2022
Exports
$2.74MWorld Rnk 73 / 160
Flag Rnk 421 / 1168
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$19.9MWorld Rnk 110 / 212
Flag Rnk 370 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $2.74M in Corn, making it the 73rd largest exporter of Corn in the world. At the same year, Corn was the 421st most exported product in New Zealand. The main destination of Corn exports from New Zealand are: Australia ($1.07M), South Korea ($754k), Netherlands ($174k), Japan ($130k), and Turkey ($90.8k).

The fastest growing export markets for Corn of New Zealand between 2021 and 2022 were South Korea ($454k), United States ($28.1k), and Fiji ($27.5k).

Imports In 2022, New Zealand imported $19.9M in Corn, becoming the 110th largest importer of Corn in the world. At the same year, Corn was the 370th most imported product in New Zealand. New Zealand imports Corn primarily from: Romania ($13.8M), United States ($3.08M), Australia ($1.89M), France ($881k), and Austria ($102k).

The fastest growing import markets in Corn for New Zealand between 2021 and 2022 were Australia ($1.71M), Austria ($98.8k), and Chile ($25.7k).

Latest Trends

Sep 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 Corn. 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)$2.74M
IMPORTS (2022)$19.9M
NET TRADE (2022)-$17.2M

In 2022, New Zealand exported $2.74M in Corn. The main destinations of New Zealand exports on Corn were Australia ($1.07M), South Korea ($754k), Netherlands ($174k), Japan ($130k), and Turkey ($90.8k).

In 2022, New Zealand imported $19.9M in Corn, mainly from Romania ($13.8M), United States ($3.08M), Australia ($1.89M), France ($881k), and Austria ($102k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
South Korea$454k (152%)
United States$28.1k (97.6%)
Fiji$27.5k (51.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY New Zealand WERE (2021 - 2022):
Australia-$2.49M (-70%)
Japan-$660k (-83.5%)
Netherlands-$406k (-70.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Corn were:
In 2022, New Zealand's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $513k
TOP IMPORT POTENTIALUnited States+ $2.76M

Corn’s highest export potential is South Korea. With an export gap of $513k.   Corn’s highest import potential is United States with an import gap of $2.76M.

See methodology.

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