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Exports In 2022, New Zealand exported $17.4M in Pharmaceutical Animal Products, making it the 7th largest exporter of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 184th most exported product in New Zealand. The main destination of Pharmaceutical Animal Products exports from New Zealand are: Japan ($4.77M), Italy ($3.38M), United States ($2.9M), China ($2.84M), and United Kingdom ($888k).

The fastest growing export markets for Pharmaceutical Animal Products of New Zealand between 2021 and 2022 were Italy ($3.38M), China ($2.49M), and United States ($846k).

Imports In 2022, New Zealand imported $6.84M in Pharmaceutical Animal Products, becoming the 13th largest importer of Pharmaceutical Animal Products in the world. At the same year, Pharmaceutical Animal Products was the 576th most imported product in New Zealand. New Zealand imports Pharmaceutical Animal Products primarily from: United States ($3.57M), Argentina ($900k), Mexico ($715k), India ($669k), and Canada ($331k).

The fastest growing import markets in Pharmaceutical Animal Products for New Zealand between 2021 and 2022 were Colombia ($303k), United States ($238k), and India ($163k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Pharmaceutical Animal Products. 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)$17.4M
IMPORTS (2022)$6.84M
NET TRADE (2022)$10.6M

In 2022, New Zealand exported $17.4M in Pharmaceutical Animal Products. The main destinations of New Zealand exports on Pharmaceutical Animal Products were Japan ($4.77M), Italy ($3.38M), United States ($2.9M), China ($2.84M), and United Kingdom ($888k).

In 2022, New Zealand imported $6.84M in Pharmaceutical Animal Products, mainly from United States ($3.57M), Argentina ($900k), Mexico ($715k), India ($669k), and Canada ($331k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Animal Products EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Italy$3.38M (1%)
China$2.49M (710%)
United States$846k (41.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Animal Products BY New Zealand WERE (2021 - 2022):
Japan-$1.6M (-25.1%)
South Africa-$398k (-68.4%)
Hong Kong-$184k (-25.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, New Zealand's main exporting competitors in Pharmaceutical Animal Products were:
In 2022, New Zealand's main importing competitors in Pharmaceutical Animal Products were:

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Trade Value of Pharmaceutical Animal Products by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSouth Korea+ $195k
TOP IMPORT POTENTIALChina+ $26.6k

Pharmaceutical Animal Products’s highest export potential is South Korea. With an export gap of $195k.   Pharmaceutical Animal Products’s highest import potential is China with an import gap of $26.6k.

See methodology.

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