2022
Exports
$29.3kWorld Rnk 47 / 99
Flag Rnk 1000 / 1168
2022
PRODUCT COMPLEXITY IN Ground Nut Oil
-1.93Rnk 993 / 1025
2022
Imports
$689kWorld Rnk 26 / 185
Flag Rnk 964 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $29.3k in Ground Nut Oil, making it the 47th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1000th most exported product in New Zealand. The main destination of Ground Nut Oil exports from New Zealand are: Switzerland ($15.5k), Cook Islands ($7.63k), Australia ($3.27k), Fiji ($883), and Niue ($812).

The fastest growing export markets for Ground Nut Oil of New Zealand between 2021 and 2022 were Cook Islands ($2.9k), Niue ($661), and Kiribati ($569).

Imports In 2022, New Zealand imported $689k in Ground Nut Oil, becoming the 26th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 964th most imported product in New Zealand. New Zealand imports Ground Nut Oil primarily from: Malaysia ($263k), Australia ($123k), Germany ($88.6k), China ($53.1k), and Belgium ($46.4k).

The fastest growing import markets in Ground Nut Oil for New Zealand between 2021 and 2022 were Australia ($101k), Malaysia ($58.9k), and Germany ($53.1k).

Latest Trends

Aug 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 Ground Nut Oil. 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)$29.3k
IMPORTS (2022)$689k
NET TRADE (2022)-$660k

In 2022, New Zealand exported $29.3k in Ground Nut Oil. The main destinations of New Zealand exports on Ground Nut Oil were Switzerland ($15.5k), Cook Islands ($7.63k), Australia ($3.27k), Fiji ($883), and Niue ($812).

In 2022, New Zealand imported $689k in Ground Nut Oil, mainly from Malaysia ($263k), Australia ($123k), Germany ($88.6k), China ($53.1k), and Belgium ($46.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Cook Islands$2.9k (61.2%)
Niue$661 (438%)
Kiribati$569 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY New Zealand WERE (2021 - 2022):
Switzerland-$55.2k (-78.1%)
China-$45.8k (-100%)
South Korea-$6.73k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Ground Nut Oil were:
In 2022, New Zealand's main importing competitors in Ground Nut Oil were:

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $974
N/AN/AN/A

Ground Nut Oil’s highest export potential is China. With an export gap of $974.   Ground Nut Oil’s highest import potential is N/A with an import gap of N/A.

See methodology.

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