Navigation Equipment in New Zealand 2021 Exports | Imports : $24.5M | $46.1M, World Rnk 43 / 199 Rnk 188 / 1169 | World Rnk 51 / 222 Rnk 206 / 1198
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $5.26M | $2.55M, Australia | United States
2021 ECONOMIC COMPLEXITY of New Zealand: 0.46, Rnk 46 / 131
2021 PRODUCT COMPLEXITY IN Navigation Equipment: 1.24, Rnk 106 / 1029
Exports In 2021, New Zealand exported $24.5M in Navigation Equipment, making it the 43rd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 188th most exported product in New Zealand. The main destination of Navigation Equipment exports from New Zealand are: Australia ($8.12M), United States ($5.01M), Thailand ($1.73M), Canada ($1.16M), and China ($1.13M).
The fastest growing export markets for Navigation Equipment of New Zealand between 2020 and 2021 were Australia ($5.26M), United States ($2.3M), and Thailand ($1.71M).
Imports In 2021, New Zealand imported $46.1M in Navigation Equipment, becoming the 51st largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 206th most imported product in New Zealand. New Zealand imports Navigation Equipment primarily from: United States ($11.7M), China ($6.92M), Australia ($6.27M), Chinese Taipei ($3.57M), and Philippines ($2.43M).
The fastest growing import markets in Navigation Equipment for New Zealand between 2020 and 2021 were United States ($2.55M), China ($1.89M), and South Korea ($890k).
Tariffs In 2017, the average tariff for New Zealand in Navigation Equipment was 0.9%. The countries with the highest import tariffs for Navigation Equipment were Botswana (Most Favoured Nation duty rate treatment, 1.25%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 1.25%), Cameroon (Most Favoured Nation duty rate treatment, 1.25%), Republic of the Congo (Most Favoured Nation duty rate treatment, 1.25%), and Algeria (Most Favoured Nation duty rate treatment, 1.25%).
Apr 2023
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 Navigation Equipment. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2021): $24.5M
IMPORTS (2021): $46.1M
NET TRADE (2021): -$21.6M
In 2021, New Zealand exported $24.5M in Navigation Equipment. The main destinations of New Zealand exports on Navigation Equipment were Australia ($8.12M), United States ($5.01M), Thailand ($1.73M), Canada ($1.16M), and China ($1.13M).
In 2021, New Zealand imported $46.1M in Navigation Equipment, mainly from United States ($11.7M), China ($6.92M), Australia ($6.27M), Chinese Taipei ($3.57M), and Philippines ($2.43M).
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR New Zealand WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY New Zealand WERE (2020 - 2021):
In 2021, New Zealand's main exporting competitors in Navigation Equipment were:
In 2021, New Zealand's main importing competitors in Navigation Equipment were:
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