2018
Exports | Imports
$164M | $1.75BWorld Rnk 90 / 218
Flag Rnk 56 / 1169
World Rnk 79 / 226
Flag Rnk 2 / 1198
2021
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 46 / 131
2021
PRODUCT COMPLEXITY IN Refined Petroleum
-0.99Rnk 831 / 1024

About

Exports In 2018, New Zealand exported $164M in Refined Petroleum, making it the 90th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 56th most exported product in New Zealand. The main destination of Refined Petroleum exports from New Zealand are: Singapore ($92.1M), Australia ($47M), Cook Islands ($7.92M), Malaysia ($5.52M), and Niue ($2.84M).

The fastest growing export markets for Refined Petroleum of New Zealand between 2020 and 2021 were Singapore ($88.4M), Australia ($43.8M), and Malaysia ($5.52M).

Imports In 2021, New Zealand imported $1.75B in Refined Petroleum, becoming the 79th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in New Zealand. New Zealand imports Refined Petroleum primarily from: South Korea ($882M), Singapore ($588M), Japan ($78.3M), Brunei ($70.7M), and Australia ($38.7M).

The fastest growing import markets in Refined Petroleum for New Zealand between 2020 and 2021 were South Korea ($287M), Singapore ($96.1M), and Brunei ($35.2M).

Latest Trends

Dec 2023

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 Refined Petroleum. 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 (2021)$164M
IMPORTS (2021)$1.75B
NET TRADE (2021)-$1.58B

In 2021, New Zealand exported $164M in Refined Petroleum. The main destinations of New Zealand exports on Refined Petroleum were Singapore ($92.1M), Australia ($47M), Cook Islands ($7.92M), Malaysia ($5.52M), and Niue ($2.84M).

In 2021, New Zealand imported $1.75B in Refined Petroleum, mainly from South Korea ($882M), Singapore ($588M), Japan ($78.3M), Brunei ($70.7M), and Australia ($38.7M).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR New Zealand WERE (2020 - 2021):
Singapore$88.4M (2.44k%)
Australia$43.8M (1.36k%)
Malaysia$5.52M (205k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY New Zealand WERE (2020 - 2021):
China-$1.73M (-99.4%)
Cambodia-$638k (-80.5%)
Kiribati-$256k (-34.8%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, New Zealand's main exporting competitors in Refined Petroleum were:
In 2021, New Zealand's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

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