2022
Exports
$841kWorld Rnk 51 / 200
Flag Rnk 603 / 1168
2022
PRODUCT COMPLEXITY IN Wrenches
1.67Rnk 30 / 1025
2022
Imports
$13.4MWorld Rnk 48 / 219
Flag Rnk 446 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $841k in Wrenches, making it the 51st largest exporter of Wrenches in the world. At the same year, Wrenches was the 603rd most exported product in New Zealand. The main destination of Wrenches exports from New Zealand are: Malaysia ($358k), Australia ($194k), United Kingdom ($77.1k), United States ($46.6k), and Samoa ($38.2k).

The fastest growing export markets for Wrenches of New Zealand between 2021 and 2022 were Australia ($115k), United Kingdom ($67.2k), and United States ($20.9k).

Imports In 2022, New Zealand imported $13.4M in Wrenches, becoming the 48th largest importer of Wrenches in the world. At the same year, Wrenches was the 446th most imported product in New Zealand. New Zealand imports Wrenches primarily from: China ($4.9M), Chinese Taipei ($3.9M), United States ($1.51M), Australia ($1.42M), and Germany ($354k).

The fastest growing import markets in Wrenches for New Zealand between 2021 and 2022 were China ($1.48M), United States ($644k), and Australia ($227k).

Latest Trends

Jul 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 Wrenches. 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)$841k
IMPORTS (2022)$13.4M
NET TRADE (2022)-$12.6M

In 2022, New Zealand exported $841k in Wrenches. The main destinations of New Zealand exports on Wrenches were Malaysia ($358k), Australia ($194k), United Kingdom ($77.1k), United States ($46.6k), and Samoa ($38.2k).

In 2022, New Zealand imported $13.4M in Wrenches, mainly from China ($4.9M), Chinese Taipei ($3.9M), United States ($1.51M), Australia ($1.42M), and Germany ($354k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Australia$115k (146%)
United Kingdom$67.2k (678%)
United States$20.9k (81.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY New Zealand WERE (2021 - 2022):
Singapore-$118k (-99%)
Denmark-$76.9k (-100%)
Israel-$16.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $80k
TOP IMPORT POTENTIALChina+ $388k

Wrenches’s highest export potential is United States. With an export gap of $80k.   Wrenches’s highest import potential is China with an import gap of $388k.

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