2022
Exports
$121MWorld Rnk 54 / 210
Flag Rnk 55 / 1168
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$171MWorld Rnk 48 / 226
Flag Rnk 54 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $121M in Baked Goods, making it the 54th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 55th most exported product in New Zealand. The main destination of Baked Goods exports from New Zealand are: Australia ($106M), United Kingdom ($3.26M), Fiji ($1.68M), Singapore ($1.35M), and French Polynesia ($1.23M).

The fastest growing export markets for Baked Goods of New Zealand between 2021 and 2022 were Japan ($639k), Fiji ($477k), and Samoa ($312k).

Imports In 2022, New Zealand imported $171M in Baked Goods, becoming the 48th largest importer of Baked Goods in the world. At the same year, Baked Goods was the 54th most imported product in New Zealand. New Zealand imports Baked Goods primarily from: Australia ($67.4M), Thailand ($19.3M), China ($13.6M), Malaysia ($10.6M), and United States ($6.29M).

The fastest growing import markets in Baked Goods for New Zealand between 2021 and 2022 were Malaysia ($3.03M), Indonesia ($1.79M), and China ($1.28M).

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 Baked Goods. 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)$121M
IMPORTS (2022)$171M
NET TRADE (2022)-$50.1M

In 2022, New Zealand exported $121M in Baked Goods. The main destinations of New Zealand exports on Baked Goods were Australia ($106M), United Kingdom ($3.26M), Fiji ($1.68M), Singapore ($1.35M), and French Polynesia ($1.23M).

In 2022, New Zealand imported $171M in Baked Goods, mainly from Australia ($67.4M), Thailand ($19.3M), China ($13.6M), Malaysia ($10.6M), and United States ($6.29M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Japan$639k (448%)
Fiji$477k (39.7%)
Samoa$312k (75.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY New Zealand WERE (2021 - 2022):
Australia-$7.2M (-6.39%)
Malaysia-$1.33M (-80.7%)
United Kingdom-$986k (-23.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, New Zealand's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $2.69M
TOP IMPORT POTENTIALUnited States+ $3.35M

Baked Goods’s highest export potential is United Kingdom. With an export gap of $2.69M.   Baked Goods’s highest import potential is United States with an import gap of $3.35M.

See methodology.

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