New Zealand ImportsJanuary 2023 Data - 1960-2022 Historical - February Forecast

Name: New Zealand Imports
Creator: TRADING ECONOMICS
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Keywords: New Zealand,Imports,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Goods imports to New Zealand increased 1.8% year-on-year to NZD 7.2 billion in December of 2022, prompted by purchases of aircraft and parts. Considering full 2022, imports rose sharply by 23% to NZD 86.7 billion amid high prices. source: Statistics New Zealand

Imports in New Zealand averaged 1907.36 NZD Million from 1960 until 2022, reaching an all time high of 8519.66 NZD Million in November 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 February of 2023.

Imports in New Zealand is expected to be 7200.00 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 6990.00 NZD Million in 2024 and 7210.00 NZD Million in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-475.39	-2179.86	NZD Million	Dec 2022
Current Account	-10205.00	-5423.00	NZD Million	Sep 2022
Current Account to GDP	-6.50	-2.70	percent of GDP	Dec 2021
Exports	6716.93	6339.80	NZD Million	Dec 2022
Imports	7192.32	8519.66	NZD Million	Dec 2022
Terms of Trade	1440.00	1491.00	points	Sep 2022
Foreign Direct Investment	2134.00	5624.00	NZD Million	Sep 2022
Capital Flows	5148.00	8654.00	NZD Million	Sep 2022
Tourist Arrivals	231313.00	161631.00		Nov 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).