Top Export Products from New Zealandby Mitchell Wekey Business Developer & Brand Marketer International buyers pay dollars when paying for exported products from New Zealand. Due to the country's weaker local currency, however, overseas importers spend less despite paying in dollars.
Based on 2019 data, nearly 60 per cent or more than half of New Zealand’s exports were delivered to Asia. 15.5 per cent were imported by Australia and other neighbours in Oceania. North America, on one had, received 11.2 per cent of export goods from NZ, while 9.9 per cent of exports were to delivered to European countries.
Calculating the 5 million people (as of latest census) living in the country, its total $38.2 billion export sales is equivalent to $7,600 allocated to each citizen in this progressive island-state in Oceania.
Internationally shipped export products from NZ with the highest values in US dollar (percentage share in terms of overall export).
- Dairy products (includes eggs & honey)
Valuation - $10.7 billion (27.9 per cent)
- Meat products
Valuation - $5.3 billion (13.9 per cent)
Valuation - $3.3 billion (8.7 per cent)
- Fruits & nuts
Valuation - $2.2 billion (5.9 per cent)
- Cereal/milk preparations
Valuation - $1.5 billion (3.9 per cent)
- Beverages (alcoholic, juices & soda products); condiments
Valuation - $1.4 billion (3.7 per cent)
- Fish exports
Valuation - $1.2 billion (3.2 per cent)
- Machinery & electronic spare parts
Valuation - $1 billion (2.6 per cent)
- All kinds of food preparations
Valuation - $886.9 million (2.3 per cent)
- Modified starches, glues, enzymes
Valuation - $815.5 million (2.1 per cent)
The top exports from New Zealand comprise 74.3 per cent of the total value of its international shipments.
Created on Jun 30th 2020 11:32. Viewed 82 times.