2022
Exports
$5.95MWorld Rnk 103 / 160
Flag Rnk 312 / 1168
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$39.3MWorld Rnk 114 / 222
Flag Rnk 244 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $5.95M in Petroleum Gas, making it the 103rd largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 312th most exported product in New Zealand. The main destination of Petroleum Gas exports from New Zealand are: Samoa ($1.13M), Fiji ($1.1M), American Samoa ($894k), Cook Islands ($785k), and Papua New Guinea ($408k).

The fastest growing export markets for Petroleum Gas of New Zealand between 2021 and 2022 were Fiji ($1.1M), Papua New Guinea ($408k), and Vanuatu ($120k).

Imports In 2022, New Zealand imported $39.3M in Petroleum Gas, becoming the 114th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 244th most imported product in New Zealand. New Zealand imports Petroleum Gas primarily from: Australia ($33.6M), South Korea ($3.66M), China ($874k), United States ($677k), and France ($174k).

The fastest growing import markets in Petroleum Gas for New Zealand between 2021 and 2022 were Australia ($4.48M), United States ($252k), and Singapore ($95.5k).

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 Petroleum Gas. 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)$5.95M
IMPORTS (2022)$39.3M
NET TRADE (2022)-$33.4M

In 2022, New Zealand exported $5.95M in Petroleum Gas. The main destinations of New Zealand exports on Petroleum Gas were Samoa ($1.13M), Fiji ($1.1M), American Samoa ($894k), Cook Islands ($785k), and Papua New Guinea ($408k).

In 2022, New Zealand imported $39.3M in Petroleum Gas, mainly from Australia ($33.6M), South Korea ($3.66M), China ($874k), United States ($677k), and France ($174k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Fiji$1.1M (18.3M%)
Vanuatu$120k (50%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY New Zealand WERE (2021 - 2022):
Kiribati-$362k (-68.1%)
Samoa-$152k (-11.9%)
Tuvalu-$138k (-70.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Petroleum Gas were:
In 2022, New Zealand's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $55.7k
TOP IMPORT POTENTIALAustralia+ $6.87M

Petroleum Gas’s highest export potential is Australia. With an export gap of $55.7k.   Petroleum Gas’s highest import potential is Australia with an import gap of $6.87M.

See methodology.

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