2022
Exports
$918MWorld Rnk 4 / 151
Flag Rnk 11 / 1168
2022
PRODUCT COMPLEXITY IN Milk
-0.0031Rnk 548 / 1025
2022
Imports
$22.4MWorld Rnk 51 / 221
Flag Rnk 349 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $918M in Milk, making it the 4th largest exporter of Milk in the world. At the same year, Milk was the 11th most exported product in New Zealand. The main destination of Milk exports from New Zealand are: China ($719M), Chinese Taipei ($29.6M), Malaysia ($25.5M), Philippines ($23.9M), and Vietnam ($18.1M).

The fastest growing export markets for Milk of New Zealand between 2021 and 2022 were Vietnam ($7.1M), China ($5.76M), and Philippines ($5.44M).

Imports In 2022, New Zealand imported $22.4M in Milk, becoming the 51st largest importer of Milk in the world. At the same year, Milk was the 349th most imported product in New Zealand. New Zealand imports Milk primarily from: United Arab Emirates ($15.5M), Mexico ($3.41M), Australia ($1.67M), Netherlands ($1.07M), and New Zealand ($542k).

The fastest growing import markets in Milk for New Zealand between 2021 and 2022 were United Arab Emirates ($15.1M), Australia ($588k), and Mexico ($556k).

Latest Trends

Jul 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 Milk. 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)$918M
IMPORTS (2022)$22.4M
NET TRADE (2022)$895M

In 2022, New Zealand exported $918M in Milk. The main destinations of New Zealand exports on Milk were China ($719M), Chinese Taipei ($29.6M), Malaysia ($25.5M), Philippines ($23.9M), and Vietnam ($18.1M).

In 2022, New Zealand imported $22.4M in Milk, mainly from United Arab Emirates ($15.5M), Mexico ($3.41M), Australia ($1.67M), Netherlands ($1.07M), and New Zealand ($542k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Vietnam$7.1M (64.3%)
China$5.76M (0.81%)
Philippines$5.44M (29.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY New Zealand WERE (2021 - 2022):
Thailand-$1.64M (-16.4%)
New Caledonia-$867k (-16.9%)
United States-$627k (-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 Milk were:
In 2022, New Zealand's main importing competitors in Milk were:
Germany $2.03B
China $1.46B

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Trade Value of Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $2.27M
TOP IMPORT POTENTIALNetherlands+ $438k

Milk’s highest export potential is South Korea. With an export gap of $2.27M.   Milk’s highest import potential is Netherlands with an import gap of $438k.

See methodology.

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