), and France ($310k).

The fastest growing import markets in Electromagnets for New Zealand between 2020 and 2021 were United States ($958k), Australia ($329k), and France ($287k).

Subnational Monthly Trade

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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.

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Historical Data

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EXPORTS (2021): $89.7M

IMPORTS (2021): $8.42M

NET TRADE (2021): $81.3M

In 2021, New Zealand exported $89.7M in Electromagnets. The main destinations of New Zealand exports on Electromagnets were United States ($79.4M), Japan ($3.71M), Chinese Taipei ($1.82M), South Korea ($832k), and India ($602k).

In 2021, New Zealand imported $8.42M in Electromagnets, mainly from United States ($3.05M), China ($2.31M), Australia ($1.03M), Germany ($609k), and France ($310k).

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THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR New Zealand WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY New Zealand WERE (2020 - 2021):

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Market Concentration

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In 2021, New Zealand's main exporting competitors in Electromagnets were:

In 2021, New Zealand's main importing competitors in Electromagnets were:

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