2023
Exports
$638kWorld Rnk 68 / 151
Flag Rnk 646 / 1166
2023
PRODUCT COMPLEXITY IN Coconut Oil
-1.7Rnk 972 / 1025
2023
Imports
$12.5MWorld Rnk 44 / 210
Flag Rnk 442 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $638k in Coconut Oil, making it the 68th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 646th most exported product in New Zealand. The main destination of Coconut Oil exports from New Zealand are: Vietnam ($438k), Samoa ($58.7k), Hong Kong ($35k), Spain ($20.7k), and Tonga ($14.7k).

The fastest growing export markets for Coconut Oil of New Zealand between 2022 and 2023 were Spain ($20.7k), Tonga ($14.7k), and New Caledonia ($9.33k).

Imports In 2023, New Zealand imported $12.5M in Coconut Oil, becoming the 44th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 442nd most imported product in New Zealand. New Zealand imports Coconut Oil primarily from: Malaysia ($8.4M), Indonesia ($1.78M), Philippines ($952k), Solomon Islands ($468k), and Australia ($244k).

The fastest growing import markets in Coconut Oil for New Zealand between 2022 and 2023 were Philippines ($484k), Vietnam ($97k), and Indonesia ($93.3k).

Latest Trends

Dec 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 Coconut Oil. 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 (2023)$638k
IMPORTS (2023)$12.5M
NET TRADE (2023)-$11.8M

In 2023, New Zealand exported $638k in Coconut Oil. The main destinations of New Zealand exports on Coconut Oil were Vietnam ($438k), Samoa ($58.7k), Hong Kong ($35k), Spain ($20.7k), and Tonga ($14.7k).

In 2023, New Zealand imported $12.5M in Coconut Oil, mainly from Malaysia ($8.4M), Indonesia ($1.78M), Philippines ($952k), Solomon Islands ($468k), and Australia ($244k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Spain$20.7k (1%)
Tonga$14.7k (1%)
New Caledonia$9.33k (400%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY New Zealand WERE (2022 - 2023):
Saudi Arabia-$249k (-99.8%)
Vietnam-$149k (-25.3%)
Thailand-$52k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Coconut Oil were:
In 2023, New Zealand's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $82.7k
TOP IMPORT POTENTIALIndonesia+ $1.01M

Coconut Oil’s highest export potential is United States. With an export gap of $82.7k.   Coconut Oil’s highest import potential is Indonesia with an import gap of $1.01M.

See methodology.

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