2023
Exports
$11.5MWorld Rnk 62 / 222
Flag Rnk 232 / 1166
2023
PRODUCT COMPLEXITY IN Engine Parts
1.05Rnk 160 / 1025
2023
Imports
$69.9MWorld Rnk 64 / 224
Flag Rnk 138 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $11.5M in Engine Parts, making it the 62nd largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 232nd most exported product in New Zealand. The main destination of Engine Parts exports from New Zealand are: United States ($3.84M), Australia ($3.17M), Fiji ($928k), Canada ($621k), and Tonga ($308k).

The fastest growing export markets for Engine Parts of New Zealand between 2022 and 2023 were Australia ($836k), Fiji ($647k), and Canada ($516k).

Imports In 2023, New Zealand imported $69.9M in Engine Parts, becoming the 64th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 138th most imported product in New Zealand. New Zealand imports Engine Parts primarily from: United States ($16.9M), Australia ($9.81M), Germany ($8.24M), Japan ($6.58M), and China ($4.6M).

The fastest growing import markets in Engine Parts for New Zealand between 2022 and 2023 were Germany ($1.43M), Australia ($1.22M), and Netherlands ($596k).

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 Engine Parts. 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)$11.5M
IMPORTS (2023)$69.9M
NET TRADE (2023)-$58.4M

In 2023, New Zealand exported $11.5M in Engine Parts. The main destinations of New Zealand exports on Engine Parts were United States ($3.84M), Australia ($3.17M), Fiji ($928k), Canada ($621k), and Tonga ($308k).

In 2023, New Zealand imported $69.9M in Engine Parts, mainly from United States ($16.9M), Australia ($9.81M), Germany ($8.24M), Japan ($6.58M), and China ($4.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Australia$836k (35.9%)
Fiji$647k (230%)
Canada$516k (489%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY New Zealand WERE (2022 - 2023):
Singapore-$315k (-71.4%)
Israel-$298k (-99%)
French Polynesia-$158k (-54.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.96M
TOP IMPORT POTENTIALChina+ $4.26M

Engine Parts’s highest export potential is United States. With an export gap of $2.96M.   Engine Parts’s highest import potential is China with an import gap of $4.26M.

See methodology.

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