2022
Exports
$447MWorld Rnk 51 / 223
Flag Rnk 18 / 96
2022
PRODUCT COMPLEXITY IN Pharmaceutical products
1.38Rnk 75 / 1025
2022
Imports
$1.59BWorld Rnk 56 / 226
Flag Rnk 6 / 96
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $447M in Pharmaceutical products, making it the 51st largest exporter of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 18th most exported product in New Zealand. The main destination of Pharmaceutical products exports from New Zealand are: United States ($91.6M), Australia ($86.8M), China ($53.7M), Netherlands ($21.7M), and Brazil ($20.9M).

The fastest growing export markets for Pharmaceutical products of New Zealand between 2021 and 2022 were Brazil ($16.5M), United States ($9.49M), and China ($8.2M).

Imports In 2022, New Zealand imported $1.59B in Pharmaceutical products, becoming the 56th largest importer of Pharmaceutical products in the world. At the same year, Pharmaceutical products was the 6th most imported product in New Zealand. New Zealand imports Pharmaceutical products primarily from: Australia ($310M), Germany ($228M), United States ($178M), Ireland ($168M), and Switzerland ($108M).

The fastest growing import markets in Pharmaceutical products for New Zealand between 2021 and 2022 were Ireland ($110M), Australia ($64.8M), and China ($55.4M).

COMPANIES In 2023, leading companies such as Amazon (2) were at the forefront of shipping Pharmaceutical products from New Zealand to the United States.

Latest Trends

Jul 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 Pharmaceutical products. 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)$447M
IMPORTS (2022)$1.59B
NET TRADE (2022)-$1.15B

In 2022, New Zealand exported $447M in Pharmaceutical products. The main destinations of New Zealand exports on Pharmaceutical products were United States ($91.6M), Australia ($86.8M), China ($53.7M), Netherlands ($21.7M), and Brazil ($20.9M).

In 2022, New Zealand imported $1.59B in Pharmaceutical products, mainly from Australia ($310M), Germany ($228M), United States ($178M), Ireland ($168M), and Switzerland ($108M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pharmaceutical products EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Brazil$16.5M (381%)
United States$9.49M (11.6%)
China$8.2M (18%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pharmaceutical products BY New Zealand WERE (2021 - 2022):
Australia-$6.32M (-6.79%)
United Kingdom-$6.16M (-30.2%)
India-$4.47M (-51.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Pharmaceutical products were:
In 2022, New Zealand's main importing competitors in Pharmaceutical products were:

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Trade Value of Pharmaceutical products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $65M
TOP IMPORT POTENTIALUnited States+ $70M

Pharmaceutical products’s highest export potential is United States. With an export gap of $65M.   Pharmaceutical products’s highest import potential is United States with an import gap of $70M.

See methodology.

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