New Zealand | Imports and Exports | World | Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" from New Zealand totalled $ 81 million in 2023. Sales of commodity group 8505 from New Zealand decreased by 4.98% in value terms compared to 2022. exports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" decreased by $ 4.28 million (cumulative exports of commodity group 8505 from New Zealand amounted $86 million in 2022)
Exports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" amounted to 0.194% of total exports from New Zealand (cumulative merchandise exports from New Zealand totalled $ 42 billion in 2023). The share of commodity group 8505 in total exports from New Zealand increased by 0.005 p.p. compared to 2022 (it was 0.188% in 2022 and cumulative exports from New Zealand were equal to $ 45 billion).
Exports of commodity group 8505 amounted to 8.76% of total sales of group "" from New Zealand in 2023 (the value of exports of commodity group from New Zealand amounted to $933 million in 2023). The share of exports of commodity group 8505 in sales of commodity group from New Zealand lowered by 0.576 p.p. compared to 2022 (it was 9.34% in 2022, and exports of commodity group from New Zealand were $921 million).
Where does New Zealand export Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads?
Top export destinations of "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" from New Zealand in 2023:
- USA with a share of 82% (67 million US$)
- Korea with a share of 7.54% (6.16 million US$)
- Japan with a share of 2.86% (2.34 million US$)
- Other Asia, nes with a share of 2.77% (2.26 million US$)
- Italy with a share of 1.59% (1.3 million US$)
- Canada - 737 thousand US$
- China - 501 thousand US$
- Australia - 275 thousand US$
- Germany - 215 thousand US$
- Thailand - 169 thousand US$
Exports structure of 8505 - Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads - from New Zealand in 2023 represented by the following main commodity groups:
- 90% (74 million US$): 850590 - Electro-magnets n.e.s. in 85.05; electro-magnetic/permanent magnet chucks, clamps & sim. holding devices; parts of the gds. of 85.05
- 8.75% (7.15 million US$): 850511 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, of metal
- 0.168% (138 thousand US$): 850520 - Electro-magnetic couplings, clutches & brakes
- 0.08% (66 thousand US$): 850519 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, other than of metal
The value of imports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" to New Zealand totalled $ 8.01 million in 2023. Sales of commodity group 8505 to New Zealand decreased by 19.2% in value terms compared to 2022. imports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" decreased by $ 1.9 million (the value of imports of commodity group 8505 to New Zealand was equal to $9.92 million in 2022)
Imports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" accounted for 0.015% of total import flow to New Zealand (in 2023, total imports to New Zealand amounted to $ 50 billion). The share of commodity group 8505 in total imports to New Zealand decreased by 0.002 p.p. compared to 2022 (it was 0.018% in 2022 and cumulative imports to New Zealand were equal to $ 54 billion).
Imports of commodity group 8505 reached 0.178% of total imports of group "" to New Zealand in 2023 (imports of commodity group to New Zealand totalled $4.48 billion in 2023). The share of purchases of commodity group 8505 in imports of commodity group to New Zealand went down by 0.031 p.p. compared to 2022 (it was 0.21% in 2022, and imports of commodity group to New Zealand accounted for $4.71 billion).
Where does New Zealand import Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads from?
Top trading partners (import of "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads") of New Zealand in 2023:
- China with a share of 34% (2.77 million US$)
- USA with a share of 31% (2.49 million US$)
- Australia with a share of 11.2% (902 thousand US$)
- Germany with a share of 4.33% (347 thousand US$)
- Italy with a share of 3.82% (306 thousand US$)
- United Kingdom with a share of 1.23% (99 thousand US$)
- Singapore with a share of 1.2% (96 thousand US$)
- New Zealand with a share of 1.15% (92 thousand US$)
- Other Asia, nes with a share of 1.09% (87 thousand US$)
- Netherlands with a share of 1.05% (84 thousand US$)
Imports structure of 8505 - Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads - to New Zealand in 2023 represented by the following main commodity groups:
- 46% (3.69 million US$): 850590 - Electro-magnets n.e.s. in 85.05; electro-magnetic/permanent magnet chucks, clamps & sim. holding devices; parts of the gds. of 85.05
- 29% (2.38 million US$): 850511 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, of metal
- 17.7% (1.42 million US$): 850519 - Permanent magnets & arts. intended to become permanent magnets after magnetisation, other than of metal
- 6.38% (512 thousand US$): 850520 - Electro-magnetic couplings, clutches & brakes
