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New Zealand’s Top 10 Exports: With Jetkrate, you can order some of these directly from New Zealand stores

Tourism was New Zealand's most important export industry, accounting for 20.1 percent of total exports. For the majority of New Zealand's first 100 years as a country, the amount earned from exports comfortably outstripped the amount spent on imports. However, the gap between exports and imports began to close after 1940.


During 2020, the preceding product groups have had the highest monetary value in New Zealand's import purchases. The percentage share within each product category in terms of total imports into New Zealand is also shown.

NEW ZEALAND’S TOP 10 EXPORTS:

1.    US$5.3 billion for machinery, including computers (14.3 percent of total imports)

Machine New Zealand's 2016 exports were valued at $1.88 billion, while its imports were seven and a half times as much at $12.2 billion in 2016. Sharing in the profits is a sure way of riches. Machines keep the world moving, including garden and farm and hydropower generators, moving. These things (prosperity, machinery, equipment) help with global trade, they are good for the economy.

2.    Vehicles: 4.2 billion dollars (11.3 percent)

Each vehicle is personally hand selected, inspected and certified according to the New Zealand regulation standards as direct importers of Japanese and European used vehicles. Only high-quality vehicles for sale at the best price can be ensured. Each vast selection will meet all your needs and budgets with so many vehicles available to choose from.
Here are some of the leading vehicles exported by New Zealand:

•    Cars: 2.5 billion US dollars (down -24.2 percent from 2019)
•    $825.9 million for trucks (down -30.3 percent)
•    Car parts/accessories: 309.1 million dollars (down -15 percent)
•    $182.8 million tractors (down -38 percent)
•    $145.1 million in trailers (down -18.4 percent)
•    $122 million in motorcycles (down -18.8 percent)
•    Non-motorized bicycles, other cycles: $46.9 million (down -23 percent)
•    Parts/accessories motorcycle: 41.3 million US dollars (down -7 percent)
•    Vehicles with special purpose: 30.6 million dollars (down -29.8 percent)
•    $22 million for public transportation vehicles (down -59 percent)

3.    Electrical machinery, equipment: 3.5 billion dollars (9.4 percent )

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In 2019 imports of mechanical machinery and equipment increased by 9.7 percent in New Zealand. The United States, EU and Australia are the main supplier of these equipment. While Japan would traditionally provide an enormous proportion of these imports this year, this market decreased. 


Main imports of machinery, mechanical apparats, nuclear reactors, heaters, electrical equipment and aircraft and components are part of New Zealand's main imports. In fact, imports of vehicles and mechanical machinery are the two highest import expenses in New Zealand.


Here are some of the leading machinery exported by New Zealand:

•    Optical readers: US$ 964.8 million Computers (up 3.2 percent from 2019)
•    $743.9 million turbo-jets: (down -31.1 percent)
•    Heavy equipment: 241.6 million dollars (bulldozer, excavator, road roller) (down -24.9 percent)
•    Taps, valves, equipment: $182.2 million (down -10.1 percent)
•    Climate Chamber: 163.1 million dollars (down -2.1 percent)
•    $159 million in centrifuges, filters and purifiers (down -8.9 percent)
•    Coolers, freezers: 151.4 million dollars (down -10.8 percent)
•    $147.2 million in machinery parts (down -21.5 percent)
•    Lifts and liquid pumps: 142.6 million dollars (up 0.7 percent)
•    Machinery for printing: 141.7 million dollars (down -23.1 percent)

New Zealand is an enormous consumer of oil products and because it has only 17% of what it needs in oil production it must import the commodities 97%. Oil is an important part of New Zealand's economy, and while it has oil reserves, its production has decreased over the years. They are importing oil from Malaysia, Australia, Saudi Arabia, Nigeria, Korea and Papua New Guinea, Russia, Indonesia, and Iraq. New Zealand can refine the oil once the crude oil has been imported and process sufficient oil to cover most domestic demands in the country.
Here are some of the leading oil exported by New Zealand:

4.    Oil and mineral fuel: $3.1 billion (8.4 percent)

•    Rough oil: 1,5 billion US dollars (down -45.1 percent from 2019)
•    Oil processed: 1,5 billion dollars (down -15.8 percent)
•    Oil waste: 63.6 million dollars (up 4.7 percent)
•    Bitumen mixes asphalt/oil: $19 million (up 551.9 percent)
•    Oil gas: 15.3 million dollars (down -25.6 percent)
•    Oil jelly, waxes: 6,3 million dollars (up 1.6 percent)
•    Coal, strong coal fuels: 5.9 million dollars (down -53.7 percent)
•    Turkeys: 3.2 million dollars (up 10.5 percent)
•    Coke: $3.2 million semi-coke (down -60.4 percent)
•    Bitumen, asphalt and shell: 1.8 million dollars (up 95.9 percent)

5.    Plastics: 1,5 billion dollars (3.9 percent )

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For New Zealanders, their big business is plastic. The plastics industry in New Zealand employs 8,000 people and has sales of over $1.8 billion per year. Around 8% of the weight of the waste in New Zealand is made from plastic. As plastic is so lightweight, however, we estimate it to be 20% of our site. Every year, approximately 252,000 tons of plastic heads reach our sites.

6.    €1.3 billion in optical, technical and medical equipment (3.6 percent)

New Zealand is the country's health system manager and developer. The Department funds, monitors and regulates the health sector's performance, ensuring that all legal requirements are met. The Ministry of Health is responsible for the regulatory units of therapeutic products for New Zealand, the Safety Authority for Medicine and Medical Providers (MEDSAFE).

7.    Pharmaceuticals: 994.9 million dollars (2.7 percent )

New Zealand has strong international commercial relations with partners in Asia, North America and Europe, as a highly advanced country. New Zealand's pharmaceutical companies can also develop top-quality medicines in the world. You are exclusive to a foreign and highly exclusive market through partnerships with New Zealand-based companies. There may also be access to certain rare solutions which are simply not possible for manufacturers from other countries.

8.    Animal food waste: $815.3 million waste from the food industry (2.2 percent)

According to the UN COMTRADE International Trade Database, New Zealand imports of residues from Thailand, food wastes, animal fodder were $28.08 million during 2020. Imports of waste, food waste, animal fodder from Thailand — data, historical charts and statistics New Zealand.

9.    Furniture, beds, lights, signs, buildings prefabricated: $772.3 million (2.1 percent)

According to the United Nations COMTRADE on international trade, New Zealand imports from Italy of mobilizations, lighting signs, prefabricated buildings were US $ 28.59 million in 2020. Imports of furniture, lights, prefabricated buildings from Italy to New Zealand.

10.    Iron or steel articles: 755,3 million dollars (2 percent )

According to the United Nations COMTRADE international trade database, New Zealand imports of iron or steel products from China amounted to US$ 347.27 million by 2020. Imported articles of iron or steel from China to New Zealand.

CONCLUSION

With several countries worldwide, New Zealand has made lasting import/export connections. But even so, the main major trading partners are China, which accounts for 20% of its exports, Australia for 18%, the European Union for 12%, the US for 11% and Japan for 6%. It is the 53rd largest economy worldwide. The country's economy is built on very advanced free trade.


Even though the Closer Economic Relations Agreement concluded in 1983 between the two countries closely aligns trade and best interests with Australia, New Zealand's GDP is considered large for its population and land size. New Zealanders thus have higher revenues and a much higher quality of life.