2022
Exports
$13.8MWorld Rnk 35 / 174
Flag Rnk 207 / 1168
2022
PRODUCT COMPLEXITY IN Woodworking machines
1.28Rnk 96 / 1025
2022
Imports
$55.9MWorld Rnk 38 / 218
Flag Rnk 173 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $13.8M in Woodworking machines, making it the 35th largest exporter of Woodworking machines in the world. At the same year, Woodworking machines was the 207th most exported product in New Zealand. The main destination of Woodworking machines exports from New Zealand are: United States ($7.65M), Australia ($3.27M), Canada ($870k), Brazil ($288k), and Papua New Guinea ($274k).

The fastest growing export markets for Woodworking machines of New Zealand between 2021 and 2022 were United States ($1.94M), Brazil ($288k), and Papua New Guinea ($167k).

Imports In 2022, New Zealand imported $55.9M in Woodworking machines, becoming the 38th largest importer of Woodworking machines in the world. At the same year, Woodworking machines was the 173rd most imported product in New Zealand. New Zealand imports Woodworking machines primarily from: China ($16.9M), Germany ($9.09M), Italy ($6.67M), Australia ($3.97M), and Chinese Taipei ($3.9M).

The fastest growing import markets in Woodworking machines for New Zealand between 2021 and 2022 were Canada ($2.62M), China ($2.12M), and Australia ($1.53M).

Latest Trends

Oct 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 Woodworking machines. 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)$13.8M
IMPORTS (2022)$55.9M
NET TRADE (2022)-$42.1M

In 2022, New Zealand exported $13.8M in Woodworking machines. The main destinations of New Zealand exports on Woodworking machines were United States ($7.65M), Australia ($3.27M), Canada ($870k), Brazil ($288k), and Papua New Guinea ($274k).

In 2022, New Zealand imported $55.9M in Woodworking machines, mainly from China ($16.9M), Germany ($9.09M), Italy ($6.67M), Australia ($3.97M), and Chinese Taipei ($3.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Woodworking machines EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
United States$1.94M (34%)
Brazil$288k (1%)
Papua New Guinea$167k (154%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Woodworking machines BY New Zealand WERE (2021 - 2022):
Australia-$2.24M (-40.7%)
Norway-$315k (-82.8%)
United Kingdom-$181k (-57.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Woodworking machines were:
China $2.66B
Germany $1.99B
Italy $1.23B
In 2022, New Zealand's main importing competitors in Woodworking machines were:

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Trade Value of Woodworking machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $414k
TOP IMPORT POTENTIALChina+ $1.21M

Woodworking machines’s highest export potential is United States. With an export gap of $414k.   Woodworking machines’s highest import potential is China with an import gap of $1.21M.

See methodology.

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