2023
Exports
$23.1MWorld Rnk 39 / 162
Flag Rnk 158 / 1166
2023
PRODUCT COMPLEXITY IN Margarine
-0.85Rnk 793 / 1025
2023
Imports
$18.9MWorld Rnk 78 / 221
Flag Rnk 349 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $23.1M in Margarine, making it the 39th largest exporter of Margarine in the world. At the same year, Margarine was the 158th most exported product in New Zealand. The main destination of Margarine exports from New Zealand are: Australia ($10.3M), Canada ($4.94M), China ($2.35M), Papua New Guinea ($875k), and Fiji ($802k).

The fastest growing export markets for Margarine of New Zealand between 2022 and 2023 were Australia ($8.93M), Canada ($4.42M), and China ($1.32M).

Imports In 2023, New Zealand imported $18.9M in Margarine, becoming the 78th largest importer of Margarine in the world. At the same year, Margarine was the 349th most imported product in New Zealand. New Zealand imports Margarine primarily from: Australia ($11.2M), Indonesia ($4.37M), Malaysia ($1.71M), United States ($432k), and China ($257k).

The fastest growing import markets in Margarine for New Zealand between 2022 and 2023 were Indonesia ($178k), Germany ($121k), and United States ($101k).

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 Margarine. 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)$23.1M
IMPORTS (2023)$18.9M
NET TRADE (2023)$4.2M

In 2023, New Zealand exported $23.1M in Margarine. The main destinations of New Zealand exports on Margarine were Australia ($10.3M), Canada ($4.94M), China ($2.35M), Papua New Guinea ($875k), and Fiji ($802k).

In 2023, New Zealand imported $18.9M in Margarine, mainly from Australia ($11.2M), Indonesia ($4.37M), Malaysia ($1.71M), United States ($432k), and China ($257k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Australia$8.93M (669%)
Canada$4.42M (845%)
China$1.32M (129%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY New Zealand WERE (2022 - 2023):
Singapore-$569k (-80.3%)
Vietnam-$394k (-99.3%)
Thailand-$260k (-26.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Margarine were:
In 2023, New Zealand's main importing competitors in Margarine were:
China $1.08B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $648k
TOP IMPORT POTENTIALIndonesia+ $1.46M

Margarine’s highest export potential is China. With an export gap of $648k.   Margarine’s highest import potential is Indonesia with an import gap of $1.46M.

See methodology.

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