2022
Exports
$1.85MWorld Rnk 56 / 183
Flag Rnk 480 / 1168
2022
PRODUCT COMPLEXITY IN Abrasive Powder
1.09Rnk 137 / 1025
2022
Imports
$15.1MWorld Rnk 56 / 224
Flag Rnk 417 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $1.85M in Abrasive Powder, making it the 56th largest exporter of Abrasive Powder in the world. At the same year, Abrasive Powder was the 480th most exported product in New Zealand. The main destination of Abrasive Powder exports from New Zealand are: Australia ($1.05M), United States ($424k), Fiji ($93.6k), Samoa ($55.9k), and Singapore ($41.8k).

The fastest growing export markets for Abrasive Powder of New Zealand between 2021 and 2022 were Fiji ($28.2k), Saudi Arabia ($22.1k), and Singapore ($18k).

Imports In 2022, New Zealand imported $15.1M in Abrasive Powder, becoming the 56th largest importer of Abrasive Powder in the world. At the same year, Abrasive Powder was the 417th most imported product in New Zealand. New Zealand imports Abrasive Powder primarily from: United States ($2.98M), Germany ($2.64M), China ($2.48M), Australia ($1.27M), and South Korea ($948k).

The fastest growing import markets in Abrasive Powder for New Zealand between 2021 and 2022 were United States ($328k), United Kingdom ($326k), and Malaysia ($193k).

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 Abrasive Powder. 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)$1.85M
IMPORTS (2022)$15.1M
NET TRADE (2022)-$13.3M

In 2022, New Zealand exported $1.85M in Abrasive Powder. The main destinations of New Zealand exports on Abrasive Powder were Australia ($1.05M), United States ($424k), Fiji ($93.6k), Samoa ($55.9k), and Singapore ($41.8k).

In 2022, New Zealand imported $15.1M in Abrasive Powder, mainly from United States ($2.98M), Germany ($2.64M), China ($2.48M), Australia ($1.27M), and South Korea ($948k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Abrasive Powder EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Fiji$28.2k (43.1%)
Saudi Arabia$22.1k (1%)
Singapore$18k (75.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Abrasive Powder BY New Zealand WERE (2021 - 2022):
United States-$901k (-68%)
Australia-$278k (-21%)
Hong Kong-$24.1k (-91.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Abrasive Powder by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $353k
TOP IMPORT POTENTIALChina+ $571k

Abrasive Powder’s highest export potential is United States. With an export gap of $353k.   Abrasive Powder’s highest import potential is China with an import gap of $571k.

See methodology.

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