2022
Exports
$142MWorld Rnk 46 / 223
Flag Rnk 51 / 1168
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$257MWorld Rnk 55 / 225
Flag Rnk 28 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $142M in Electrical Transformers, making it the 46th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 51st most exported product in New Zealand. The main destination of Electrical Transformers exports from New Zealand are: Australia ($41.8M), United States ($36.8M), South Korea ($22.3M), China ($3.7M), and Canada ($3.35M).

The fastest growing export markets for Electrical Transformers of New Zealand between 2021 and 2022 were South Korea ($15.2M), Japan ($2.57M), and Canada ($2.4M).

Imports In 2022, New Zealand imported $257M in Electrical Transformers, becoming the 55th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 28th most imported product in New Zealand. New Zealand imports Electrical Transformers primarily from: China ($87.4M), Australia ($34M), Vietnam ($20.9M), Indonesia ($15M), and South Korea ($12.2M).

The fastest growing import markets in Electrical Transformers for New Zealand between 2021 and 2022 were South Korea ($10.1M), Indonesia ($7.73M), and Vietnam ($4.6M).

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 Electrical Transformers. 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)$142M
IMPORTS (2022)$257M
NET TRADE (2022)-$115M

In 2022, New Zealand exported $142M in Electrical Transformers. The main destinations of New Zealand exports on Electrical Transformers were Australia ($41.8M), United States ($36.8M), South Korea ($22.3M), China ($3.7M), and Canada ($3.35M).

In 2022, New Zealand imported $257M in Electrical Transformers, mainly from China ($87.4M), Australia ($34M), Vietnam ($20.9M), Indonesia ($15M), and South Korea ($12.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
South Korea$15.2M (216%)
Japan$2.57M (372%)
Canada$2.4M (252%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY New Zealand WERE (2021 - 2022):
United States-$27.2M (-42.6%)
Malaysia-$1.84M (-67.7%)
China-$1.46M (-28.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Electrical Transformers were:
In 2022, New Zealand's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.9M
TOP IMPORT POTENTIALChina+ $32.3M

Electrical Transformers’s highest export potential is United States. With an export gap of $19.9M.   Electrical Transformers’s highest import potential is China with an import gap of $32.3M.

See methodology.

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