2022
Exports
$4MWorld Rnk 53 / 218
Flag Rnk 360 / 1168
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$44MWorld Rnk 41 / 224
Flag Rnk 218 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $4M in Other Hand Tools, making it the 53rd largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 360th most exported product in New Zealand. The main destination of Other Hand Tools exports from New Zealand are: Australia ($1.37M), United States ($358k), Cook Islands ($278k), Fiji ($264k), and Solomon Islands ($192k).

The fastest growing export markets for Other Hand Tools of New Zealand between 2021 and 2022 were Solomon Islands ($169k), Fiji ($120k), and Cook Islands ($66.4k).

Imports In 2022, New Zealand imported $44M in Other Hand Tools, becoming the 41st largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 218th most imported product in New Zealand. New Zealand imports Other Hand Tools primarily from: China ($16.4M), Australia ($7.21M), Chinese Taipei ($5.95M), United States ($5.69M), and Germany ($2.35M).

The fastest growing import markets in Other Hand Tools for New Zealand between 2021 and 2022 were United States ($653k), Chinese Taipei ($221k), and Germany ($176k).

Latest Trends

Jul 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 Other Hand Tools. 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)$4M
IMPORTS (2022)$44M
NET TRADE (2022)-$40M

In 2022, New Zealand exported $4M in Other Hand Tools. The main destinations of New Zealand exports on Other Hand Tools were Australia ($1.37M), United States ($358k), Cook Islands ($278k), Fiji ($264k), and Solomon Islands ($192k).

In 2022, New Zealand imported $44M in Other Hand Tools, mainly from China ($16.4M), Australia ($7.21M), Chinese Taipei ($5.95M), United States ($5.69M), and Germany ($2.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Solomon Islands$169k (730%)
Fiji$120k (83.6%)
Cook Islands$66.4k (31.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY New Zealand WERE (2021 - 2022):
Australia-$798k (-36.9%)
United States-$519k (-59.2%)
Slovakia-$51.1k (-70.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Other Hand Tools were:
In 2022, New Zealand's main importing competitors in Other Hand Tools were:

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $400k
TOP IMPORT POTENTIALChina+ $1.03M

Other Hand Tools’s highest export potential is United States. With an export gap of $400k.   Other Hand Tools’s highest import potential is China with an import gap of $1.03M.

See methodology.

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