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Exports In 2022, New Zealand exported $485k in Turpentine, making it the 43rd largest exporter of Turpentine in the world. At the same year, Turpentine was the 702nd most exported product in New Zealand. The main destination of Turpentine exports from New Zealand are: Bangladesh ($155k), Australia ($140k), Malaysia ($90.3k), Sri Lanka ($29.4k), and Singapore ($24.5k).

The fastest growing export markets for Turpentine of New Zealand between 2021 and 2022 were Tonga ($1.99k), Portugal ($1.57k), and Vanuatu ($275).

Imports In 2022, New Zealand imported $2.16M in Turpentine, becoming the 22nd largest importer of Turpentine in the world. At the same year, Turpentine was the 802nd most imported product in New Zealand. New Zealand imports Turpentine primarily from: Australia ($1.04M), Argentina ($486k), United States ($362k), United Kingdom ($105k), and India ($97.6k).

The fastest growing import markets in Turpentine for New Zealand between 2021 and 2022 were Argentina ($486k), United States ($210k), and India ($97.5k).

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 Turpentine. 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)$485k
IMPORTS (2022)$2.16M
NET TRADE (2022)-$1.67M

In 2022, New Zealand exported $485k in Turpentine. The main destinations of New Zealand exports on Turpentine were Bangladesh ($155k), Australia ($140k), Malaysia ($90.3k), Sri Lanka ($29.4k), and Singapore ($24.5k).

In 2022, New Zealand imported $2.16M in Turpentine, mainly from Australia ($1.04M), Argentina ($486k), United States ($362k), United Kingdom ($105k), and India ($97.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Tonga$1.99k (1%)
Portugal$1.57k (7.15%)
Vanuatu$275 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY New Zealand WERE (2021 - 2022):
Indonesia-$1.05M (-100%)
South Africa-$495k (-100%)
United Kingdom-$344k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, New Zealand's main exporting competitors in Turpentine were:
In 2022, New Zealand's main importing competitors in Turpentine were:

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $38k
TOP IMPORT POTENTIALIndia+ $50.4k

Turpentine’s highest export potential is India. With an export gap of $38k.   Turpentine’s highest import potential is India with an import gap of $50.4k.

See methodology.

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