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New Zealand

New Zealand ranked No. 50 in total trade value through October with a total of $7 billion. Exports totaled $3.44 billion and Imports totaled $3.55 billion, a deficit of $109.2 million.

January – October 2018

Top Trading Ports

Total Trade: $7 billion

RankPortTotal YTD
1Port of Philadelphia $1,235,424,856
2Port of Long Beach $782,399,756
3Los Angeles International Airport $561,647,749
4Port of Los Angeles $542,027,093
5Port of Oakland, Calif. $475,258,019
6Port of Everett, Wash. $338,507,645
7Port of Charleston $300,775,673
8Chicago O’Hare International Airport $290,810,311
9Port of Seattle, Wash. $268,589,178
10Honolulu International Airport, Hawaii $240,656,503

U.S. trade with New Zealand rose to $7 billion through October

New Zealand’s trade with the United States rose to $7 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.79 percent above its total trade during the same time period last year. New Zealand’s exports increased 8.42 percent while imports fell 0.34 percent. The U.S. deficit with New Zealand was $109.2 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Philadelphia; No. 2 Port of Long Beach; No. 3 Los Angeles International Airport; No. 4 Port of Los Angeles; and No. 5 Port of Oakland, Calif.. During the same period the previous year, the top five were No. 1 Port of Philadelphia No. 2 Port of Long Beach No. 3 Los Angeles International Airport No. 4 Port of Los Angeles and No. 5 Port of Charleston. In the current time period, the top five accounted for 51.39 percent of New Zealand’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Philadelphia fell 3.69 percent to $1.24 billion.
    Exports rose 0.1 percent to $105.1 million. Imports fell 4.02 percent to $1.13 billion.
  • Trade with No. 2 Port of Long Beach rose 2.91 percent to $782.4 million.
    Exports rose 1.19 percent to $555.32 million. Imports rose 7.4 percent to $227.08 million.
  • Trade with No. 3 Los Angeles International Airport fell 0.98 percent to $561.65 million.
    Exports rose 12.85 percent to $283.43 million. Imports fell 11.97 percent to $278.22 million.
  • Trade with No. 4 Port of Los Angeles fell 0.28 percent to $542.03 million.
    Exports fell 40.54 percent to $47.82 million. Imports rose 6.71 percent to $494.21 million.
  • Trade with No. 5 Port of Oakland, Calif. rose 19.6 percent to $475.26 million.
    Exports rose 7.17 percent to $115.98 million. Imports rose 24.25 percent to $359.28 million.

New Zealand ranked No. 50 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 51.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to New Zealand by value through October were the categories of Civilian aircraft, parts; Motor vehicles for transporting people; Low value shipments; Sugar and starch residues; and Prepared foods, beverages, respectively. They accounted for 42.64 percent of total exports to New Zealand.

The value of the top five categories of U.S. imports from New Zealand –– Frozen beef; Wine; Sheep or goat meat, fresh, chilled or frozen; Value added to a returned import; and Whey, misc. milk products –– accounted for 49.59 percent of all inbound shipments.

Looking more closely at U.S. exports to New Zealand:

  • Civilian aircraft, parts rose 37.29 percent compared to last year to $888.76 million.
  • Motor vehicles for transporting people rose 9.75 percent compared to last year to $243.39 million.
  • Low value shipments rose 4.12 percent compared to last year to $237.37 million.
  • Sugar and starch residues rose 86.94 percent compared to last year to $53.68 million.
  • Prepared foods, beverages fell 0.75 percent compared to last year to $45.62 million.

Looking more closely at U.S. imports from New Zealand:

  • Frozen beef rose 5.67 percent compared to last year to $793.44 million.
  • Wine rose 4.44 percent compared to last year to $371.76 million.
  • Sheep or goat meat, fresh, chilled or frozen rose 11.56 percent compared to last year to $232.44 million.
  • Value added to a returned import fell 31.52 percent compared to last year to $195.1 million.
  • Whey, misc. milk products fell 12.05 percent compared to last year to $169.57 million.

In the latest annual figures available, New Zealand recorded $8.08 billion in trade with the United States. At year’s end, its were Los Angeles; Philadelphia; San Francisco; Charleston; and Chicago. Total U.S. exports to New Zealand were $ 3.92 billion and imports from New Zealand were $4.16 billion. The U.S. deficit with New Zealand was $230.68 million.