2022
Exports | Imports
$12M | $6.47MWorld Rnk 27 / 100
Flag Rnk 227 / 1168
World Rnk 50 / 168
Flag Rnk 585 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 44 / 124
2022
PRODUCT COMPLEXITY IN Magnesium
1.04Rnk 162 / 1025

About

Exports In 2022, New Zealand exported $12M in Magnesium, making it the 27th largest exporter of Magnesium in the world. At the same year, Magnesium was the 227th most exported product in New Zealand. The main destination of Magnesium exports from New Zealand are: India ($6.8M), United Arab Emirates ($3.47M), Singapore ($802k), Indonesia ($437k), and Bangladesh ($266k).

The fastest growing export markets for Magnesium of New Zealand between 2021 and 2022 were India ($6.73M), United Arab Emirates ($3.35M), and Singapore ($802k).

Imports In 2022, New Zealand imported $6.47M in Magnesium, becoming the 50th largest importer of Magnesium in the world. At the same year, Magnesium was the 585th most imported product in New Zealand. New Zealand imports Magnesium primarily from: China ($5.76M), United States ($633k), Australia ($75k), Turkey ($1.22k), and Malaysia ($126).

The fastest growing import markets in Magnesium for New Zealand between 2021 and 2022 were China ($1.14M), United States ($579k), and Turkey ($1.22k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Magnesium from New Zealand to the United States.

Latest Trends

Feb 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. 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)$12M
IMPORTS (2022)$6.47M
NET TRADE (2022)$5.54M

In 2022, New Zealand exported $12M in Magnesium. The main destinations of New Zealand exports on Magnesium were India ($6.8M), United Arab Emirates ($3.47M), Singapore ($802k), Indonesia ($437k), and Bangladesh ($266k).

In 2022, New Zealand imported $6.47M in Magnesium, mainly from China ($5.76M), United States ($633k), Australia ($75k), Turkey ($1.22k), and Malaysia ($126).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
India$6.73M (9.63k%)
United Arab Emirates$3.35M (2.66k%)
Singapore$802k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY New Zealand WERE (2021 - 2022):
Australia-$9.59k (-100%)
Iceland-$3.27k (-100%)
United Kingdom-$1.72k (-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 were:
China $2.46B
In 2022, New Zealand's main importing competitors in Magnesium were:

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Trade Value of Magnesium by Exporters

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