2022
Exports
$5.86MWorld Rnk 26 / 112
Flag Rnk 314 / 1168
2022
PRODUCT COMPLEXITY IN Forage Crops
-0.89Rnk 805 / 1025
2022
Imports
$940kWorld Rnk 68 / 171
Flag Rnk 929 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $5.86M in Forage Crops, making it the 26th largest exporter of Forage Crops in the world. At the same year, Forage Crops was the 314th most exported product in New Zealand. The main destination of Forage Crops exports from New Zealand are: Japan ($3.35M), Australia ($1.38M), South Korea ($295k), Hong Kong ($259k), and Singapore ($153k).

The fastest growing export markets for Forage Crops of New Zealand between 2021 and 2022 were Hong Kong ($32k), Thailand ($10.9k), and Finland ($8.23k).

Imports In 2022, New Zealand imported $940k in Forage Crops, becoming the 68th largest importer of Forage Crops in the world. At the same year, Forage Crops was the 929th most imported product in New Zealand. New Zealand imports Forage Crops primarily from: Australia ($627k), China ($299k), and United Kingdom ($14k).

The fastest growing import markets in Forage Crops for New Zealand between 2021 and 2022 were China ($198k), Australia ($150k), and United Kingdom ($14k).

Latest Trends

Apr 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 Forage Crops. 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)$5.86M
IMPORTS (2022)$940k
NET TRADE (2022)$4.92M

In 2022, New Zealand exported $5.86M in Forage Crops. The main destinations of New Zealand exports on Forage Crops were Japan ($3.35M), Australia ($1.38M), South Korea ($295k), Hong Kong ($259k), and Singapore ($153k).

In 2022, New Zealand imported $940k in Forage Crops, mainly from Australia ($627k), China ($299k), and United Kingdom ($14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forage Crops EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Hong Kong$32k (14.1%)
Thailand$10.9k (1%)
Finland$8.23k (11.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forage Crops BY New Zealand WERE (2021 - 2022):
Japan-$1.63M (-32.7%)
Netherlands-$508k (-82.7%)
South Korea-$285k (-49.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Forage Crops by Exporters

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