2023
Exports
$98.4kWorld Rnk 70 / 160
Flag Rnk 901 / 1166
2023
PRODUCT COMPLEXITY IN Friction Material
0.43Rnk 397 / 1025
2023
Imports
$1.16MWorld Rnk 92 / 212
Flag Rnk 866 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $98.4k in Friction Material, making it the 70th largest exporter of Friction Material in the world. At the same year, Friction Material was the 901st most exported product in New Zealand. The main destination of Friction Material exports from New Zealand are: Fiji ($43.6k), Belgium ($14k), United States ($9.8k), Thailand ($9.34k), and Australia ($4.61k).

The fastest growing export markets for Friction Material of New Zealand between 2022 and 2023 were Belgium ($14k), United States ($9.5k), and Thailand ($9.34k).

Imports In 2023, New Zealand imported $1.16M in Friction Material, becoming the 92nd largest importer of Friction Material in the world. At the same year, Friction Material was the 866th most imported product in New Zealand. New Zealand imports Friction Material primarily from: Germany ($312k), China ($173k), United Kingdom ($118k), Japan ($113k), and Australia ($102k).

The fastest growing import markets in Friction Material for New Zealand between 2022 and 2023 were Germany ($145k), China ($57.2k), and United Kingdom ($31.4k).

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 Friction Material. 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)$98.4k
IMPORTS (2023)$1.16M
NET TRADE (2023)-$1.06M

In 2023, New Zealand exported $98.4k in Friction Material. The main destinations of New Zealand exports on Friction Material were Fiji ($43.6k), Belgium ($14k), United States ($9.8k), Thailand ($9.34k), and Australia ($4.61k).

In 2023, New Zealand imported $1.16M in Friction Material, mainly from Germany ($312k), China ($173k), United Kingdom ($118k), Japan ($113k), and Australia ($102k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Friction Material EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Belgium$14k (1%)
United States$9.5k (3.11k%)
Thailand$9.34k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Friction Material BY New Zealand WERE (2022 - 2023):
American Samoa-$13.7k (-100%)
Australia-$8.38k (-64.5%)
Fiji-$5.14k (-10.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Friction Material by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALAustralia+ $1.94k
TOP IMPORT POTENTIALChina+ $76.5k

Friction Material’s highest export potential is Australia. With an export gap of $1.94k.   Friction Material’s highest import potential is China with an import gap of $76.5k.

See methodology.

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