New Zealand-Wallis and Futuna Isds Bilateral Trade Analysis 2023
Complete trade statistics: $6.04M total volume •New Zealand surplus: $6.03M
New Zealand → Wallis and Futuna Isds
$6.04M
Exports (2023)
Wallis and Futuna Isds → New Zealand
$6,835
Imports (2023)
Trade Balance
$6.03M
Surplus for New Zealand
Total Trade
$6.04M
Combined Volume
Trade Flow Visualization
Direct trade relationship between New Zealand and Wallis and Futuna Isds. Green line shows exports from New Zealand, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the New Zealand-Wallis and Futuna Isds commercial relationship and competitive positioning in global markets.
New Zealand → Wallis and Futuna Isds Exports
Export Market Intelligence
🎯 Strategic Export Focus
New Zealand's export portfolio to Wallis and Futuna Isds demonstrates strategic specialization, with meat: of bovine animals, boneless cuts, fresh or chilled representing a key competitive advantage in this bilateral market.
Wallis and Futuna Isds → New Zealand Imports
Import Dependency Profile
📦 Import Strategy Analysis
New Zealand's import pattern from Wallis and Futuna Isds reveals significant dependencyin residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
New Zealand demonstrates competitive strength in exportingmeat: of bovine animals, boneless cuts, fresh or chilled to Wallis and Futuna Isds, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $6.04M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: New Zealand-Wallis and Futuna Isds Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $6.04 millionrepresenting a significant bilateral economic relationship
- Trade Balance: New Zealand maintains a surplus of $6.03 million
- Export Focus: New Zealand's primary exports include meat: of bovine animals, boneless cuts, fresh or chilled, meat preparations: of bovine animals, meat or meat offal, prepared or preserved (excluding livers and homogenised preparations), dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)
- Import Dependencies: Key imports from Wallis and Futuna Isds include residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents, waste and scrap of primary cells, primary batteries and electric accumulators: spent primary cells, spent primary batteries and spent electric accumulators, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $6.04M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with New Zealand leveraging its comparative advantages in meat: of bovine animals, boneless cuts, fresh or chilled.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
New Zealand's specialization in meat: of bovine animals, boneless cuts, fresh or chilledcomplements Wallis and Futuna Isds's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $6.04M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $6.04M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $6.04 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in meat: of bovine animals, boneless cuts, fresh or chilled and residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
New Zealand's trade surplus of $6.03 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between New Zealand and Wallis and Futuna Isds represents a total trade volume of $6.04 million in 2023. This partnership demonstrates a favorable trade balance for New Zealand, with exports exceeding importsby $6.03 million.
Export Strengths
New Zealand's exports to Wallis and Futuna Isds total $6.04 million, with competitive advantages in meat: of bovine animals, boneless cuts, fresh or chilled, representing $1.02M or16.9% of bilateral exports.
Import Dependencies
Imports from Wallis and Futuna Isds amount to $6.83 thousand, highlighting economic interdependence in residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents, with Residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents comprising64.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates New Zealand's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between New Zealand and Wallis and Futuna Isds in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023