Wallis and Futuna Isds-New Zealand Bilateral Trade Analysis 2023
Complete trade statistics: $6.04M total volume •Wallis and Futuna Isds deficit: $6.03M
Wallis and Futuna Isds → New Zealand
$6,835
Exports (2023)
New Zealand → Wallis and Futuna Isds
$6.04M
Imports (2023)
Trade Balance
$6.03M
Deficit for Wallis and Futuna Isds
Total Trade
$6.04M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Wallis and Futuna Isds and New Zealand. Green line shows exports from Wallis and Futuna Isds, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Wallis and Futuna Isds-New Zealand commercial relationship and competitive positioning in global markets.
Wallis and Futuna Isds → New Zealand Exports
Export Market Intelligence
🎯 Strategic Export Focus
Wallis and Futuna Isds's export portfolio to New Zealand demonstrates strategic specialization, with residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents representing a key competitive advantage in this bilateral market.
New Zealand → Wallis and Futuna Isds Imports
Import Dependency Profile
📦 Import Strategy Analysis
Wallis and Futuna Isds's import pattern from New Zealand reveals significant dependencyin meat: of bovine animals, boneless cuts, fresh or chilled, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Wallis and Futuna Isds demonstrates competitive strength in exportingresidual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents to New Zealand, 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: Wallis and Futuna Isds-New Zealand Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $6.04 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Wallis and Futuna Isds maintains a deficit of $6.03 million
- Export Focus: Wallis and Futuna Isds's primary exports 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
- Import Dependencies: Key imports from New Zealand 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)
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 Wallis and Futuna Isds leveraging its comparative advantages in residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents.
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
Wallis and Futuna Isds's specialization in residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solventscomplements New Zealand's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in meat: of bovine animals, boneless cuts, fresh or chilled.
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 residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents and meat: of bovine animals, boneless cuts, fresh or chilled demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Wallis and Futuna Isds's trade deficit of $6.03 million impacts 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 Wallis and Futuna Isds and New Zealand represents a total trade volume of $6.04 million in 2023. This partnership demonstrates an unfavorable trade balance for Wallis and Futuna Isds, with imports exceeding exportsby $6.03 million.
Export Strengths
Wallis and Futuna Isds's exports to New Zealand total $6.83 thousand, with competitive advantages in residual products of the chemical or allied industries, not elsewhere specified or included: halogenated waste organic solvents, representing $4,400 or64.4% of bilateral exports.
Import Dependencies
Imports from New Zealand amount to $6.04 million, highlighting economic interdependence in meat: of bovine animals, boneless cuts, fresh or chilled, with Meat: of bovine animals, boneless cuts, fresh or chilled comprising16.9% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Wallis and Futuna Isds's strategic sourcing from New Zealand. 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 Wallis and Futuna Isds and New Zealand in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023