2022
Exports
$72.1MWorld Rnk 40 / 202
Flag Rnk 75 / 1168
2022
PRODUCT COMPLEXITY IN Sauces and Seasonings
-0.62Rnk 736 / 1025
2022
Imports
$110MWorld Rnk 40 / 225
Flag Rnk 104 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $72.1M in Sauces and Seasonings, making it the 40th largest exporter of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 75th most exported product in New Zealand. The main destination of Sauces and Seasonings exports from New Zealand are: Australia ($41.1M), Japan ($19.4M), South Korea ($4.39M), Papua New Guinea ($2.92M), and Fiji ($970k).

The fastest growing export markets for Sauces and Seasonings of New Zealand between 2021 and 2022 were New Zealand ($209k), Fiji ($177k), and United Arab Emirates ($144k).

Imports In 2022, New Zealand imported $110M in Sauces and Seasonings, becoming the 40th largest importer of Sauces and Seasonings in the world. At the same year, Sauces and Seasonings was the 104th most imported product in New Zealand. New Zealand imports Sauces and Seasonings primarily from: N/A.

The fastest growing import markets in Sauces and Seasonings for New Zealand between 2021 and 2022 were United States ($2.91M), Australia ($1.23M), and Thailand ($461k).

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 Sauces and Seasonings. 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)$72.1M
IMPORTS (2022)$110M
NET TRADE (2022)-$38.3M

In 2022, New Zealand exported $72.1M in Sauces and Seasonings. The main destinations of New Zealand exports on Sauces and Seasonings were Australia ($41.1M), Japan ($19.4M), South Korea ($4.39M), Papua New Guinea ($2.92M), and Fiji ($970k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sauces and Seasonings EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
New Zealand$209k (417%)
Fiji$177k (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sauces and Seasonings BY New Zealand WERE (2021 - 2022):
Australia-$9.55M (-18.8%)
Japan-$1.2M (-5.84%)
Papua New Guinea-$413k (-12.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Sauces and Seasonings were:
In 2022, New Zealand's main importing competitors in Sauces and Seasonings were:

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Trade Value of Sauces and Seasonings by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $552k
TOP IMPORT POTENTIALChina+ $2.93M

Sauces and Seasonings’s highest export potential is South Korea. With an export gap of $552k.   Sauces and Seasonings’s highest import potential is China with an import gap of $2.93M.

See methodology.

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