2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
falseWorld Rnk 63 / 222
Flag Rnk 83 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported N/A in Industrial Fatty Acids, Oils and Alcohols, making it the 68th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 159th most exported product in New Zealand. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from New Zealand are: South Korea ($11.1M), Australia ($6.71M), Fiji ($1.42M), China ($451k), and Japan ($381k).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of New Zealand between 2021 and 2022 were Australia ($841k), Mexico ($224k), and Japan ($223k).

Imports In 2022, New Zealand imported $135M in Industrial Fatty Acids, Oils and Alcohols, becoming the 63rd largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 83rd most imported product in New Zealand. New Zealand imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($64.1M), Australia ($18.1M), United States ($17.2M), United Kingdom ($4.43M), and South Korea ($4.34M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for New Zealand between 2021 and 2022 were China ($31.1M), Netherlands ($3.38M), and Malaysia ($700k).

Latest Trends

Sep 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 Industrial Fatty Acids, Oils and Alcohols. 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
IMPORTS (2022)$135M

In N/A, New Zealand exported N/A in Industrial Fatty Acids, Oils and Alcohols. The main destinations of New Zealand exports on Industrial Fatty Acids, Oils and Alcohols were South Korea ($11.1M), Australia ($6.71M), Fiji ($1.42M), China ($451k), and Japan ($381k).

In 2022, New Zealand imported $135M in Industrial Fatty Acids, Oils and Alcohols, mainly from China ($64.1M), Australia ($18.1M), United States ($17.2M), United Kingdom ($4.43M), and South Korea ($4.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Australia$841k (14.3%)
Mexico$224k (234%)
Japan$223k (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY New Zealand WERE (2021 - 2022):
South Korea-$5.42M (-32.7%)
Vietnam-$468k (-73.9%)
Chinese Taipei-$366k (-85.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, New Zealand's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, New Zealand's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $213k
TOP IMPORT POTENTIALMalaysia+ $322k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $213k.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Malaysia with an import gap of $322k.

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