New Zealand’s imports totaled US$46.9 billion in 2024, up by 26.5% compared to $37.1 billion during 2020. Year over year, the overall cost for products imported into New Zealand declined by -6.2% from $50 billion in 2023. Based on the average exchange rate for 2024, the New Zealand dollar depreciated by -1.5% against the US dollar from 2023 to 2024. New Zealand's weaker local … [Read more...] about New Zealand’s Top 10 Imports
Oceania
Australia’s Top 10 Imports
Australia imported US$284.5 billion worth of products from around the world in 2024. Spanning a five-year timespan, that dollar amount reflects a 40.6% increase in spending from $202.3 billion that Australia paid for imports during 2020. Year over year, the total cost of Australian imports slowed to a 3.1% gain compared to $276 billion for 2023. Based on the average exchange … [Read more...] about Australia’s Top 10 Imports
Australia’s Top 10 Exports
In 2024, the Commonwealth of Australia shipped an overall US$345.7 billion worth of exported products around the world. That dollar amount results from a 35.8% increase from $254.5 billion five years during 2020. From 2023 to 2024, overall sales of goods exported from Australia shrank -6.8% year over year compared to $370.9 billion in 2023. Many people overlook the … [Read more...] about Australia’s Top 10 Exports
New Zealand’s Top 10 Exports
A sovereign island country southeast of Australia in the southwestern Pacific Ocean, New Zealand shipped US$42.5 billion worth of exported products around the world in 2024. That dollar amount results from a 13.3% gain compared to $37.5 billion five years earlier during 2020. Year over year, the value of goods exported from New Zealand grew by 6.8% from $39.8 billion in … [Read more...] about New Zealand’s Top 10 Exports
Tonga’s Top 10 Exports
A group of 36 inhabited islands in the South Pacific, the Kingdom of Tonga shipped US$11.9 million worth of exported products around the world in 2023. That dollar amount reflects an -71.9% decrease from $42.5 million 5 years earlier in 2019. Year over year, the overall value of products exported from Tonga plunged by -80.7% compared to $61.9 million during 2022. Based on … [Read more...] about Tonga’s Top 10 Exports