HS Icon Metalworking Machines in  Flag New Zealand

2021
Exports | Imports
: $1.86M | $6.14M, World Rnk 39 / 149
Flag Rnk 534 / 1169 | World Rnk 51 / 208
Flag Rnk 585 / 1198

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $440k | $1.04M, Australia |  Italy

2021
ECONOMIC COMPLEXITY of New Zealand
: 0.46, Rnk 46 / 131

2021
PRODUCT COMPLEXITY IN Metalworking Machines
: 2.1, Rnk 4 / 1029

Exports In 2021, New Zealand exported $1.86M in Metalworking Machines, making it the 39th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 534th most exported product in New Zealand. The main destination of Metalworking Machines exports from New Zealand are: Australia ($641k), Canada ($507k), United States ($418k), United Kingdom ($198k), and Fiji ($36.7k).

The fastest growing export markets for Metalworking Machines of New Zealand between 2020 and 2021 were Australia ($440k), Canada ($137k), and United Kingdom ($105k).

Imports In 2021, New Zealand imported $6.14M in Metalworking Machines, becoming the 51st largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 585th most imported product in New Zealand. New Zealand imports Metalworking Machines primarily from: Italy ($1.85M), China ($1.3M), Chinese Taipei ($1.07M), Australia ($457k), and South Korea ($267k).

The fastest growing import markets in Metalworking Machines for New Zealand between 2020 and 2021 were Italy ($1.04M), Chinese Taipei ($516k), and China ($378k).

Tariffs In 2017, the average tariff for New Zealand in Metalworking Machines was 3.62%. The countries with the highest import tariffs for Metalworking Machines were Botswana (Most Favoured Nation duty rate treatment, 5%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 5%), Cameroon (Most Favoured Nation duty rate treatment, 5%), Republic of the Congo (Most Favoured Nation duty rate treatment, 5%), and Algeria (Most Favoured Nation duty rate treatment, 5%).

Apr 2023

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 Metalworking Machines. 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 (2021): $1.86M

IMPORTS (2021): $6.14M

NET TRADE (2021): -$4.28M

In 2021, New Zealand exported $1.86M in Metalworking Machines. The main destinations of New Zealand exports on Metalworking Machines were Australia ($641k), Canada ($507k), United States ($418k), United Kingdom ($198k), and Fiji ($36.7k).

In 2021, New Zealand imported $6.14M in Metalworking Machines, mainly from Italy ($1.85M), China ($1.3M), Chinese Taipei ($1.07M), Australia ($457k), and South Korea ($267k).

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THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR New Zealand WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY New Zealand WERE (2020 - 2021):

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Market Concentration

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In 2021, New Zealand's main exporting competitors in Metalworking Machines were:

In 2021, New Zealand's main importing competitors in Metalworking Machines were:

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