2022
Exports
$93.4MWorld Rnk 108 / 214
Flag Rnk 64 / 1168
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$5.4BWorld Rnk 51 / 225
Flag Rnk 1 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $93.4M in Refined Petroleum, making it the 108th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 64th most exported product in New Zealand. The main destination of Refined Petroleum exports from New Zealand are: Singapore ($37.8M), Australia ($35M), Cook Islands ($8.28M), Niue ($3.59M), and Malaysia ($2.28M).

The fastest growing export markets for Refined Petroleum of New Zealand between 2021 and 2022 were Australia ($9.56M), Cook Islands ($3.18M), and Niue ($1.94M).

Imports In 2022, New Zealand imported $5.4B in Refined Petroleum, becoming the 51st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in New Zealand. New Zealand imports Refined Petroleum primarily from: South Korea ($2.11B), Singapore ($1.94B), Malaysia ($516M), Japan ($383M), and Chinese Taipei ($107M).

The fastest growing import markets in Refined Petroleum for New Zealand between 2021 and 2022 were Singapore ($1.35B), South Korea ($1.22B), and Malaysia ($501M).

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$93.4M
IMPORTS (2022)$5.4B
NET TRADE (2022)-$5.31B

In 2022, New Zealand exported $93.4M in Refined Petroleum. The main destinations of New Zealand exports on Refined Petroleum were Singapore ($37.8M), Australia ($35M), Cook Islands ($8.28M), Niue ($3.59M), and Malaysia ($2.28M).

In 2022, New Zealand imported $5.4B in Refined Petroleum, mainly from South Korea ($2.11B), Singapore ($1.94B), Malaysia ($516M), Japan ($383M), and Chinese Taipei ($107M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Australia$9.56M (37.6%)
Cook Islands$3.18M (62.3%)
Niue$1.94M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY New Zealand WERE (2021 - 2022):
Singapore-$18.4M (-32.8%)
Malaysia-$3.17M (-58.1%)
South Korea-$366k (-75.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, New Zealand's main exporting competitors in Refined Petroleum were:
In 2022, New Zealand's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $11.1M
TOP IMPORT POTENTIALIndia+ $117M

Refined Petroleum’s highest export potential is Singapore. With an export gap of $11.1M.   Refined Petroleum’s highest import potential is India with an import gap of $117M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with