Metal Finishing Machines in New Zealand

EXPORTS (2018): $1.61M, World Rnk 43 / 121
Flag Rnk 504 / 1137

TOP DESTINATION (2018): $991k, United States

FASTEST GROWING MARKET (2017 - 2018): $922k, United States

IMPORTS (2018): $4.02M, World Rnk 61 / 198
Flag Rnk 634 / 1191

TOP ORIGIN (2018): $1.55M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $678k, Germany

ECONOMIC COMPLEXITY of New Zealand (2018): 0.46, Rnk 49 / 137

PRODUCT COMPLEXITY  IN Metal Finishing Machines (2018): 1.64, Rnk 28 / 1018

Exports: In 2018, New Zealand exported $1.61M in Metal Finishing Machines, making it the 43rd largest exporter of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 504th most exported product in New Zealand. The main destination of Metal Finishing Machines exports from New Zealand are: United States ($991k), Germany ($470k), Australia ($70.3k), China ($19.2k), and Fiji ($17.9k).

The fastest growing export markets for Metal Finishing Machines of New Zealand between 2017 and 2018 were United States ($922k), Japan ($12.3k), and Ireland ($8.64k).

Imports: In 2018, New Zealand imported $4.02M in Metal Finishing Machines, becoming the 61st largest importer of Metal Finishing Machines in the world. At the same year, Metal Finishing Machines was the 634th most imported product in New Zealand. New Zealand imports Metal Finishing Machines primarily from: Germany ($1.55M), China ($799k), United States ($472k), Switzerland ($234k), and Chinese Taipei ($213k).

The fastest growing import markets in Metal Finishing Machines for New Zealand between 2017 and 2018 were Germany ($678k), Netherlands ($85.8k), and Spain ($69.7k).

Tariffs: In 2017, the average tariff for New Zealand in Metal Finishing Machines was 3.62%. The countries with the highest import tariffs for Metal Finishing Machines were Botswana (5%), Cote d'Ivoire (5%), Cameroon (5%), Republic of the Congo (5%), and Algeria (5%).

Value

EXPORTS (2018): $1.61M

IMPORTS (2018): $4.02M

NET TRADE (2018): -$2.41M

In 2018, New Zealand exported $1.61M in Metal Finishing Machines. The main destinations of New Zealand exports on Metal Finishing Machines were United States ($991k), Germany ($470k), Australia ($70.3k), China ($19.2k), and Fiji ($17.9k).

In 2018, New Zealand imported $4.02M in Metal Finishing Machines, mainly from Germany ($1.55M), China ($799k), United States ($472k), Switzerland ($234k), and Chinese Taipei ($213k).

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IN 2018, New Zealand HAD A POSITIVE NET TRADE IN Metal Finishing Machines WITH:

IN 2018, New Zealand HAD A NEGATIVE NET TRADE IN Metal Finishing Machines WITH:

Flow

THE FASTEST GROWING Metal Finishing Machines EXPORT MARKETS FOR New Zealand WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Finishing Machines BY New Zealand WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, New Zealand's main exporting competitors in Metal Finishing Machines were:

In 2018, New Zealand's main importing competitors in Metal Finishing Machines were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Metal Finishing Machines in New Zealand. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for New Zealand in Metal Finishing Machines was 3.62%.

The countries with the highest tariffs for Metal Finishing Machines in New Zealand were Botswana (5%), Cote d'Ivoire (5%), Cameroon (5%), Republic of the Congo (5%), and Algeria (5%).

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