Exports In 2021, New Zealand exported $71.2M in Forging Machines, making it the 21st largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 108th most exported product in New Zealand. The main destination of Forging Machines exports from New Zealand are: United States ($30.2M), Australia ($16.7M), Canada ($3.11M), China ($2.68M), and Ireland ($1.93M).
The fastest growing export markets for Forging Machines of New Zealand between 2020 and 2021 were United States ($17.2M), Australia ($11.1M), and China ($2.39M).
Imports In 2021, New Zealand imported $24.2M in Forging Machines, becoming the 61st largest importer of Forging Machines in the world. At the same year, Forging Machines was the 321st most imported product in New Zealand. New Zealand imports Forging Machines primarily from: China ($7.05M), Australia ($4.19M), Turkey ($2.11M), Germany ($1.96M), and Italy ($1.9M).
The fastest growing import markets in Forging Machines for New Zealand between 2020 and 2021 were China ($3.89M), Australia ($2.98M), and Brazil ($1.32M).
Tariffs In 2017, the average tariff for New Zealand in Forging Machines was 3.62%. The countries with the highest import tariffs for Forging Machines were Botswana (Most Favoured Nation duty rate treatment, 5%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 5%), Cameroon (Most Favoured Nation duty rate treatment, 5%), Republic of the Congo (Most Favoured Nation duty rate treatment, 5%), and Algeria (Most Favoured Nation duty rate treatment, 5%).