2023
Exports
$125MWorld Rnk 10 / 153
Flag Rnk 52 / 1166
2023
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.17Rnk 610 / 1025
2023
Imports
$5.24MWorld Rnk 88 / 223
Flag Rnk 605 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $125M in Fermented Milk Products, making it the 10th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 52nd most exported product in New Zealand. The main destination of Fermented Milk Products exports from New Zealand are: Philippines ($32M), Thailand ($29M), Malaysia ($15.4M), China ($6.29M), and Singapore ($6M).

The fastest growing export markets for Fermented Milk Products of New Zealand between 2022 and 2023 were Peru ($2.64M), Singapore ($2.6M), and Saudi Arabia ($2.52M).

Imports In 2023, New Zealand imported $5.24M in Fermented Milk Products, becoming the 88th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 605th most imported product in New Zealand. New Zealand imports Fermented Milk Products primarily from: Australia ($4.56M), Germany ($343k), China ($88.7k), India ($55.8k), and Indonesia ($55.1k).

The fastest growing import markets in Fermented Milk Products for New Zealand between 2022 and 2023 were Australia ($2.08M), Germany ($288k), and Indonesia ($53.3k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Fermented Milk Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$125M
IMPORTS (2023)$5.24M
NET TRADE (2023)$120M

In 2023, New Zealand exported $125M in Fermented Milk Products. The main destinations of New Zealand exports on Fermented Milk Products were Philippines ($32M), Thailand ($29M), Malaysia ($15.4M), China ($6.29M), and Singapore ($6M).

In 2023, New Zealand imported $5.24M in Fermented Milk Products, mainly from Australia ($4.56M), Germany ($343k), China ($88.7k), India ($55.8k), and Indonesia ($55.1k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Peru$2.64M (79%)
Singapore$2.6M (76.2%)
Saudi Arabia$2.52M (159%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY New Zealand WERE (2022 - 2023):
Philippines-$14.6M (-31.4%)
Nigeria-$12.5M (-82.3%)
Australia-$7.59M (-64.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, New Zealand's main exporting competitors in Fermented Milk Products were:
In 2023, New Zealand's main importing competitors in Fermented Milk Products were:

Explore Visualizations

Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.3M
TOP IMPORT POTENTIALGermany+ $89.3k

Fermented Milk Products’s highest export potential is China. With an export gap of $1.3M.   Fermented Milk Products’s highest import potential is Germany with an import gap of $89.3k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with