Metalworking Machines in New Zealand

EXPORTS (2018): $683k, World Rnk 49 / 123
Flag Rnk 635 / 1137

TOP DESTINATION (2018): $282k, South Africa

FASTEST GROWING MARKET (2017 - 2018): $282k, South Africa

IMPORTS (2018): $5.52M, World Rnk 51 / 199
Flag Rnk 584 / 1191

TOP ORIGIN (2018): $1.85M, Italy

FASTEST GROWING ORIGIN (2017 - 2018): $532k, Australia

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

Overview: This page contains the latest trade data of Metalworking Machines in New Zealand.

Exports: In 2018, New Zealand exported $683k in Metalworking Machines, making it the 49th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 635th most exported product in New Zealand. The main destination of Metalworking Machines exports from New Zealand are: South Africa ($282k), Australia ($112k), United States ($105k), Fiji ($73.7k), and Philippines ($21.2k).

The fastest growing export markets for Metalworking Machines of New Zealand between 2017 and 2018 were South Africa ($282k), United States ($79.4k), and Philippines ($19.7k).

Imports: In 2018, New Zealand imported $5.52M in Metalworking Machines, becoming the 51st largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 584th most imported product in New Zealand. New Zealand imports Metalworking Machines primarily from: Italy ($1.85M), Chinese Taipei ($891k), China ($814k), Australia ($777k), and Thailand ($414k).

The fastest growing import markets in Metalworking Machines for New Zealand between 2017 and 2018 were Australia ($532k), Italy ($437k), and Thailand ($414k).

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 (5%), Cote d'Ivoire (5%), Cameroon (5%), Republic of the Congo (5%), and Algeria (5%).

Value

EXPORTS (2018): $683k

IMPORTS (2018): $5.52M

NET TRADE (2018): -$4.84M

In 2018, New Zealand exported $683k in Metalworking Machines. The main destinations of New Zealand exports on Metalworking Machines were South Africa ($282k), Australia ($112k), United States ($105k), Fiji ($73.7k), and Philippines ($21.2k).

In 2018, New Zealand imported $5.52M in Metalworking Machines, mainly from Italy ($1.85M), Chinese Taipei ($891k), China ($814k), Australia ($777k), and Thailand ($414k).

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

  • South Africa, $281k ($282k - $1.71k)
  • Fiji, $73.7k ($73.7k - $0)
  • Philippines, $21.2k ($21.2k - $0)

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

  • Italy, -$1.85M ($0 - $1.85M)
  • Chinese Taipei, -$887k ($4.23k - $891k)
  • China, -$814k ($0 - $814k)
Flow

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

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking 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 Metalworking Machines were:

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

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Metalworking 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 Metalworking Machines was 3.62%.

The countries with the highest tariffs for Metalworking 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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