China received 44 percent of New Zealand’s dairy, 90 percent of logs, and 41 percent of meat, Stats NZ said. In June 2021, the value of all New Zealand goods exports rose 17 percent from June 2020 to 6 billion NZ dollars (4.18 billion U.S. dollars). The previous high for exports was in May 2021, it said.
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What does NZ export to China?
2019. 6,787,000,000. New Zealand’s top four exports to China were dairy products (milk powder, butter, and cheese), wood (logs, wood, and wood articles), meat (meat and edible offal), and travel services (including spending by holidaymakers, business travellers, and students).
What does NZ import to China?
New Zealand’s major imports from China include: Electronics. Machinery. Clothing.
What does China buy from NZ?
NZ’s Share of China’s Imports: Top 10 (2019)
NZ supplies more than half of all dairy that China imports from the world. New Zealand also supplies a significant amount of the wood, meat, fruit and wool that China imports.
What do we export to China?
Exports to China benefit nearly all US states and industries.The top US goods exports to China are oilseeds and grains, semiconductors and their componentry, oil and gas, and motor vehicles. Many states also generate substantial economic value from service exports like travel, education, and financial services.
How much debt does NZ owe China?
New Zealand External Debt accounted for 90.3 % of the country’s Nominal GDP in 2020, compared with the ratio of 90.1 % in the previous year.
Buy Selected Data.
| country/region | Last |
|---|---|
| Canada (%) | 142.8 2020 |
| Chile (%) | 82.4 2020 |
| China (%) | 16.3 2020 |
| Colombia (%) | 56.7 2020 |
What are New Zealands main exports?
The foundation of New Zealand’s economy is exporting agricultural commodities such as dairy products, meat, forest products, fruit and vegetables, and wine. Dairy is the lead export commodity. Tourism is New Zealand’s largest export industry in terms of foreign exchange earnings.
Does NZ import food from China?
The countries from which we import the most frozen fruit and vegetables are: China – $14.3 million. Chile – $7.2 million. USA – $4.5 million.
Does NZ have free trade with China?
In a world first for any developed country, New Zealand entered into a free trade agreement with China in 2008, and with it came a unique competitive advantage. The free trade agreement is a success story for both countries.
Who is China’s largest importer?
United States
List of largest trading partners of China
| Rank | Country / Territory | Imports |
|---|---|---|
| 1 | United States | 153.9 |
| 2 | European Union | 197.9 |
| – | ASEAN | 236.4 |
| 3 | Japan | 165.8 |
Does NZ import pork from China?
Imported pork comes from over 25 countries around the world including places like China, Poland, Estonia, Denmark and Spain, as well as the US, Canada and Australia. While around 60% of the pork consumed in New Zealand comes from overseas, nearly 85% of cured pork like bacon and ham is imported.
Is NZ still trading with China?
China continues to be New Zealand’s top trading partner, with two-way goods and services trade totalling NZ$31.5 billion in 2020 (down 5.6% from 2019).The overall goods and services trade balance between China and New Zealand in 2020 was +NZ$5.7 billion.
What percentage of New Zealand trade is with China?
China accounted for 26 percent of New Zealand’s total goods and services exports, and 20 percent of imports in the year to March 2021, Stats NZ said.
What is our biggest export to China?
The top export categories (2-digit HS) in 2020 were: electrical machinery ($17 billion), oilseeds and oleaginous fruits (soybeans) ($15 billion), machinery ($14 billion), mineral fuels ($10.0 billion), and optical and medical instruments ($9.5 billion).
What are the top 3 imports of China?
Searchable List of China’s Most Valuable Import Products
| Rank | China’s Import Product | 2020 Value (US$) |
|---|---|---|
| 1 | Integrated circuits/microassemblies | $350,845,066,000 |
| 2 | Crude oil | $176,321,269,000 |
| 3 | Iron ores, concentrates | $118,944,291,000 |
| 4 | Cars | $44,923,331,000 |
What companies export to China?
Sales
- Sinopec: US$369.2 billion, up 13% from 2018.
- PetroChina: $364.1 billion, up 28.9%
- SAIC Motor: $121.1 billion, down -11.3%
- Alibaba: $70.6 billion, up 86.3%
- Baoshan Iron & Steel: $43 billion, up 5.7%
- China National Building: $36.6 billion, up 92.6%
- China Shenhua Energy: $35 billion, down -3.8%
Which country owes China the most money?
In 2018 , the Center for Global Development found that Djibouti, Kyrgyzstan, Laos, the Maldives, Mongolia, Montenegro, Pakistan and Tajikistan – countries among the poorest in their respective regions — will owe more than half all their foreign debt to China.
Who has more debt US or China?
China’s debt is more than 250 percent of GDP, higher than the United States. It remains lower than Japan, the world’s most indebted leading economy, but some experts say the concern is that China’s debt has surged at the sort of pace that usually leads to a financial bust and economic slump.
Who does the New Zealand government borrow money from?
At the end of September 2020, about 50 per cent of NZGBs were held by non-residents (i.e. offshore investors) while the remaining 50 per cent were held by residents. Holders of these bonds include asset managers, banks, hedge funds, insurance companies and central banks.
What are New Zealands top 5 exports?
Exports The top exports of New Zealand are Concentrated Milk ($5.73B), Sheep and Goat Meat ($2.62B), Rough Wood ($2.31B), Butter ($2.29B), and Frozen Bovine Meat ($2.09B), exporting mostly to China ($11.1B), Australia ($5.7B), United States ($3.78B), Japan ($2.38B), and South Korea ($1.15B).
What country does NZ export to the most?
China
Top 10 Export Countries
| Country | Export USD$ |
|---|---|
| China | $11,040,241,425 |
| Australia | $5,741,278,007 |
| United States | $3,717,657,154 |
| Japan | $2,310,678,734 |
