2022
Exports
$25.9MWorld Rnk 64 / 210
Flag Rnk 57 / 96
falsefalse Australia
2022
PRODUCT COMPLEXITY IN Wadding, felt, nonwovens, twin, ropes, & articles thereof
0.79Rnk 248 / 1025
2022
Imports
$92.1MWorld Rnk 65 / 223
Flag Rnk 58 / 96
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $25.9M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, making it the 64th largest exporter of Wadding, felt, nonwovens, twin, ropes, & articles thereof in the world. At the same year, Wadding, felt, nonwovens, twin, ropes, & articles thereof was the 57th most exported product in New Zealand. The main destination of Wadding, felt, nonwovens, twin, ropes, & articles thereof exports from New Zealand are: Australia ($10.7M), United States ($4.38M), United Kingdom ($3.24M), Turkey ($1.66M), and South Korea ($963k).

Imports In 2022, New Zealand imported $92.1M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, becoming the 65th largest importer of Wadding, felt, nonwovens, twin, ropes, & articles thereof in the world. At the same year, Wadding, felt, nonwovens, twin, ropes, & articles thereof was the 58th most imported product in New Zealand. New Zealand imports Wadding, felt, nonwovens, twin, ropes, & articles thereof primarily from: China ($32.1M), United States ($8.07M), India ($8.03M), South Korea ($7.18M), and Australia ($5.6M).

The fastest growing import markets in Wadding, felt, nonwovens, twin, ropes, & articles thereof for New Zealand between 2021 and 2022 were China ($2.81M), Malaysia ($1.02M), and Netherlands ($860k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Wadding, felt, nonwovens, twin, ropes, & articles thereof. 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)$25.9M
IMPORTS (2022)$92.1M
NET TRADE (2022)-$66.2M

In 2022, New Zealand exported $25.9M in Wadding, felt, nonwovens, twin, ropes, & articles thereof. The main destinations of New Zealand exports on Wadding, felt, nonwovens, twin, ropes, & articles thereof were Australia ($10.7M), United States ($4.38M), United Kingdom ($3.24M), Turkey ($1.66M), and South Korea ($963k).

In 2022, New Zealand imported $92.1M in Wadding, felt, nonwovens, twin, ropes, & articles thereof, mainly from China ($32.1M), United States ($8.07M), India ($8.03M), South Korea ($7.18M), and Australia ($5.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Wadding, felt, nonwovens, twin, ropes, & articles thereof were:
In 2022, New Zealand's main importing competitors in Wadding, felt, nonwovens, twin, ropes, & articles thereof were:

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Trade Value of Wadding, felt, nonwovens, twin, ropes, & articles thereof by Exporters

Potential Exports

Potential Exports

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View
TOP EXPORT POTENTIALUnited States+ $2.62M
TOP IMPORT POTENTIALChina+ $3.09M

Wadding, felt, nonwovens, twin, ropes, & articles thereof’s highest export potential is United States. With an export gap of $2.62M.   Wadding, felt, nonwovens, twin, ropes, & articles thereof’s highest import potential is China with an import gap of $3.09M.

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