2023
Exports
$13.4MWorld Rnk 51 / 199
Flag Rnk 219 / 1166
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$56.2MWorld Rnk 47 / 223
Flag Rnk 162 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $13.4M in Navigation Equipment, making it the 51st largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 219th most exported product in New Zealand. The main destination of Navigation Equipment exports from New Zealand are: Australia ($2.17M), Sweden ($2.15M), United States ($1.98M), United Kingdom ($1.94M), and Latvia ($1.34M).

The fastest growing export markets for Navigation Equipment of New Zealand between 2022 and 2023 were Sweden ($2.15M), United Kingdom ($1.71M), and Latvia ($1.34M).

Imports In 2023, New Zealand imported $56.2M in Navigation Equipment, becoming the 47th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 162nd most imported product in New Zealand. New Zealand imports Navigation Equipment primarily from: United States ($13.6M), China ($7.89M), Philippines ($6.61M), Chinese Taipei ($4.97M), and Spain ($4.05M).

The fastest growing import markets in Navigation Equipment for New Zealand between 2022 and 2023 were Philippines ($4.86M), Singapore ($262k), and Lithuania ($238k).

Latest Trends

Jan 2025

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 Navigation Equipment. 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 (2023)$13.4M
IMPORTS (2023)$56.2M
NET TRADE (2023)-$42.8M

In 2023, New Zealand exported $13.4M in Navigation Equipment. The main destinations of New Zealand exports on Navigation Equipment were Australia ($2.17M), Sweden ($2.15M), United States ($1.98M), United Kingdom ($1.94M), and Latvia ($1.34M).

In 2023, New Zealand imported $56.2M in Navigation Equipment, mainly from United States ($13.6M), China ($7.89M), Philippines ($6.61M), Chinese Taipei ($4.97M), and Spain ($4.05M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Sweden$2.15M (105k%)
United Kingdom$1.71M (748%)
Latvia$1.34M (30.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY New Zealand WERE (2022 - 2023):
Australia-$9.99M (-82.1%)
Israel-$1.25M (-100%)
Chile-$314k (-92.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Navigation Equipment were:
In 2023, New Zealand's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.78M
TOP IMPORT POTENTIALChina+ $3.21M

Navigation Equipment’s highest export potential is United States. With an export gap of $2.78M.   Navigation Equipment’s highest import potential is China with an import gap of $3.21M.

See methodology.

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