2023
Exports
$17.8MWorld Rnk 44 / 187
Flag Rnk 188 / 1166
2023
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-1.06Rnk 848 / 1025
2023
Imports
$23.1MWorld Rnk 43 / 223
Flag Rnk 306 / 1196
2023
ECONOMIC COMPLEXITY of New Zealand
0.48Rnk 43 / 132

About

Exports In 2023, New Zealand exported $17.8M in Other Pure Vegetable Oils, making it the 44th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 188th most exported product in New Zealand. The main destination of Other Pure Vegetable Oils exports from New Zealand are: China ($7.97M), Australia ($3.65M), Japan ($1.1M), South Korea ($1.08M), and Mexico ($705k).

The fastest growing export markets for Other Pure Vegetable Oils of New Zealand between 2022 and 2023 were Australia ($1.92M), Fiji ($263k), and Hong Kong ($184k).

Imports In 2023, New Zealand imported $23.1M in Other Pure Vegetable Oils, becoming the 43rd largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 306th most imported product in New Zealand. New Zealand imports Other Pure Vegetable Oils primarily from: China ($6.69M), Malaysia ($4.22M), Thailand ($2.62M), Vietnam ($2.58M), and Australia ($1.36M).

The fastest growing import markets in Other Pure Vegetable Oils for New Zealand between 2022 and 2023 were China ($2.45M), Australia ($478k), and Sweden ($351k).

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 Other Pure Vegetable Oils. 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)$17.8M
IMPORTS (2023)$23.1M
NET TRADE (2023)-$5.33M

In 2023, New Zealand exported $17.8M in Other Pure Vegetable Oils. The main destinations of New Zealand exports on Other Pure Vegetable Oils were China ($7.97M), Australia ($3.65M), Japan ($1.1M), South Korea ($1.08M), and Mexico ($705k).

In 2023, New Zealand imported $23.1M in Other Pure Vegetable Oils, mainly from China ($6.69M), Malaysia ($4.22M), Thailand ($2.62M), Vietnam ($2.58M), and Australia ($1.36M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR New Zealand WERE (2022 - 2023):
Australia$1.92M (111%)
Fiji$263k (148%)
Hong Kong$184k (93.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY New Zealand WERE (2022 - 2023):
China-$289k (-3.5%)
Malaysia-$275k (-73.2%)
Netherlands-$217k (-36.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, New Zealand's main exporting competitors in Other Pure Vegetable Oils were:
In 2023, New Zealand's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $720k
TOP IMPORT POTENTIALIndia+ $987k

Other Pure Vegetable Oils’s highest export potential is China. With an export gap of $720k.   Other Pure Vegetable Oils’s highest import potential is India with an import gap of $987k.

See methodology.

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