2022
Exports
$522kWorld Rnk 53 / 160
Flag Rnk 689 / 1168
2022
PRODUCT COMPLEXITY IN Metalworking Machines
1.92Rnk 9 / 1025
2022
Imports
$7.88MWorld Rnk 43 / 212
Flag Rnk 551 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $522k in Metalworking Machines, making it the 53rd largest exporter of Metalworking Machines in the world. At the same year, Metalworking Machines was the 689th most exported product in New Zealand. The main destination of Metalworking Machines exports from New Zealand are: New Zealand ($129k), United States ($128k), Brazil ($94.7k), Australia ($61.4k), and United Kingdom ($43.4k).

The fastest growing export markets for Metalworking Machines of New Zealand between 2021 and 2022 were New Zealand ($129k), Brazil ($94.7k), and United Arab Emirates ($21.5k).

Imports In 2022, New Zealand imported $7.88M in Metalworking Machines, becoming the 43rd largest importer of Metalworking Machines in the world. At the same year, Metalworking Machines was the 551st most imported product in New Zealand. New Zealand imports Metalworking Machines primarily from: Italy ($2.29M), Chinese Taipei ($1.32M), China ($1.24M), Australia ($1.04M), and United States ($587k).

The fastest growing import markets in Metalworking Machines for New Zealand between 2021 and 2022 were Australia ($581k), Italy ($449k), and United States ($392k).

Latest Trends

Aug 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 (2022)$522k
IMPORTS (2022)$7.88M
NET TRADE (2022)-$7.36M

In 2022, New Zealand exported $522k in Metalworking Machines. The main destinations of New Zealand exports on Metalworking Machines were New Zealand ($129k), United States ($128k), Brazil ($94.7k), Australia ($61.4k), and United Kingdom ($43.4k).

In 2022, New Zealand imported $7.88M in Metalworking Machines, mainly from Italy ($2.29M), Chinese Taipei ($1.32M), China ($1.24M), Australia ($1.04M), and United States ($587k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machines EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
New Zealand$129k (1%)
Brazil$94.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machines BY New Zealand WERE (2021 - 2022):
Australia-$450k (-88%)
United States-$293k (-69.6%)
Canada-$218k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Metalworking Machines were:
In 2022, 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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