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Export of Goods Value from New Zealand (1990-2023)

Export of Goods Value from New Zealand (1990-2023)

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TGM StatBox. (2024). Export of Goods Value from New Zealand (1990-2023). TGM StatBox.
Chart Details
Data Source: World Trade Organization (WTO)
Timeframe: 1990-2023
Country: New Zealand
Published date: 2024
Note: Merchandise exports by product group – annual (Million US dollars), as defined by the World Trade Organization (WTO), measures the total value of goods exported from a country, categorized by specific product groups, and expressed in millions of U.S. dollars.
Key Takeaways
New Zealand's export value of goods exhibited steady growth between 1990 and 2023, reflecting its reliance on agriculture and commodity-based industries. Starting at NZ$9.4 billion in 1990, exports grew to NZ$13.3 billion by 2000, supported by increased dairy and meat product exports to Asia-Pacific markets.

From 2003 to 2008, export values rose significantly, reaching NZ$30.6 billion, due to heightened global demand for primary products. The 2009 global financial crisis caused a temporary drop, but exports rebounded, peaking at NZ$45.1 billion in 2022. However, 2023 saw a decline to NZ$41.4 billion amid weaker commodity prices and global economic uncertainty. Export diversification and value-added goods remain central to New Zealand’s trade resilience.

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