2022
Exports
$3.76MWorld Rnk 50 / 159
Flag Rnk 369 / 1168
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$7.17MWorld Rnk 75 / 209
Flag Rnk 568 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $3.76M in Electric Furnaces, making it the 50th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 369th most exported product in New Zealand. The main destination of Electric Furnaces exports from New Zealand are: United States ($1.7M), Australia ($481k), Canada ($448k), United Kingdom ($271k), and Italy ($220k).

The fastest growing export markets for Electric Furnaces of New Zealand between 2021 and 2022 were United States ($525k), Canada ($397k), and United Kingdom ($211k).

Imports In 2022, New Zealand imported $7.17M in Electric Furnaces, becoming the 75th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 568th most imported product in New Zealand. New Zealand imports Electric Furnaces primarily from: Italy ($1.55M), China ($1.49M), Canada ($747k), United States ($725k), and Germany ($516k).

The fastest growing import markets in Electric Furnaces for New Zealand between 2021 and 2022 were Canada ($471k), China ($395k), and Finland ($340k).

Latest Trends

Sep 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 Electric Furnaces. 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)$3.76M
IMPORTS (2022)$7.17M
NET TRADE (2022)-$3.4M

In 2022, New Zealand exported $3.76M in Electric Furnaces. The main destinations of New Zealand exports on Electric Furnaces were United States ($1.7M), Australia ($481k), Canada ($448k), United Kingdom ($271k), and Italy ($220k).

In 2022, New Zealand imported $7.17M in Electric Furnaces, mainly from Italy ($1.55M), China ($1.49M), Canada ($747k), United States ($725k), and Germany ($516k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
United States$525k (44.5%)
Canada$397k (776%)
United Kingdom$211k (352%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY New Zealand WERE (2021 - 2022):
Chinese Taipei-$302k (-67.9%)
Australia-$128k (-21%)
Peru-$114k (-67.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, New Zealand's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, New Zealand's main importing competitors in Electric Furnaces were:

Explore Visualizations

Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $534k
TOP IMPORT POTENTIALChina+ $628k

Electric Furnaces’s highest export potential is United States. With an export gap of $534k.   Electric Furnaces’s highest import potential is China with an import gap of $628k.

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