2022
Exports
$499kWorld Rnk 53 / 184
Flag Rnk 697 / 1168
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$6.03MWorld Rnk 47 / 218
Flag Rnk 601 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $499k in Tool Sets, making it the 53rd largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 697th most exported product in New Zealand. The main destination of Tool Sets exports from New Zealand are: Saudi Arabia ($179k), Australia ($52.3k), Niue ($44k), Fiji ($39.9k), and Russia ($27.7k).

The fastest growing export markets for Tool Sets of New Zealand between 2021 and 2022 were Niue ($25.2k), Tonga ($16.4k), and United States ($15.7k).

Imports In 2022, New Zealand imported $6.03M in Tool Sets, becoming the 47th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 601st most imported product in New Zealand. New Zealand imports Tool Sets primarily from: China ($2.58M), Chinese Taipei ($2.27M), Australia ($336k), United States ($211k), and Germany ($141k).

The fastest growing import markets in Tool Sets for New Zealand between 2021 and 2022 were United States ($108k), Netherlands ($87.4k), and American Samoa ($25.6k).

Latest Trends

Jul 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 Tool Sets. 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)$499k
IMPORTS (2022)$6.03M
NET TRADE (2022)-$5.53M

In 2022, New Zealand exported $499k in Tool Sets. The main destinations of New Zealand exports on Tool Sets were Saudi Arabia ($179k), Australia ($52.3k), Niue ($44k), Fiji ($39.9k), and Russia ($27.7k).

In 2022, New Zealand imported $6.03M in Tool Sets, mainly from China ($2.58M), Chinese Taipei ($2.27M), Australia ($336k), United States ($211k), and Germany ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Niue$25.2k (134%)
Tonga$16.4k (1.49k%)
United States$15.7k (318%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY New Zealand WERE (2021 - 2022):
Cook Islands-$77.6k (-94.4%)
Saudi Arabia-$54.5k (-23.4%)
Samoa-$51.2k (-81.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Tool Sets were:
In 2022, New Zealand's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Tool Sets’s highest export potential is N/A. With an export gap of N/A.   Tool Sets’s highest import potential is N/A with an import gap of N/A.

See methodology.

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