2022
Exports
$2.97MWorld Rnk 62 / 209
Flag Rnk 405 / 1168
2022
PRODUCT COMPLEXITY IN Electrical Ignitions
0.62Rnk 310 / 1025
2022
Imports
$31.7MWorld Rnk 59 / 223
Flag Rnk 283 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $2.97M in Electrical Ignitions, making it the 62nd largest exporter of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 405th most exported product in New Zealand. The main destination of Electrical Ignitions exports from New Zealand are: Australia ($711k), Fiji ($414k), Canada ($262k), Samoa ($164k), and Vietnam ($160k).

The fastest growing export markets for Electrical Ignitions of New Zealand between 2021 and 2022 were Australia ($390k), Canada ($194k), and United Arab Emirates ($89.1k).

Imports In 2022, New Zealand imported $31.7M in Electrical Ignitions, becoming the 59th largest importer of Electrical Ignitions in the world. At the same year, Electrical Ignitions was the 283rd most imported product in New Zealand. New Zealand imports Electrical Ignitions primarily from: Australia ($11.5M), China ($4.44M), United States ($4.08M), Japan ($3.15M), and Chinese Taipei ($1.44M).

The fastest growing import markets in Electrical Ignitions for New Zealand between 2021 and 2022 were United States ($510k), China ($317k), and Poland ($224k).

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 Electrical Ignitions. 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)$2.97M
IMPORTS (2022)$31.7M
NET TRADE (2022)-$28.8M

In 2022, New Zealand exported $2.97M in Electrical Ignitions. The main destinations of New Zealand exports on Electrical Ignitions were Australia ($711k), Fiji ($414k), Canada ($262k), Samoa ($164k), and Vietnam ($160k).

In 2022, New Zealand imported $31.7M in Electrical Ignitions, mainly from Australia ($11.5M), China ($4.44M), United States ($4.08M), Japan ($3.15M), and Chinese Taipei ($1.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Ignitions EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Australia$390k (122%)
Canada$194k (288%)
United Arab Emirates$89.1k (2.55k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Ignitions BY New Zealand WERE (2021 - 2022):
Fiji-$180k (-30.3%)
Chile-$163k (-99.5%)
United States-$125k (-59.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Ignitions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $292k
TOP IMPORT POTENTIALChina+ $2.47M

Electrical Ignitions’s highest export potential is United States. With an export gap of $292k.   Electrical Ignitions’s highest import potential is China with an import gap of $2.47M.

See methodology.

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