HS Icon Magnesium in  Flag New Zealand

2020
Exports | Imports
: $7.39M | $1.55M, World Rnk 22 / 84
Flag Rnk 274 / 1151 | World Rnk 52 / 165
Flag Rnk 810 / 1195

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $2M | $2.55k, United Kingdom |  United States

2020
ECONOMIC COMPLEXITY of New Zealand
: 0.45, Rnk 46 / 127

2020
PRODUCT COMPLEXITY  IN Magnesium
: 0.98, Rnk 185 / 1029

Exports In 2020, New Zealand exported $7.39M in Magnesium, making it the 22nd largest exporter of Magnesium in the world. At the same year, Magnesium was the 274th most exported product in New Zealand. The main destination of Magnesium exports from New Zealand are: United Kingdom ($4.92M), India ($1.56M), Hong Kong ($625k), Singapore ($140k), and United States ($74k).

The fastest growing export markets for Magnesium of New Zealand between 2019 and 2020 were United Kingdom ($2M), India ($1.21M), and Hong Kong ($599k).

Imports In 2020, New Zealand imported $1.55M in Magnesium, becoming the 52nd largest importer of Magnesium in the world. At the same year, Magnesium was the 810th most imported product in New Zealand. New Zealand imports Magnesium primarily from: China ($1.47M), United States ($70.4k), Australia ($10.2k), India ($630), and Germany ($211).

The fastest growing import markets in Magnesium for New Zealand between 2019 and 2020 were United States ($2.55k), Austria ($88), and Switzerland ($49).

Subnational Monthly Trade

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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

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EXPORTS (2020): $7.39M

IMPORTS (2020): $1.55M

NET TRADE (2020): $5.84M

In 2020, New Zealand exported $7.39M in Magnesium. The main destinations of New Zealand exports on Magnesium were United Kingdom ($4.92M), India ($1.56M), Hong Kong ($625k), Singapore ($140k), and United States ($74k).

In 2020, New Zealand imported $1.55M in Magnesium, mainly from China ($1.47M), United States ($70.4k), Australia ($10.2k), India ($630), and Germany ($211).

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Flow

THE FASTEST GROWING Magnesium EXPORT MARKETS FOR New Zealand WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY New Zealand WERE (2019 - 2020):

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Market Concentration

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In 2020, New Zealand's main exporting competitors in Magnesium were:

In 2020, New Zealand's main importing competitors in Magnesium were:

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