Balanced international merchandise trade statistics (BIMTS) in New Zealand
New Zealand: Balanced international merchandise trade statistics (BIMTS) was 0.911 US dollars, exchange rate converted in 2024. ◆ Volatile
Balanced international merchandise trade statistics (BIMTS) in New Zealand, 1995–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
New Zealand recorded 0.911 US dollars, exchange rate converted for balanced international merchandise trade statistics (bimts) in 2024.
Compared with earlier readings it is up 3.8% on the previous year and down 7.8% over ten years.
Over the whole period, balanced international merchandise trade statistics (bimts) in New Zealand peaked at 1.66 US dollars, exchange rate converted in 2000 and was at its lowest, 0.0007 US dollars, exchange rate converted, in 1995.
That places New Zealand 43rd out of 96 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Balanced international merchandise trade statistics (BIMTS) in New Zealand, year by year
| Year | US dollars, exchange rate converted | Change |
|---|---|---|
| 1995 | 0.0007 US dollars, exchange rate converted | — |
| 1996 | 0.0581 US dollars, exchange rate converted | +8376.5% |
| 1997 | 0.1264 US dollars, exchange rate converted | +117.8% |
| 1998 | 0.1608 US dollars, exchange rate converted | +27.1% |
| 1999 | 0.0022 US dollars, exchange rate converted | -98.6% |
| 2000 | 1.66 US dollars, exchange rate converted | +75690.6% |
| 2001 | 0.725 US dollars, exchange rate converted | -56.3% |
| 2002 | 0.1824 US dollars, exchange rate converted | -74.8% |
| 2003 | 0.1735 US dollars, exchange rate converted | -4.9% |
| 2004 | 0.1154 US dollars, exchange rate converted | -33.5% |
| 2005 | 0.2585 US dollars, exchange rate converted | +124.0% |
| 2006 | 0.3287 US dollars, exchange rate converted | +27.2% |
| 2007 | 0.6062 US dollars, exchange rate converted | +84.5% |
| 2008 | 1.26 US dollars, exchange rate converted | +108.2% |
| 2009 | 0.4456 US dollars, exchange rate converted | -64.7% |
| 2010 | 0.8388 US dollars, exchange rate converted | +88.2% |
| 2011 | 1.06 US dollars, exchange rate converted | +25.9% |
| 2012 | 0.7958 US dollars, exchange rate converted | -24.7% |
| 2013 | 0.7672 US dollars, exchange rate converted | -3.6% |
| 2014 | 0.9884 US dollars, exchange rate converted | +28.8% |
| 2015 | 0.6792 US dollars, exchange rate converted | -31.3% |
| 2016 | 0.7603 US dollars, exchange rate converted | +11.9% |
| 2017 | 0.7954 US dollars, exchange rate converted | +4.6% |
| 2018 | 0.8528 US dollars, exchange rate converted | +7.2% |
| 2019 | 0.8944 US dollars, exchange rate converted | +4.9% |
| 2020 | 0.842 US dollars, exchange rate converted | -5.9% |
| 2021 | 0.8839 US dollars, exchange rate converted | +5.0% |
| 2022 | 0.8744 US dollars, exchange rate converted | -1.1% |
| 2023 | 0.8776 US dollars, exchange rate converted | +0.4% |
| 2024 | 0.911 US dollars, exchange rate converted | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0696 US dollars, exchange rate converted | 0.0007 US dollars, exchange rate converted | 0.1608 US dollars, exchange rate converted | 5 |
| 2000s | 0.5757 US dollars, exchange rate converted | 0.1154 US dollars, exchange rate converted | 1.66 US dollars, exchange rate converted | 10 |
| 2010s | 0.8429 US dollars, exchange rate converted | 0.6792 US dollars, exchange rate converted | 1.06 US dollars, exchange rate converted | 10 |
| 2020s | 0.8778 US dollars, exchange rate converted | 0.842 US dollars, exchange rate converted | 0.911 US dollars, exchange rate converted | 5 |
Countries ranked near New Zealand
- 40 Barbados 1.03 US dollars, exchange rate converted compare
- 41 Sweden 1.01 US dollars, exchange rate converted compare
- 42 Taiwan 0.9298 US dollars, exchange rate converted compare
- 44 Ireland 0.6459 US dollars, exchange rate converted compare
- 45 Greece 0.4791 US dollars, exchange rate converted compare
- 46 Singapore 0.4376 US dollars, exchange rate converted compare
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 5,489 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 1.63 % change on previous year (2023)
- Industry (including construction), value added (current US$), per 0.1944 current US$ per US$ of GDP (2023)
- Industry (including construction), value added (current US$), per 9,582 current US$ per person (2023)
- Industry (including construction), value added (current LCU), annual 4.94 % change on previous year (2023)
- Industry (including construction), value added (current LCU), per 0.3165 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), per 15,604 current LCU per person (2023)
- Industry (including construction), value added (constant 2015 US$) -4.66 % change on previous year (2024)
Frequently asked questions
- What is balanced international merchandise trade statistics (bimts) in New Zealand?
- Balanced international merchandise trade statistics (bimts) in New Zealand was 0.911 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced international merchandise trade statistics (bimts) recorded in New Zealand?
- The highest recorded value was 1.66 US dollars, exchange rate converted in 2000.
- What is the lowest balanced international merchandise trade statistics (bimts) recorded in New Zealand?
- The lowest recorded value was 0.0007 US dollars, exchange rate converted in 1995.
- How does New Zealand rank for balanced international merchandise trade statistics (bimts)?
- New Zealand ranks 43rd out of 96 countries with data for 2024.
- Is balanced international merchandise trade statistics (bimts) rising or falling in New Zealand?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced international merchandise trade statistics (BIMTS) - HS2017-2D. Statizoid updates them automatically from the source API.
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About this data
The OECD Balanced International Merchandise Trade Statistics (BIMTS) dataset provides a complete, consistent, and balanced matrix of international merchandise trade statistics. It includes annual bilateral data for approximately 200 reporters and partners, covering around 98 products in HS2017 at the 2-digit level from 1995 to 2024. BIMTS is also available in the HS 2017 classification at 4-digit and 6-digit levels of aggregation currently available via the Related Files (bottom of the page) and also in the Statistical Classification of Products by Activity (CPA 2.1) at the 2-digit level of aggregation. BIMTS is complete and consistent. The OECD methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. To provide users with consistent and long time series, the data is presented according to either HS2017 or CPA 2.1. BIMTS is balanced. The OECD has developed a transparent approach to reconcile asymmetries in international merchandise trade statistics. A sequence of adjustments, documented in the BIMTS technical paper, significantly reduces asymmetries in the dataset before the final balancing procedure is performed. An important feature of BIMTS is a novel algorithm which identifies re-export flows and reallocates them to the producer countries before the balancing. To avoid double counting of flows between producers and trade hubs (already accounted for in the trade between producers and final users), BIMTS breaks down the final balanced values into a domestic component and a re-exports component. Users will therefore find two different measures of balanced trade flows (under the ‘Adjustment’ dimension): Total balanced value: Represents the total reconciled bilateral trade flow, including re-exports. Balanced value adjusted for re-exports: Represents the reconciled bilateral trade flow, adjusted for re-exports. This adjusted value is deemed to more accurately reflect economic reality and is therefore the preferred measure. In this database, the Reference area denotes the exporter, while the Counterpart area denotes the importer. Because the data are balanced, exports from the exporter to the importer equal imports by the importer from the exporter, and the flow is therefore recorded only once. Note that zero trade flows are represented in BIMTS as missing records (marked as “..”). This approach reduces the dataset size and improves processing times in the OECD Data Explorer. For convenience, users can also retrieve data for total merchandise (“_T”, denoting all products) and partner world (“W”). BIMTS will be regularly updated and continually improved as new data becomes available. For more information on: The methodology: The OECD Balanced International Merchandise Trade Dataset (BIMTS). Balanced trade statistics related pages: Balanced trade statistics, or The statistics compiled by the OECD Statistics and Data Directorate Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org