2022
Exports
$43.5MWorld Rnk 53 / 224
Flag Rnk 110 / 1168
2022
PRODUCT COMPLEXITY IN Valves
1.35Rnk 81 / 1025
2022
Imports
$219MWorld Rnk 60 / 224
Flag Rnk 40 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $43.5M in Valves, making it the 53rd largest exporter of Valves in the world. At the same year, Valves was the 110th most exported product in New Zealand. The main destination of Valves exports from New Zealand are: United States ($14.2M), Australia ($11.9M), India ($2.94M), Singapore ($1.99M), and Canada ($1.37M).

The fastest growing export markets for Valves of New Zealand between 2021 and 2022 were United States ($4.06M), Singapore ($1.36M), and India ($1.29M).

Imports In 2022, New Zealand imported $219M in Valves, becoming the 60th largest importer of Valves in the world. At the same year, Valves was the 40th most imported product in New Zealand. New Zealand imports Valves primarily from: China ($65.1M), Australia ($33.9M), United States ($21.3M), Italy ($17.8M), and Germany ($17.5M).

The fastest growing import markets in Valves for New Zealand between 2021 and 2022 were United States ($4.17M), Japan ($3.19M), and South Korea ($2.63M).

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 Valves. 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)$43.5M
IMPORTS (2022)$219M
NET TRADE (2022)-$175M

In 2022, New Zealand exported $43.5M in Valves. The main destinations of New Zealand exports on Valves were United States ($14.2M), Australia ($11.9M), India ($2.94M), Singapore ($1.99M), and Canada ($1.37M).

In 2022, New Zealand imported $219M in Valves, mainly from China ($65.1M), Australia ($33.9M), United States ($21.3M), Italy ($17.8M), and Germany ($17.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
United States$4.06M (40%)
Singapore$1.36M (218%)
India$1.29M (78.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY New Zealand WERE (2021 - 2022):
Australia-$5.47M (-31.6%)
France-$345k (-54.5%)
United Kingdom-$305k (-51.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $9.1M
TOP IMPORT POTENTIALChina+ $18.6M

Valves’s highest export potential is United States. With an export gap of $9.1M.   Valves’s highest import potential is China with an import gap of $18.6M.

See methodology.

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