2022
Exports
$83kWorld Rnk 66 / 116
Flag Rnk 913 / 1168
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$21.9MWorld Rnk 24 / 172
Flag Rnk 353 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $83k in Magnesium Carbonate, making it the 66th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 913th most exported product in New Zealand. The main destination of Magnesium Carbonate exports from New Zealand are: Fiji ($65.7k), United Kingdom ($13.2k), Australia ($3.58k), and Samoa ($505).

The fastest growing export markets for Magnesium Carbonate of New Zealand between 2021 and 2022 were Fiji ($65.6k), Australia ($3.58k), and United Kingdom ($967).

Imports In 2022, New Zealand imported $21.9M in Magnesium Carbonate, becoming the 24th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 353rd most imported product in New Zealand. New Zealand imports Magnesium Carbonate primarily from: China ($11.2M), Australia ($10.3M), United States ($121k), Greece ($84.3k), and Hong Kong ($70.5k).

The fastest growing import markets in Magnesium Carbonate for New Zealand between 2021 and 2022 were China ($4.94M), Australia ($2.57M), and United States ($105k).

Latest Trends

Jul 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 Magnesium Carbonate. 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)$83k
IMPORTS (2022)$21.9M
NET TRADE (2022)-$21.8M

In 2022, New Zealand exported $83k in Magnesium Carbonate. The main destinations of New Zealand exports on Magnesium Carbonate were Fiji ($65.7k), United Kingdom ($13.2k), Australia ($3.58k), and Samoa ($505).

In 2022, New Zealand imported $21.9M in Magnesium Carbonate, mainly from China ($11.2M), Australia ($10.3M), United States ($121k), Greece ($84.3k), and Hong Kong ($70.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Fiji$65.6k (69.1k%)
Australia$3.58k (1%)
United Kingdom$967 (7.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY New Zealand WERE (2021 - 2022):
Iceland-$4.01k (-100%)
Ireland-$723 (-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 Magnesium Carbonate were:
In 2022, New Zealand's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.83k
TOP IMPORT POTENTIALUnited States+ $109k

Magnesium Carbonate’s highest export potential is United Kingdom. With an export gap of $1.83k.   Magnesium Carbonate’s highest import potential is United States with an import gap of $109k.

See methodology.

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