2022
Exports
$3.2kWorld Rnk 72 / 113
Flag Rnk 1110 / 1168
2022
Imports
$2.29MWorld Rnk 42 / 189
Flag Rnk 790 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $3.2k in Olive Oil, making it the 72nd largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 1110th most exported product in New Zealand. The main destination of Olive Oil exports from New Zealand are: Fiji ($1.65k), Cook Islands ($1.34k), French Polynesia ($185), and South Korea ($31).

The fastest growing export markets for Olive Oil of New Zealand between 2021 and 2022 were Fiji ($978) and French Polynesia ($44).

Imports In 2022, New Zealand imported $2.29M in Olive Oil, becoming the 42nd largest importer of Olive Oil in the world. At the same year, Olive Oil was the 790th most imported product in New Zealand. New Zealand imports Olive Oil primarily from: Spain ($1.31M), Italy ($329k), Australia ($228k), Turkey ($212k), and Tunisia ($140k).

The fastest growing import markets in Olive Oil for New Zealand between 2021 and 2022 were Spain ($464k), Turkey ($113k), and Tunisia ($79.3k).

Latest Trends

Aug 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 Olive Oil. 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)$3.2k
IMPORTS (2022)$2.29M
NET TRADE (2022)-$2.29M

In 2022, New Zealand exported $3.2k in Olive Oil. The main destinations of New Zealand exports on Olive Oil were Fiji ($1.65k), Cook Islands ($1.34k), French Polynesia ($185), and South Korea ($31).

In 2022, New Zealand imported $2.29M in Olive Oil, mainly from Spain ($1.31M), Italy ($329k), Australia ($228k), Turkey ($212k), and Tunisia ($140k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Fiji$978 (147%)
French Polynesia$44 (31.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY New Zealand WERE (2021 - 2022):
Australia-$35.4k (-100%)
Indonesia-$17.4k (-100%)
South Korea-$1.25k (-97.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, New Zealand's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $299
TOP IMPORT POTENTIALGreece+ $11.5k

Olive Oil’s highest export potential is United States. With an export gap of $299.   Olive Oil’s highest import potential is Greece with an import gap of $11.5k.

See methodology.

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