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2022
Exports $173MWorld Rnk 27 / 128
Flag Rnk 39 / 1168
falsefalse China
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $9.19kWorld Rnk 110 / 130
Flag Rnk 1171 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $173M in Iron Ore, making it the 27th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 39th most exported product in New Zealand. The main destination of Iron Ore exports from New Zealand are: China ($168M), Japan ($5.82M), Malaysia ($16.3k), Philippines ($8.8k), and Indonesia ($1.07k).

Imports In 2022, New Zealand imported $9.19k in Iron Ore, becoming the 110th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1171st most imported product in New Zealand. New Zealand imports Iron Ore primarily from: Australia ($9.19k).

Latest Trends

Jul 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 Iron Ore. 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)$173M
IMPORTS (2022)$9.19k
NET TRADE (2022)$173M

In 2022, New Zealand exported $173M in Iron Ore. The main destinations of New Zealand exports on Iron Ore were China ($168M), Japan ($5.82M), Malaysia ($16.3k), Philippines ($8.8k), and Indonesia ($1.07k).

In 2022, New Zealand imported $9.19k in Iron Ore, mainly from Australia ($9.19k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, New Zealand's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, New Zealand's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $52.8M
TOP IMPORT POTENTIALAustralia+ $181k

Iron Ore’s highest export potential is China. With an export gap of $52.8M.   Iron Ore’s highest import potential is Australia with an import gap of $181k.

See methodology.

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