2022
Exports
$5MWorld Rnk 101 / 195
Flag Rnk 78 / 96
2022
PRODUCT COMPLEXITY IN Cereals
-0.36Rnk 663 / 1025
2022
Imports
$327MWorld Rnk 84 / 222
Flag Rnk 32 / 96
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $5M in Cereals, making it the 101st largest exporter of Cereals in the world. At the same year, Cereals was the 78th most exported product in New Zealand. The main destination of Cereals exports from New Zealand are: Australia ($1.67M), South Korea ($754k), United States ($577k), Netherlands ($409k), and Japan ($397k).

The fastest growing export markets for Cereals of New Zealand between 2021 and 2022 were United States ($544k), South Korea ($454k), and Tonga ($43.3k).

Imports In 2022, New Zealand imported $327M in Cereals, becoming the 84th largest importer of Cereals in the world. At the same year, Cereals was the 32nd most imported product in New Zealand. New Zealand imports Cereals primarily from: Australia ($264M), Thailand ($15.8M), Romania ($13.8M), India ($8.53M), and Vietnam ($8.05M).

The fastest growing import markets in Cereals for New Zealand between 2021 and 2022 were Australia ($81M), Thailand ($2.15M), and United Kingdom ($685k).

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 Cereals. 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)$5M
IMPORTS (2022)$327M
NET TRADE (2022)-$322M

In 2022, New Zealand exported $5M in Cereals. The main destinations of New Zealand exports on Cereals were Australia ($1.67M), South Korea ($754k), United States ($577k), Netherlands ($409k), and Japan ($397k).

In 2022, New Zealand imported $327M in Cereals, mainly from Australia ($264M), Thailand ($15.8M), Romania ($13.8M), India ($8.53M), and Vietnam ($8.05M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
United States$544k (1.64k%)
South Korea$454k (152%)
Tonga$43.3k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY New Zealand WERE (2021 - 2022):
Australia-$2.89M (-63.4%)
Japan-$622k (-61%)
France-$474k (-82.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Cereals were:
In 2022, New Zealand's main importing competitors in Cereals were:
China $18.6B
Japan $8.51B
Mexico $7.82B

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Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $519k
TOP IMPORT POTENTIALIndia+ $6.39M

Cereals’s highest export potential is South Korea. With an export gap of $519k.   Cereals’s highest import potential is India with an import gap of $6.39M.

See methodology.

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