2022
Exports
$3.39MWorld Rnk 60 / 186
Flag Rnk 385 / 1168
2022
PRODUCT COMPLEXITY IN Electric Motor Parts
0.66Rnk 292 / 1025
2022
Imports
$24.9MWorld Rnk 64 / 219
Flag Rnk 328 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $3.39M in Electric Motor Parts, making it the 60th largest exporter of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 385th most exported product in New Zealand. The main destination of Electric Motor Parts exports from New Zealand are: Netherlands ($1.29M), Australia ($907k), Germany ($194k), France ($181k), and French Polynesia ($169k).

The fastest growing export markets for Electric Motor Parts of New Zealand between 2021 and 2022 were Netherlands ($1.27M), France ($180k), and French Polynesia ($164k).

Imports In 2022, New Zealand imported $24.9M in Electric Motor Parts, becoming the 64th largest importer of Electric Motor Parts in the world. At the same year, Electric Motor Parts was the 328th most imported product in New Zealand. New Zealand imports Electric Motor Parts primarily from: United States ($7.48M), Australia ($3.75M), Netherlands ($3.18M), China ($2.48M), and Spain ($1.96M).

The fastest growing import markets in Electric Motor Parts for New Zealand between 2021 and 2022 were United States ($3.46M), Australia ($2.17M), and Mexico ($1.35M).

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 Motor Parts. 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)$3.39M
IMPORTS (2022)$24.9M
NET TRADE (2022)-$21.5M

In 2022, New Zealand exported $3.39M in Electric Motor Parts. The main destinations of New Zealand exports on Electric Motor Parts were Netherlands ($1.29M), Australia ($907k), Germany ($194k), France ($181k), and French Polynesia ($169k).

In 2022, New Zealand imported $24.9M in Electric Motor Parts, mainly from United States ($7.48M), Australia ($3.75M), Netherlands ($3.18M), China ($2.48M), and Spain ($1.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motor Parts EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Netherlands$1.27M (6.48k%)
France$180k (11k%)
French Polynesia$164k (3.61k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motor Parts BY New Zealand WERE (2021 - 2022):
Australia-$283k (-23.8%)
New Caledonia-$125k (-74.8%)
Singapore-$59.4k (-61%)

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 Motor Parts were:
China $6.95B
Germany $2.21B
Japan $1.62B
In 2022, New Zealand's main importing competitors in Electric Motor Parts were:

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Trade Value of Electric Motor Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $280k
TOP IMPORT POTENTIALChina+ $2.41M

Electric Motor Parts’s highest export potential is Germany. With an export gap of $280k.   Electric Motor Parts’s highest import potential is China with an import gap of $2.41M.

See methodology.

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