2023
Exports
$2.69MWorld Rnk 35 / 158
Flag Rnk 418 / 1166
2023
PRODUCT COMPLEXITY IN Metalworking Machines
1.85Rnk 8 / 1025
2023
Imports
$7.37MWorld Rnk 45 / 213
Flag Rnk 540 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $2.69M in Metalworking Machines, making it the 35th largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 418th most exported product in New Zealand. The main destination of Metalworking Machines exports from New Zealand are: United States ($1.22M), Mexico ($576k), Singapore ($441k), Australia ($128k), and Canada ($99.6k).

The fastest growing export markets for Metalworking Machines of New Zealand between 2022 and 2023 were United States ($1.1M), Mexico ($576k), and Singapore ($441k).

Imports In 2023, New Zealand imported $7.37M in Metalworking Machines, becoming the 45th largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 540th most imported product in New Zealand. New Zealand imports Metalworking Machines primarily from: Japan ($1.73M), Italy ($1.52M), China ($1.1M), United States ($965k), and Chinese Taipei ($719k).

The fastest growing import markets in Metalworking Machines for New Zealand between 2022 and 2023 were Japan ($1.71M), Czechia ($137k), and United States ($113k).

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 Metalworking Machines. 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)$2.69M
IMPORTS (2023)$7.37M
NET TRADE (2023)-$4.68M

In 2023, New Zealand exported $2.69M in Metalworking Machines. The main destinations of New Zealand exports on Metalworking Machines were United States ($1.22M), Mexico ($576k), Singapore ($441k), Australia ($128k), and Canada ($99.6k).

In 2023, New Zealand imported $7.37M in Metalworking Machines, mainly from Japan ($1.73M), Italy ($1.52M), China ($1.1M), United States ($965k), and Chinese Taipei ($719k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
United States$1.1M (948%)
Mexico$576k (1%)
Singapore$441k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY New Zealand WERE (2022 - 2023):
United Kingdom-$43k (-97.2%)
United Arab Emirates-$21.8k (-100%)
Tuvalu-$4.26k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Metalworking Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $68.7k
TOP IMPORT POTENTIALChina+ $264k

Metalworking Machines’s highest export potential is United States. With an export gap of $68.7k.   Metalworking Machines’s highest import potential is China with an import gap of $264k.

See methodology.

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