2022
Exports
$7.25MWorld Rnk 68 / 209
Flag Rnk 276 / 1168
2022
PRODUCT COMPLEXITY IN Electric Batteries
1.02Rnk 164 / 1025
2022
Imports
$162MWorld Rnk 55 / 225
Flag Rnk 63 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $7.25M in Electric Batteries, making it the 68th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 276th most exported product in New Zealand. The main destination of Electric Batteries exports from New Zealand are: Australia ($1.76M), Tonga ($813k), Solomon Islands ($755k), United States ($633k), and Fiji ($305k).

The fastest growing export markets for Electric Batteries of New Zealand between 2021 and 2022 were Tonga ($712k), Solomon Islands ($622k), and Hong Kong ($222k).

Imports In 2022, New Zealand imported $162M in Electric Batteries, becoming the 55th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 63rd most imported product in New Zealand. New Zealand imports Electric Batteries primarily from: China ($68.7M), South Korea ($29.5M), Australia ($14.6M), United States ($13.9M), and Philippines ($5.66M).

The fastest growing import markets in Electric Batteries for New Zealand between 2021 and 2022 were China ($18.6M), United States ($5.13M), and Australia ($3.46M).

Latest Trends

Sep 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 Electric Batteries. 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)$7.25M
IMPORTS (2022)$162M
NET TRADE (2022)-$155M

In 2022, New Zealand exported $7.25M in Electric Batteries. The main destinations of New Zealand exports on Electric Batteries were Australia ($1.76M), Tonga ($813k), Solomon Islands ($755k), United States ($633k), and Fiji ($305k).

In 2022, New Zealand imported $162M in Electric Batteries, mainly from China ($68.7M), South Korea ($29.5M), Australia ($14.6M), United States ($13.9M), and Philippines ($5.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Tonga$712k (699%)
Solomon Islands$622k (467%)
Hong Kong$222k (568%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY New Zealand WERE (2021 - 2022):
Vietnam-$165k (-77.7%)
Papua New Guinea-$125k (-95.3%)
Cuba-$111k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.23M
TOP IMPORT POTENTIALChina+ $23.6M

Electric Batteries’s highest export potential is United States. With an export gap of $1.23M.   Electric Batteries’s highest import potential is China with an import gap of $23.6M.

See methodology.

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