2022
Exports
$6.49MWorld Rnk 61 / 186
Flag Rnk 296 / 1168
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts
-0.5Rnk 703 / 1025
2022
Imports
$51.5MWorld Rnk 50 / 221
Flag Rnk 190 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $6.49M in Coffee and Tea Extracts, making it the 61st largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 296th most exported product in New Zealand. The main destination of Coffee and Tea Extracts exports from New Zealand are: Australia ($4.73M), United States ($445k), China ($259k), United Kingdom ($203k), and Fiji ($190k).

The fastest growing export markets for Coffee and Tea Extracts of New Zealand between 2021 and 2022 were China ($249k), United States ($136k), and United Kingdom ($99.4k).

Imports In 2022, New Zealand imported $51.5M in Coffee and Tea Extracts, becoming the 50th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 190th most imported product in New Zealand. New Zealand imports Coffee and Tea Extracts primarily from: Australia ($30.3M), Netherlands ($3.67M), Malaysia ($3.45M), Thailand ($2.33M), and Germany ($2.16M).

The fastest growing import markets in Coffee and Tea Extracts for New Zealand between 2021 and 2022 were Thailand ($931k), United Kingdom ($509k), and Japan ($440k).

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 Coffee and Tea Extracts. 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)$6.49M
IMPORTS (2022)$51.5M
NET TRADE (2022)-$45M

In 2022, New Zealand exported $6.49M in Coffee and Tea Extracts. The main destinations of New Zealand exports on Coffee and Tea Extracts were Australia ($4.73M), United States ($445k), China ($259k), United Kingdom ($203k), and Fiji ($190k).

In 2022, New Zealand imported $51.5M in Coffee and Tea Extracts, mainly from Australia ($30.3M), Netherlands ($3.67M), Malaysia ($3.45M), Thailand ($2.33M), and Germany ($2.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
China$249k (2.48k%)
United States$136k (44.2%)
United Kingdom$99.4k (96.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY New Zealand WERE (2021 - 2022):
Australia-$1.02M (-17.8%)
Canada-$139k (-70.1%)
Japan-$79.8k (-93.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Coffee and Tea Extracts were:
In 2022, New Zealand's main importing competitors in Coffee and Tea Extracts were:

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $543k
TOP IMPORT POTENTIALIndia+ $910k

Coffee and Tea Extracts’s highest export potential is United States. With an export gap of $543k.   Coffee and Tea Extracts’s highest import potential is India with an import gap of $910k.

See methodology.

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