New Zealand Import Data
Recognized as an island nation, New Zealand is situated in the southwest of the Pacific Ocean. The North and South Islands are the two main landmasses that make up the nation. New Zealand's economy is mostly reliant on the export of agricultural goods. New Zealand is bordered by Australia, Tonga, and Fiji. On the complexity index, the nation is ranked 46th in the world. On the other hand, the nation ranked twenty-third in terms of GDP. According to New Zealand trade statistics, New Zealand is ranked 59th out of 226 nations in terms of total imports in 2023. In today's globalized world, the import-export industry plays a vital role in national economies. New Zealand, known for its stunning landscapes and rich culture, is no exception. Understanding the import data of the country is crucial for businesses and policymakers alike.
According to New Zealand’s import data, New Zealand imported goods worth $50 billion in 2023. Imports of goods into New Zealand declined by 9% from the previous year to 2023. Based on New Zealand shipment data for 2023, mineral fuels and oils are the biggest imports of New Zealand, while China is its biggest import partner. New Zealand’s total GDP is $249 billion, with a GDP import share of 26%. New Zealand is a part of trading blocs such as the WTO and GATT. Let us now delve into New Zealand import data, specifically focusing on the insights and trends of New Zealand statistical data for 2023.