2023
Exports
$115kWorld Rnk 112 / 150
Flag Rnk 884 / 1166
2023
PRODUCT COMPLEXITY IN Palm Oil
-2.25Rnk 1010 / 1025
2023
Imports
$27.3MWorld Rnk 104 / 206
Flag Rnk 287 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $115k in Palm Oil, making it the 112th largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 884th most exported product in New Zealand. The main destination of Palm Oil exports from New Zealand are: Fiji ($80.6k), Samoa ($34.3k), Netherlands ($128), and Thailand ($25).

The fastest growing export markets for Palm Oil of New Zealand between 2022 and 2023 were Samoa ($34.3k), Fiji ($22.9k), and Netherlands ($33).

Imports In 2023, New Zealand imported $27.3M in Palm Oil, becoming the 104th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 287th most imported product in New Zealand. New Zealand imports Palm Oil primarily from: Malaysia ($25.1M), Netherlands ($1.51M), Indonesia ($300k), Thailand ($221k), and Singapore ($111k).

The fastest growing import markets in Palm Oil for New Zealand between 2022 and 2023 were Netherlands ($270k), China ($4.2k), and Colombia ($3.71k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Palm 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 (2023)$115k
IMPORTS (2023)$27.3M
NET TRADE (2023)-$27.2M

In 2023, New Zealand exported $115k in Palm Oil. The main destinations of New Zealand exports on Palm Oil were Fiji ($80.6k), Samoa ($34.3k), Netherlands ($128), and Thailand ($25).

In 2023, New Zealand imported $27.3M in Palm Oil, mainly from Malaysia ($25.1M), Netherlands ($1.51M), Indonesia ($300k), Thailand ($221k), and Singapore ($111k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Palm Oil EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Samoa$34.3k (1%)
Fiji$22.9k (39.6%)
Netherlands$33 (34.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Palm Oil BY New Zealand WERE (2022 - 2023):
Australia-$670k (-100%)
Cook Islands-$1.38k (-100%)
China-$137 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Palm Oil were:
In 2023, New Zealand's main importing competitors in Palm Oil were:
India $8.7B
China $4.85B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.91k
TOP IMPORT POTENTIALIndonesia+ $1.2M

Palm Oil’s highest export potential is China. With an export gap of $3.91k.   Palm Oil’s highest import potential is Indonesia with an import gap of $1.2M.

See methodology.

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