2023
Exports
$1.28MWorld Rnk 61 / 205
Flag Rnk 524 / 1166
2023
PRODUCT COMPLEXITY IN Gaskets
1.46Rnk 51 / 1025
2023
Imports
$12.6MWorld Rnk 67 / 224
Flag Rnk 438 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $1.28M in Gaskets, making it the 61st largest exporter of Gaskets in the world. At the same year, Gaskets was the 524th most exported product in New Zealand. The main destination of Gaskets exports from New Zealand are: Canada ($233k), Australia ($228k), Fiji ($129k), Tonga ($76.1k), and United States ($72.2k).

The fastest growing export markets for Gaskets of New Zealand between 2022 and 2023 were Canada ($172k), Tonga ($67.7k), and Fiji ($66.5k).

Imports In 2023, New Zealand imported $12.6M in Gaskets, becoming the 67th largest importer of Gaskets in the world. At the same year, Gaskets was the 438th most imported product in New Zealand. New Zealand imports Gaskets primarily from: United States ($3.92M), Germany ($1.64M), Australia ($1.47M), Japan ($984k), and China ($630k).

The fastest growing import markets in Gaskets for New Zealand between 2022 and 2023 were United States ($610k), Vietnam ($207k), and Japan ($187k).

Latest Trends

Jan 2025

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 Gaskets. 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)$1.28M
IMPORTS (2023)$12.6M
NET TRADE (2023)-$11.4M

In 2023, New Zealand exported $1.28M in Gaskets. The main destinations of New Zealand exports on Gaskets were Canada ($233k), Australia ($228k), Fiji ($129k), Tonga ($76.1k), and United States ($72.2k).

In 2023, New Zealand imported $12.6M in Gaskets, mainly from United States ($3.92M), Germany ($1.64M), Australia ($1.47M), Japan ($984k), and China ($630k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Canada$172k (283%)
Tonga$67.7k (804%)
Fiji$66.5k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY New Zealand WERE (2022 - 2023):
Australia-$162k (-41.5%)
Thailand-$24k (-39.3%)
Chile-$18.6k (-70.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $537k
TOP IMPORT POTENTIALChina+ $794k

Gaskets’s highest export potential is United States. With an export gap of $537k.   Gaskets’s highest import potential is China with an import gap of $794k.

See methodology.

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