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New Zealand Economic and Financial Overview 2010

Geographic Distribution of External Trade

New Zealand's trading relationships are becoming increasingly based around Pacific Rim countries. New Zealand's three largest export markets - Australia, China and the United States - accounted for 42% of New Zealand's merchandise exports and 45% of merchandise imports in the year ended 31 December 2009. Japan remains an important trading partner, both as a destination for exports and a source of imports.

Geographic Distribution of Exports(1)
(dollar amounts in millions)
Year ended 31 December
2005 2006 2007 2008 2009 2009
% of Total
Australia 6,589 7,076 8,023 9,995 9,134 23.0%
United States 4,373 4,540 4,211 4,382 3,953 10.0%
China, Peoples Republic of 1,566 1,875 1,953 2,534 3,625 9.1%
Japan 3,260 3,556 3,364 3,613 2,821 7.1%
United Kingdom 1,432 1,694 1,640 1,672 1,699 4.3%
Korea, Republic of 1,081 1,358 1,328 1,358 1,240 3.1%
Singapore 428 540 687 863 1,100 2.8%
Indonesia 465 613 777 1,006 963 2.4%
Hong Kong 524 560 584 700 794 2.0%
Germany 789 882 754 895 765 1.9%
Taiwan 773 768 772 752 756 1.9%
Malaysia 468 497 651 949 705 1.8%
Philippines 504 512 667 734 570 1.4%
France 387 387 406 502 508 1.3%
Canada 524 553 537 511 501 1.3%
Belgium 515 627 538 507 490 1.2%
Thailand 338 438 567 826 453 1.1%
Italy 446 513 462 471 404 1.0%
Other Countries 6,355 7,645 8,636 10,630 9,190 23.2%
TOTAL 30,817 34,634 36,557 42,900 39,671 100.0%

(1) Free on Board value. Including re-exports.

Geographic Distribution of Imports(1)
(dollar amounts in millions)
Year ended 31 December
2005 2006 2007 2008 2009 2009
% of Total
Australia 7,286 7,850 8,197 8,299 7,032 18.5%
China, Peoples republic of 3,752 4,630 5,244 6,060 5,779 15.2%
United States 3,837 4,512 3,850 4,336 4,098 10.8%
Japan 3,724 3,414 3,637 3,695 2,773 7.3%
Germany 1,704 1,699 1,852 1,964 1,599 4.2%
Singapore 1,160 1,737 2,050 2,143 1,542 4.1%
France 969 740 634 767 1,299 3.4%
Korea, republic of 960 1,121 1,128 1,241 1,277 3.4%
Malaysia 884 1,127 1,067 1,856 1,030 2.7%
Thailand             890 965 1,063 1,240 1,009 2.7%
United Kingdom 1,125 1,047 1,023 1,019 888 2.3%
Italy 822 780 906 921 688 1.8%
Indonesia            527 598 667 1,055 652 1.7%
Taiwan               830 692 874 928 578 1.5%
Canada 440 641 545 681 506 1.3%
Switzerland          265 241 275 333 349 0.9%
Belgium              293 277 270 321 248 0.7%
Saudi Arabia 327 477 544 498 238 0.6%
Sweden 348 325 321 358 214 0.6%
Hong Kong 181 187 200 193 152 0.4%
Other countries 4,537 5,100 5,066 7,721 6,092 16.0%
TOTAL               34,861 38,160 39,413 45,629 38,043 100.0%

(1) Value for Duty.

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