2022
Exports
$1.7MWorld Rnk 48 / 153
Flag Rnk 495 / 1168
2022
PRODUCT COMPLEXITY IN Pharmaceutical Rubber Products
0.19Rnk 491 / 1025
2022
Imports
$5.15MWorld Rnk 57 / 215
Flag Rnk 637 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $1.7M in Pharmaceutical Rubber Products, making it the 48th largest exporter of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 495th most exported product in New Zealand. The main destination of Pharmaceutical Rubber Products exports from New Zealand are: United States ($440k), Australia ($248k), United Kingdom ($247k), Germany ($175k), and Chile ($117k).

The fastest growing export markets for Pharmaceutical Rubber Products of New Zealand between 2021 and 2022 were Germany ($80k), Japan ($66.6k), and Chile ($29.5k).

Imports In 2022, New Zealand imported $5.15M in Pharmaceutical Rubber Products, becoming the 57th largest importer of Pharmaceutical Rubber Products in the world. At the same year, Pharmaceutical Rubber Products was the 637th most imported product in New Zealand. New Zealand imports Pharmaceutical Rubber Products primarily from: China ($1.81M), Australia ($1.53M), Malaysia ($476k), United States ($387k), and Thailand ($287k).

The fastest growing import markets in Pharmaceutical Rubber Products for New Zealand between 2021 and 2022 were Australia ($1.17M), China ($300k), and Thailand ($123k).

Latest Trends

Oct 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 Pharmaceutical Rubber 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)$1.7M
IMPORTS (2022)$5.15M
NET TRADE (2022)-$3.46M

In 2022, New Zealand exported $1.7M in Pharmaceutical Rubber Products. The main destinations of New Zealand exports on Pharmaceutical Rubber Products were United States ($440k), Australia ($248k), United Kingdom ($247k), Germany ($175k), and Chile ($117k).

In 2022, New Zealand imported $5.15M in Pharmaceutical Rubber Products, mainly from China ($1.81M), Australia ($1.53M), Malaysia ($476k), United States ($387k), and Thailand ($287k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical Rubber Products EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Germany$80k (84.1%)
Japan$66.6k (287%)
Chile$29.5k (33.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical Rubber Products BY New Zealand WERE (2021 - 2022):
Ireland-$545k (-88.5%)
United States-$159k (-26.6%)
Australia-$130k (-34.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pharmaceutical Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $97.2k
TOP IMPORT POTENTIALThailand+ $152k

Pharmaceutical Rubber Products’s highest export potential is United States. With an export gap of $97.2k.   Pharmaceutical Rubber Products’s highest import potential is Thailand with an import gap of $152k.

See methodology.

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