Imports to New Zealand jumped 38.4 percent from a year earlier to a record high of NZD 6,495 million in July of 2021 led by a rise in imports of vehicles, parts, and accessories, up NZD 415 million. Other commodities to rise included mechanical machinery and equipment (up NZD 223 million), and petroleum and petrol products (up NZD 207 million). The country contributing the most to the increase in vehicles, parts, and accessories was Japan, up NZD 165 million. This was followed by the European Union, up NZD 64 million. source: Statistics New Zealand
Imports in New Zealand averaged 1794.93 NZD Million from 1960 until 2021, reaching an all time high of 6494.53 NZD Million in August of 2021 and a record low of 37.85 NZD Million in April of 1962. This page provides the latest reported value for - New Zealand Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Imports - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Imports in New Zealand is expected to be 5868.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Imports is projected to trend around 5555.00 NZD Million in 2022 and 5653.00 NZD Million in 2023, according to our econometric models.