What products does New Zealand import?

New Zealand imports mainly vehicles (13 percent), nuclear reactors, boilers, machinery and mechanical appliances (13 percent), fuels (10 percent), electrical machinery and equipment (8 percent), plastics (4 percent) and aircraft, spacecraft (4 percent).

What are NZ main imports?

New Zealand’s Top 10 Imports

  • Machinery including computers: US$5.3 billion (14.3% of total imports)
  • Vehicles: $4.2 billion (11.3%)
  • Electrical machinery, equipment: $3.5 billion (9.4%)
  • Mineral fuels including oil: $3.1 billion (8.4%)
  • Plastics, plastic articles: $1.5 billion (3.9%)

What goods do we export to New Zealand?

Top 10

  • Dairy, eggs, honey: US$10.6 billion (28.5% of total exports)
  • Meat: $5.2 billion (14%)
  • Wood: $2.9 billion (7.9%)
  • Fruits, nuts: $2.5 billion (6.7%)
  • Cereal/milk preparations: $1.6 billion (4.3%)
  • Beverages, spirits, vinegar: $1.5 billion (4%)
  • Fish: $1.1 billion (2.8%)

What does New Zealand import and export?

Economy of New Zealand

Exports $62.4 billion (FY 2020)
Export goods Dairy products, meat, logs and wood products, fruit, machinery and equipment, wine, fish and seafood
Main export partners China 23.0% Australia 16.4% United States 11.4% European Union 10.6% Japan 5.3% (FY 2019/20)
Imports $59.6 billion (FY 2020)
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What are New Zealand’s Top 5 imports?

Imports The top imports of New Zealand are Cars ($2.94B), Crude Petroleum ($2.32B), Refined Petroleum ($1.67B), Delivery Trucks ($1.16B), and Gas Turbines ($1.01B), importing mostly from China ($7.35B), Australia ($5.81B), United States ($3.65B), Japan ($2.42B), and Germany ($2B).

What are NZ top 10 exports?

New Zealand’s Top 10 Exports

  • Meat: $5.6 billion (14.6%) Wood: $2.9 billion (7.6%) …
  • Alcoholic beverages: $1.4 billion (3.8%)
  • Machines, engines, pumps: $1.3 billion (3.5%) Modified starches, enzymes: $1.1 billion (3%) …
  • Other food preparations: $876.8 million (2.3%) Aluminum: $835.3 million (2.2%)

Does New Zealand rely on imports?

Trade is critical to New Zealand’s economy. We can only pay for the goods and services we import from overseas by selling exports to other countries. At the moment, international trade (exports and imports) make up around 60% of New Zealand’s total economic activity.

What product does New Zealand export in large amounts?

The foundation of New Zealand’s economy is exporting agricultural commodities such as dairy products, meat, forest products, fruit and vegetables, and wine. Dairy is the lead export commodity. In 2020, New Zealand exports to the U.S. totaled US$4.2 billion, approximately 10% of New Zealand’s total exports.

What countries does NZ import from?

New Zealand trade balance, exports and imports by country

In 2019, New Zealand major trading partner countries for exports were China, Australia, United States, Japan and Korea, Rep. and for imports they were China, Australia, United States, Japan and Germany.

What does New Zealand import from India?

New Zealand tends to export goods such as dairy, meat, oil, and timber, while importing machinery, electronics, and textiles. India is the seventh largest country in world in terms of total land area and it is second most populous country with over 1 billion people.

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Does NZ import dairy?

Dairy imports into New Zealand totaled US$265 m in 2017, 27 percent above 2016, but very similar to 2015. For the first 9 months of 2018, dairy imports reached US$189 m, 11 percent higher than in the comparable period in 2017. The main import has been lactose from the United States and the E.U.

How much of NZ food is imported?

New Zealand – Food imports as a share of merchandise imports

In 2020, food imports for New Zealand was 13.4 %. Food imports of New Zealand increased from 7.1 % in 1971 to 13.4 % in 2020 growing at an average annual rate of 1.59%.