New Zealand | Imports and Exports | World | Butter | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 040510 "Butter" from New Zealand totalled $ 1.52 billion in 2023. Sales of commodity group 040510 from New Zealand decreased by 3.99% in value terms compared to 2022. exports of commodity group 040510 "Butter" decreased by $ 63 million (cumulative exports of commodity group 040510 from New Zealand amounted $1.58 billion in 2022)
Exports of commodity group 040510 "Butter" amounted to 3.61% of total exports from New Zealand (cumulative merchandise exports from New Zealand totalled $ 42 billion in 2023). The share of commodity group 040510 in total exports from New Zealand increased by 0.133 p.p. compared to 2022 (it was 3.48% in 2022 and cumulative exports from New Zealand were equal to $ 45 billion).
Exports of commodity group 040510 amounted to 12.4% of total sales of group "" from New Zealand in 2023 (the value of exports of commodity group from New Zealand amounted to $12.1 billion in 2023). The share of exports of commodity group 040510 in sales of commodity group from New Zealand increased by 0.517 p.p. compared to 2022 (it was 11.9% in 2022, and exports of commodity group from New Zealand were $13.2 billion).
Exports of commodity group 040510 amounted to 58 percent of total sales of group "" from New Zealand in 2023 (the value of exports of commodity group from New Zealand amounted to 2.6 billion USD in 2023). The share of exports of commodity group 040510 in sales of commodity group from New Zealand increased by 2.01 p.p. compared to 2022 (it was 56 percent in 2022, and exports of commodity group from New Zealand amounted to 2.81 billion USD).
Where does New Zealand export Butter?
Top export destinations of "Butter" from New Zealand in 2023:
- China with a share of 31% (475 million US$)
- Australia with a share of 10.9% (166 million US$)
- Saudi Arabia with a share of 6.78% (103 million US$)
- USA with a share of 6.13% (93 million US$)
- Indonesia with a share of 4.64% (70 million US$)
- Japan with a share of 4.32% (65 million US$)
- Korea with a share of 4.19% (63 million US$)
- Other Asia, nes with a share of 3.57% (54 million US$)
- Malaysia with a share of 3.41% (52 million US$)
- Singapore with a share of 2.57% (39 million US$)
The value of imports of commodity group 040510 "Butter" to New Zealand totalled $ 2.05 million in 2023. Sales of commodity group 040510 to New Zealand decreased by 63% in value terms compared to 2022. imports of commodity group 040510 "Butter" decreased by $ 3.63 million (the value of imports of commodity group 040510 to New Zealand was equal to $5.69 million in 2022)
Imports of commodity group 040510 "Butter" accounted for 0.004% of total import flow to New Zealand (in 2023, total imports to New Zealand amounted to $ 50 billion). The share of commodity group 040510 in total imports to New Zealand decreased by 0.006 p.p. compared to 2022 (it was 0.01% in 2022 and cumulative imports to New Zealand were equal to $ 54 billion).
Imports of commodity group 040510 reached 1.03% of total imports of group "" to New Zealand in 2023 (imports of commodity group to New Zealand totalled $198 million in 2023). The share of purchases of commodity group 040510 in imports of commodity group to New Zealand went down by 2 p.p. compared to 2022 (it was 3.04% in 2022, and imports of commodity group to New Zealand accounted for $186 million).
Imports of commodity group 040510 reached 34 percent of total imports of group "" to New Zealand in 2023 (imports of commodity group to New Zealand totalled 5.98 million USD in 2023). The share of purchases of commodity group 040510 in imports of commodity group to New Zealand went down by 21 p.p. compared to 2022 (it was 55 percent in 2022, and imports of commodity group to New Zealand accounted for 10.2 million USD).
Where does New Zealand import Butter from?
Top trading partners (import of "Butter") of New Zealand in 2023:
- Denmark with a share of 39% (815 thousand US$)
- Australia with a share of 33% (687 thousand US$)
- New Zealand with a share of 13.3% (273 thousand US$)
- France with a share of 8.98% (184 thousand US$)
- India with a share of 3.43% (70 thousand US$)
- China with a share of 1.09% (22 thousand US$)
- USA - 1.26 thousand US$
- Italy - 574 US$
- Lithuania - 139 US$
