Merchandise imports from low- and middle-income economies in Latin in New Zealand
New Zealand: Merchandise imports from low- and middle-income economies in Latin was 1.8% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in New Zealand, 1961–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
New Zealand recorded 1.8% for merchandise imports from low- and middle-income economies in latin in 2023.
Compared with earlier readings it is down 7.4% on the previous year and up 30.0% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in New Zealand peaked at 2.1% in 2020 and was at its lowest, 0.6%, in 1978.
New Zealand ranks 103rd of 206 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Merchandise imports from low- and middle-income economies in Latin in New Zealand, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1961 | 1.0% | — |
| 1969 | 0.7% | -29.7% |
| 1970 | 0.9% | +30.5% |
| 1971 | 1.1% | +27.6% |
| 1972 | 1.1% | -3.5% |
| 1973 | 1.1% | +1.6% |
| 1974 | 1.0% | -9.7% |
| 1975 | 1.6% | +66.1% |
| 1976 | 1.0% | -37.4% |
| 1977 | 0.7% | -32.5% |
| 1978 | 0.6% | -18.5% |
| 1979 | 0.8% | +45.5% |
| 1980 | 0.6% | -27.8% |
| 1981 | 0.7% | +10.4% |
| 1982 | 0.9% | +36.3% |
| 1983 | 1.0% | +6.9% |
| 1984 | 1.1% | +18.5% |
| 1985 | 1.1% | -5.2% |
| 1986 | 0.8% | -21.4% |
| 1987 | 1.0% | +16.6% |
| 1988 | 1.3% | +27.8% |
| 1989 | 1.2% | -5.4% |
| 1990 | 1.1% | -11.0% |
| 1991 | 1.2% | +15.6% |
| 1992 | 1.1% | -8.1% |
| 1993 | 0.9% | -15.8% |
| 1994 | 0.8% | -11.2% |
| 1995 | 0.9% | +8.4% |
| 1996 | 0.9% | +2.5% |
| 1997 | 1.0% | +5.8% |
| 1998 | 1.3% | +29.8% |
| 1999 | 1.3% | +3.7% |
| 2000 | 1.6% | +19.2% |
| 2001 | 1.2% | -27.0% |
| 2002 | 1.1% | -6.3% |
| 2003 | 0.9% | -14.0% |
| 2004 | 0.9% | -2.3% |
| 2005 | 1.0% | +11.1% |
| 2006 | 0.9% | -10.2% |
| 2007 | 1.0% | +12.4% |
| 2008 | 1.1% | +3.4% |
| 2009 | 1.2% | +11.3% |
| 2010 | 1.2% | +6.3% |
| 2011 | 1.3% | +7.3% |
| 2012 | 1.4% | +5.0% |
| 2013 | 1.4% | -1.0% |
| 2014 | 1.5% | +7.4% |
| 2015 | 1.7% | +12.2% |
| 2016 | 1.8% | +8.0% |
| 2017 | 1.7% | -3.0% |
| 2018 | 1.9% | +8.0% |
| 2019 | 1.9% | -0.3% |
| 2020 | 2.1% | +12.8% |
| 2021 | 1.8% | -15.6% |
| 2022 | 1.9% | +8.6% |
| 2023 | 1.8% | -7.4% |
New Zealand compared with similar countries
- New Zealand's 1.8% is above the median for high income countries, which is 1.5%, 1.2× the median. (74 countries reporting)
- New Zealand's 1.8% is above the median for East Asia & Pacific, which is 0.8%, 2.4× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8% | 0.7% | 1.0% | 2 |
| 1970s | 1.0% | 0.6% | 1.6% | 10 |
| 1980s | 1.0% | 0.6% | 1.3% | 10 |
| 1990s | 1.1% | 0.8% | 1.3% | 10 |
| 2000s | 1.1% | 0.9% | 1.6% | 10 |
| 2010s | 1.6% | 1.2% | 1.9% | 10 |
| 2020s | 1.9% | 1.8% | 2.1% | 4 |
Countries ranked near New Zealand
- 100 Kosovo 1.8% compare
- 100 Kosovo (UNSCR 1244) 1.8% compare
- 102 Sint Maarten (Dutch part) 1.8% compare
- 104 Australia 1.8% compare
- 105 Philippines 1.8% compare
- 106 Marshall Islands 1.7% compare
More private sector data for New Zealand
- Merchandise trade 35.7% (2025)
- Food imports 12.8% (2025)
- Manufactures imports 70.7% (2025)
- Merchandise imports 47.55 billion current US$ (2025)
- Food exports 69.0% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 46.70 billion current US$ (2025)
- Merchandise exports (current US$), per capita 8,770 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1769 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.43 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in New Zealand?
- Merchandise imports from low- and middle-income economies in latin in New Zealand was 1.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in New Zealand?
- The highest recorded value was 2.1% in 2020.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in New Zealand?
- The lowest recorded value was 0.6% in 1978.
- How does New Zealand rank for merchandise imports from low- and middle-income economies in latin?
- New Zealand ranks 103rd out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in New Zealand?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.