2023
Exports
$34.6MWorld Rnk 21 / 155
Flag Rnk 128 / 1166
2023
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.29Rnk 898 / 1025
2023
Imports
$29.5MWorld Rnk 41 / 217
Flag Rnk 271 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $34.6M in Other Vegetable Oils, making it the 21st largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 128th most exported product in New Zealand. The main destination of Other Vegetable Oils exports from New Zealand are: Saudi Arabia ($33.4M), Malaysia ($399k), Fiji ($357k), Singapore ($212k), and China ($98k).

The fastest growing export markets for Other Vegetable Oils of New Zealand between 2022 and 2023 were Saudi Arabia ($18.7M), Fiji ($190k), and China ($98k).

Imports In 2023, New Zealand imported $29.5M in Other Vegetable Oils, becoming the 41st largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 271st most imported product in New Zealand. New Zealand imports Other Vegetable Oils primarily from: Malaysia ($9.44M), Sweden ($5.04M), Peru ($3.58M), United States ($2.7M), and China ($2.65M).

The fastest growing import markets in Other Vegetable Oils for New Zealand between 2022 and 2023 were Sweden ($4.77M), Malaysia ($2.3M), and United States ($2.03M).

Latest Trends

Dec 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 Other Vegetable Oils. 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)$34.6M
IMPORTS (2023)$29.5M
NET TRADE (2023)$5.12M

In 2023, New Zealand exported $34.6M in Other Vegetable Oils. The main destinations of New Zealand exports on Other Vegetable Oils were Saudi Arabia ($33.4M), Malaysia ($399k), Fiji ($357k), Singapore ($212k), and China ($98k).

In 2023, New Zealand imported $29.5M in Other Vegetable Oils, mainly from Malaysia ($9.44M), Sweden ($5.04M), Peru ($3.58M), United States ($2.7M), and China ($2.65M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Saudi Arabia$18.7M (127%)
Fiji$190k (113%)
China$98k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY New Zealand WERE (2022 - 2023):
Singapore-$1.71M (-89%)
Guatemala-$372k (-100%)
Malaysia-$270k (-40.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Other Vegetable Oils were:
In 2023, New Zealand's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $82.5k
TOP IMPORT POTENTIALIndonesia+ $1.18M

Other Vegetable Oils’s highest export potential is Australia. With an export gap of $82.5k.   Other Vegetable Oils’s highest import potential is Indonesia with an import gap of $1.18M.

See methodology.

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