2022
Exports
$803MWorld Rnk 18 / 218
Flag Rnk 13 / 1168
2022
PRODUCT COMPLEXITY IN Other Edible Preparations
0.054Rnk 531 / 1025
2022
Imports
$406MWorld Rnk 34 / 226
Flag Rnk 15 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $803M in Other Edible Preparations, making it the 18th largest exporter of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 13th most exported product in New Zealand. The main destination of Other Edible Preparations exports from New Zealand are: Australia ($220M), South Korea ($129M), China ($111M), United States ($66.6M), and Japan ($63.8M).

The fastest growing export markets for Other Edible Preparations of New Zealand between 2021 and 2022 were South Korea ($28.9M), Bahrain ($22.2M), and Vietnam ($13.2M).

Imports In 2022, New Zealand imported $406M in Other Edible Preparations, becoming the 34th largest importer of Other Edible Preparations in the world. At the same year, Other Edible Preparations was the 15th most imported product in New Zealand. New Zealand imports Other Edible Preparations primarily from: Australia ($120M), Singapore ($87.5M), United States ($67.2M), China ($29.4M), and Netherlands ($18M).

The fastest growing import markets in Other Edible Preparations for New Zealand between 2021 and 2022 were Australia ($7.53M), China ($2.95M), and Denmark ($1.58M).

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 Other Edible Preparations. 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)$803M
IMPORTS (2022)$406M
NET TRADE (2022)$397M

In 2022, New Zealand exported $803M in Other Edible Preparations. The main destinations of New Zealand exports on Other Edible Preparations were Australia ($220M), South Korea ($129M), China ($111M), United States ($66.6M), and Japan ($63.8M).

In 2022, New Zealand imported $406M in Other Edible Preparations, mainly from Australia ($120M), Singapore ($87.5M), United States ($67.2M), China ($29.4M), and Netherlands ($18M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Edible Preparations EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
South Korea$28.9M (29%)
Bahrain$22.2M (25.5k%)
Vietnam$13.2M (34.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Edible Preparations BY New Zealand WERE (2021 - 2022):
Australia-$33.3M (-13.1%)
Hong Kong-$3.55M (-25.6%)
United States-$3.11M (-4.46%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Other Edible Preparations were:
In 2022, New Zealand's main importing competitors in Other Edible Preparations were:

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Trade Value of Other Edible Preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $34.4M
TOP IMPORT POTENTIALChina+ $7.71M

Other Edible Preparations’s highest export potential is United States. With an export gap of $34.4M.   Other Edible Preparations’s highest import potential is China with an import gap of $7.71M.

See methodology.

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