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New Zealand

New Zealand ranked No. 54 in total trade value through February with a total of $1.16 billion. Exports totaled $547.73 million and Imports totaled $610.43 million, a deficit of $62.7 million.

January – February 2019

Top Trading Ports

Total Trade: $1.16 billion

RankPortTotal YTD
1Port of Philadelphia $218,071,110
2Port of Long Beach $139,708,178
3Los Angeles International Airport $111,309,857
4Port of Los Angeles $95,416,044
5Port of Oakland, Calif. $82,255,112
6Port of Charleston $55,096,230
7Chicago O’Hare International Airport $52,773,280
8Honolulu International Airport, Hawaii $47,380,191
9Port of Seattle, Wash. $45,948,918
10Port of New Orleans $44,267,280

U.S. trade with New Zealand rose to $1.16 billion through February

New Zealand’s trade with the United States rose to $1.16 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.57 percent below its total trade during the same time period last year. New Zealand’s exports increased 6.41 percent while imports fell 11.05 percent. The U.S. deficit with New Zealand was $62.7 million.

Through February, 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 Port of Los Angeles No. 4 Port of Oakland, Calif. and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 55.84 percent of New Zealand’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Philadelphia fell 20.12 percent to $218.07 million.
    Exports rose 30.43 percent to $21.1 million. Imports fell 23.3 percent to $196.98 million.
  • Trade with No. 2 Port of Long Beach rose 0.33 percent to $139.71 million.
    Exports rose 8.44 percent to $110.16 million. Imports fell 21.56 percent to $29.55 million.
  • Trade with No. 3 Los Angeles International Airport rose 22.69 percent to $111.31 million.
    Exports rose 11.87 percent to $55.73 million. Imports rose 35.87 percent to $55.58 million.
  • Trade with No. 4 Port of Los Angeles fell 10.04 percent to $95.42 million.
    Exports rose 19.12 percent to $9.87 million. Imports fell 12.52 percent to $85.55 million.
  • Trade with No. 5 Port of Oakland, Calif. fell 17.99 percent to $82.26 million.
    Exports fell 3.77 percent to $20.79 million. Imports fell 21.9 percent to $61.47 million.

New Zealand ranked No. 54 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 53.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to New Zealand by value through February were the categories of Civilian aircraft, parts; Low value shipments; Motor vehicles for transporting people; Corn; and Misc. medical chemical re-agents, respectively. They accounted for 31.1 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 49.12 percent of all inbound shipments.

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

  • Civilian aircraft, parts fell 2.65 percent compared to last year to $74 million.
  • Low value shipments rose 5.07 percent compared to last year to $42.24 million.
  • Motor vehicles for transporting people fell 34.93 percent compared to last year to $30.35 million.
  • Corn rose 29770 percent compared to last year to $12.15 million.
  • Misc. medical chemical re-agents rose 190.44 percent compared to last year to $11.63 million.

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

  • Frozen beef fell 42.57 percent compared to last year to $105.6 million.
  • Wine fell 4.7 percent compared to last year to $76.15 million.
  • Sheep or goat meat, fresh, chilled or frozen rose 19.59 percent compared to last year to $51.02 million.
  • Value added to a returned import rose 43.41 percent compared to last year to $35.82 million.
  • Whey, misc. milk products fell 41.05 percent compared to last year to $31.26 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.