2023
Exports
$700kWorld Rnk 46 / 124
Flag Rnk 630 / 1166
2023
PRODUCT COMPLEXITY IN Hydraulic Turbines
0.029Rnk 550 / 1025
2023
Imports
$4.88MWorld Rnk 51 / 196
Flag Rnk 618 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $700k in Hydraulic Turbines, making it the 46th largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 630th most exported product in New Zealand. The main destination of Hydraulic Turbines exports from New Zealand are: Vanuatu ($370k), Singapore ($84k), United Kingdom ($73.7k), Australia ($46.8k), and Spain ($17.4k).

The fastest growing export markets for Hydraulic Turbines of New Zealand between 2022 and 2023 were Vanuatu ($367k), Nigeria ($15.3k), and Greece ($10.4k).

Imports In 2023, New Zealand imported $4.88M in Hydraulic Turbines, becoming the 51st largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 618th most imported product in New Zealand. New Zealand imports Hydraulic Turbines primarily from: N/A.

The fastest growing import markets in Hydraulic Turbines for New Zealand between 2022 and 2023 were China ($1.45M), Finland ($1.02M), and Austria ($469k).

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 Hydraulic Turbines. 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)$700k
IMPORTS (2023)$4.88M
NET TRADE (2023)-$4.18M

In 2023, New Zealand exported $700k in Hydraulic Turbines. The main destinations of New Zealand exports on Hydraulic Turbines were Vanuatu ($370k), Singapore ($84k), United Kingdom ($73.7k), Australia ($46.8k), and Spain ($17.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Vanuatu$367k (11.2k%)
Nigeria$15.3k (1%)
Greece$10.4k (563%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY New Zealand WERE (2022 - 2023):
Malaysia-$466k (-99.5%)
Philippines-$44.1k (-100%)
Singapore-$38.7k (-31.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Hydraulic Turbines were:
China $297M
Germany $95.3M
Italy $78.4M
In 2023, New Zealand's main importing competitors in Hydraulic Turbines were:

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.3k
TOP IMPORT POTENTIALChina+ $82.1k

Hydraulic Turbines’s highest export potential is United States. With an export gap of $40.3k.   Hydraulic Turbines’s highest import potential is China with an import gap of $82.1k.

See methodology.

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