Crude Oil Production in New Zealand decreased to 7 BBL/D/1K in March from 10 BBL/D/1K in February of 2021. source: U.S. Energy Information Administration

Crude Oil Production in New Zealand averaged 34.27 BBL/D/1K from 1993 until 2021, reaching an all time high of 72 BBL/D/1K in December of 2007 and a record low of 6 BBL/D/1K in April of 2020. This page provides the latest reported value for - New Zealand Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Crude Oil Production - values, historical data and charts - was last updated on July of 2021.

Crude Oil Production in New Zealand is expected to be 26.99 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in New Zealand to stand at 26.99 in 12 months time. In the long-term, the New Zealand Crude Oil Production is projected to trend around 26.99 BBL/D/1K in 2022, according to our econometric models.

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New Zealand Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
7.00 10.00 72.00 6.00 1993 - 2021 BBL/D/1K Monthly
NSA

New Zealand Trade Last Previous Highest Lowest Unit
Balance of Trade 261.43 488.59 1350.34 -1641.63 NZD Million [+]
Current Account -2895.00 -2590.00 1903.00 -6651.00 NZD Million [+]
Current Account to GDP -2.70 -3.60 -0.10 -8.90 percent of GDP [+]
Imports 5691.60 5398.08 6133.86 37.85 NZD Million [+]
Exports 5953.03 5886.66 5953.03 19.68 NZD Million [+]
External Debt 287822.00 291286.00 305121.00 67673.00 NZD Million [+]
Terms of Trade 1477.00 1476.00 1526.00 796.00 points [+]
Capital Flows -2428.00 5694.00 7235.00 -7892.00 NZD Million [+]
Foreign Direct Investment 1906.00 2661.00 4752.00 -7322.00 NZD Million [+]
Tourist Arrivals 57605.00 31931.00 529255.00 40.00 [+]
Weapons Sales 6.00 4.00 75.00 0.00 SIPRI TIV Million [+]
Terrorism Index 4.34 0.14 4.34 0.00 [+]
Crude Oil Production 7.00 10.00 72.00 6.00 BBL/D/1K [+]
Global Dairy Trade Price Index -2.90 -3.60 22.60 -14.00 percent [+]