2022
Exports
$1.57BWorld Rnk 18 / 218
Flag Rnk 7 / 96
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$365MWorld Rnk 49 / 226
Flag Rnk 30 / 96
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $1.57B in Preparations of cereals, flour, starch or milk, making it the 18th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 7th most exported product in New Zealand. The main destination of Preparations of cereals, flour, starch or milk exports from New Zealand are: China ($822M), Australia ($261M), Hong Kong ($155M), Malaysia ($50.3M), and United Arab Emirates ($36.1M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of New Zealand between 2021 and 2022 were China ($142M), Malaysia ($15.1M), and Sudan ($12M).

Imports In 2022, New Zealand imported $365M in Preparations of cereals, flour, starch or milk, becoming the 49th largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 30th most imported product in New Zealand. New Zealand imports Preparations of cereals, flour, starch or milk primarily from: Australia ($150M), Thailand ($32.8M), China ($29.6M), Indonesia ($20.2M), and Malaysia ($16.9M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for New Zealand between 2021 and 2022 were Malaysia ($3.76M), Indonesia ($3.07M), and China ($2.98M).

COMPANIES In 2023, leading companies such as Barry Callebaut (3) were at the forefront of shipping Preparations of cereals, flour, starch or milk 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 Preparations of cereals, flour, starch or milk. 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)$1.57B
IMPORTS (2022)$365M
NET TRADE (2022)$1.2B

In 2022, New Zealand exported $1.57B in Preparations of cereals, flour, starch or milk. The main destinations of New Zealand exports on Preparations of cereals, flour, starch or milk were China ($822M), Australia ($261M), Hong Kong ($155M), Malaysia ($50.3M), and United Arab Emirates ($36.1M).

In 2022, New Zealand imported $365M in Preparations of cereals, flour, starch or milk, mainly from Australia ($150M), Thailand ($32.8M), China ($29.6M), Indonesia ($20.2M), and Malaysia ($16.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
China$142M (20.9%)
Malaysia$15.1M (42.8%)
Sudan$12M (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY New Zealand WERE (2021 - 2022):
Australia-$18.6M (-6.66%)
Indonesia-$14.1M (-34%)
Hong Kong-$8.83M (-5.39%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, New Zealand's main importing competitors in Preparations of cereals, flour, starch or milk were:

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $14.4M
TOP IMPORT POTENTIALUnited States+ $5.5M

Preparations of cereals, flour, starch or milk’s highest export potential is United States. With an export gap of $14.4M.   Preparations of cereals, flour, starch or milk’s highest import potential is United States with an import gap of $5.5M.

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