Imports in New Zealand increased to 7930 NZD Million in August from 7760 NZD Million in July of 2022. source: Statistics New Zealand

Imports in New Zealand averaged 1874.54 NZD Million from 1960 until 2022, reaching an all time high of 7930 NZD Million in August of 2022 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 September of 2022.

Imports in New Zealand is expected to be 5965.00 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 5653.00 NZD Million in 2023, according to our econometric models.

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New Zealand Imports

Calendar GMT Actual Previous Consensus TEForecast
2022-08-18 10:45 PM Jul NZ$7.77B NZ$7.38B
2022-09-21 10:45 PM Aug NZ$7.93B NZ$7.76B
2022-10-20 09:45 PM Sep

Related Last Previous Unit Reference
Balance of Trade -2447.00 -1406.00 NZD Million Aug 2022
Current Account -5224.00 -6502.00 NZD Million Jun 2022
Current Account to GDP -2.70 -3.60 percent of GDP Dec 2020
Exports 5480.00 6350.00 NZD Million Aug 2022
Imports 7930.00 7760.00 NZD Million Aug 2022
Terms of Trade 1489.00 1526.00 points Jun 2022
Capital Flows 7993.00 4373.00 NZD Million Jun 2022
Foreign Direct Investment 5484.00 2453.00 NZD Million Jun 2022
Tourist Arrivals 134175.00 94648.00 Jul 2022

New Zealand Imports
New Zealand imports mainly vehicles (13 percent), nuclear reactors, boilers, machinery and mechanical appliances (13 percent), fuels (10 percent), electrical machinery and equipment (8 percent), plastics (4 percent) and aircraft, spacecraft (4 percent). Its major import partners are: China (20 percent of total imports), Australia and the US (12 percent each), Japan (7 percent), Germany (5 percent), Thailand and South Korea (4 percent each).
Actual Previous Highest Lowest Dates Unit Frequency
7930.00 7760.00 7930.00 37.85 1960 - 2022 NZD Million Monthly

News Stream
New Zealand Imports Hit New Record
Imports to New Zealand jumped 37 percent from a year earlier to an all-time high of NZD 6.73 billion in November 2021, helped by strong domestic demand and rising commodity prices. Purchases were up for mechanical machinery and equipment (36 percent), vehicles, parts, and accessories (32 percent), and petroleum and products (53 percent). Among top trade partners, imports rose from China (45 percent), the EU (38 percent), Australia (28 percent), the US (43 percent), and Japan (8 percent).
New Zealand Imports Hit New Record High
Imports to New Zealand jumped 30.5 percent from a year earlier to a fresh all-time high of NZD 6,567 million in September of 2021, the third successive month of record imports. The largest contributor to this rise was vehicles, parts, and accessories, up NZD 269 million (43 percent) to NZD 895 million. September 2021 also saw the highest monthly value of imports of electric vehicles to date, at NZD 53 million. Other significant rises in imports were in mechanical machinery and equipment (up NZD 192 million), and electrical machinery and equipment (up NZD 131 million), with its top contributor being mobile phones (up NZD 60 million).

United Nations Comtrade Database
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