2022
Exports
$9.83MWorld Rnk 62 / 155
Flag Rnk 245 / 1168
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$31.8MWorld Rnk 70 / 219
Flag Rnk 281 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $9.83M in Margarine, making it the 62nd largest exporter of Margarine in the world. At the same year, Margarine was the 245th most exported product in New Zealand. The main destination of Margarine exports from New Zealand are: Australia ($2.1M), Fiji ($1.02M), Thailand ($891k), Papua New Guinea ($803k), and United States ($711k).

The fastest growing export markets for Margarine of New Zealand between 2021 and 2022 were United States ($688k), Canada ($613k), and Singapore ($548k).

Imports In 2022, New Zealand imported $31.8M in Margarine, becoming the 70th largest importer of Margarine in the world. At the same year, Margarine was the 281st most imported product in New Zealand. New Zealand imports Margarine primarily from: Australia ($18M), Indonesia ($6.1M), Malaysia ($3.55M), United States ($1.68M), and China ($1.22M).

The fastest growing import markets in Margarine for New Zealand between 2021 and 2022 were China ($880k), United States ($877k), and Malaysia ($399k).

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 Margarine. 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)$9.83M
IMPORTS (2022)$31.8M
NET TRADE (2022)-$22M

In 2022, New Zealand exported $9.83M in Margarine. The main destinations of New Zealand exports on Margarine were Australia ($2.1M), Fiji ($1.02M), Thailand ($891k), Papua New Guinea ($803k), and United States ($711k).

In 2022, New Zealand imported $31.8M in Margarine, mainly from Australia ($18M), Indonesia ($6.1M), Malaysia ($3.55M), United States ($1.68M), and China ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
United States$688k (3k%)
Canada$613k (1%)
Singapore$548k (546%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY New Zealand WERE (2021 - 2022):
China-$666k (-65.7%)
Australia-$335k (-13.7%)
Fiji-$256k (-20.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Margarine were:
In 2022, New Zealand's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $648k
TOP IMPORT POTENTIALIndonesia+ $1.46M

Margarine’s highest export potential is China. With an export gap of $648k.   Margarine’s highest import potential is Indonesia with an import gap of $1.46M.

See methodology.

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