What products do New Zealand import?

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).

What is most imported in New Zealand?

Top 10

  • Machinery including computers: US$5.3 billion (14.3% of total imports)
  • Vehicles: $4.2 billion (11.3%)
  • Electrical machinery, equipment: $3.5 billion (9.4%)
  • Mineral fuels including oil: $3.1 billion (8.4%)
  • Plastics, plastic articles: $1.5 billion (3.9%)
  • Optical, technical, medical apparatus: $1.3 billion (3.6%)

What are New Zealand’s main imports and exports?

Economy of New Zealand

Statistics
Exports $62.4 billion (FY 2020)
Export goods Dairy products, meat, logs and wood products, fruit, machinery and equipment, wine, fish and seafood
Main export partners China 23.0% Australia 16.4% United States 11.4% European Union 10.6% Japan 5.3% (FY 2019/20)
Imports $59.6 billion (FY 2020)

Does New Zealand import most of its food?

New Zealand imports processed and unprocessed food products like meat and dairy products, grains and seeds, and wine and beverages. MPI protects New Zealand consumers by setting minimum regulatory requirements for the safety of food entering New Zealand.

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What can we export to New Zealand?

India’s major exports to New Zealand are retail medicines, precious metals and jewellery, textiles and apparel, motor vehicles. Export process from India to New Zealand and other countries is almost same worldwide.

What are NZ Top 5 imports?

New Zealand’s Top 5 Commodity Imports

  • Crude Petroleum – $2.5 billion.
  • Refined Petroleum – $2.1 billion.
  • Aluminium Oxide – $296 million.
  • Rubber Tires – $256 million.
  • Iron Structures – $162 million.

What is the main product of New Zealand?

Agricultural products—principally meat, dairy products, and fruits and vegetables—are New Zealand’s major exports; crude oil and wood and paper products are also significant. The major imports are crude and refined oil, machinery, and vehicles.

What is NZ biggest export industry?

Tourism was New Zealand’s biggest export industry, contributing 20.1% of total exports. Tourism generated a direct annual contribution to GDP of $16.4 billion, or 5.5%, and a further indirect contribution of $11.3 billion, another 3.8% of New Zealand’s total GDP.

What are NZ top 10 exports?

New Zealand’s Top 10 Exports

  • Meat: $5.6 billion (14.6%) Wood: $2.9 billion (7.6%) …
  • Alcoholic beverages: $1.4 billion (3.8%)
  • Machines, engines, pumps: $1.3 billion (3.5%) Modified starches, enzymes: $1.1 billion (3%) …
  • Other food preparations: $876.8 million (2.3%) Aluminum: $835.3 million (2.2%)

Does New Zealand rely on imports?

Trade is critical to New Zealand’s economy. We can only pay for the goods and services we import from overseas by selling exports to other countries. At the moment, international trade (exports and imports) make up around 60% of New Zealand’s total economic activity.

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What fruit does NZ import?

Bananas, grapes, and citrus are the largest fruit categories being imported by New Zealand. Total import demand was worth nearly $150 million last year.

What countries does NZ import from?

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New Zealand Imports By Country Value Year
United States $3.59B 2020
Japan $2.11B 2020
South Korea $1.80B 2020
Germany $1.76B 2020

Does NZ import beef?

An unusually dry summer and earlier-than-normal cattle slaughter meant Australian beef imports to New Zealand tripled in winter 2014 compared to the same period the previous year.

What is the biggest industry in NZ?

Agriculture is New Zealand’s biggest industry. Overall, it generates 70% of NZ’s merchandise export earnings and 12% gross domestic product. New Zealand is the world’s largest exporter for dairy and sheep meat, which is evident as you drive past never-ending sheep and cow fields.

What products do we import?

What Are the Major U.S. Imports?

  • Machinery (including computers and hardware) – $386.4 billion.
  • Electrical machinery – $367.1 billion.
  • Vehicles and automobiles – $306.7 billion.
  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.

What does New Zealand import from India?

New Zealand tends to export goods such as dairy, meat, oil, and timber, while importing machinery, electronics, and textiles. India is the seventh largest country in world in terms of total land area and it is second most populous country with over 1 billion people.