International merchandise trade plays a crucial role in economic development, binding producers and consumers located in different countries into a global economic system. The availability of timely, high quality international trade statistics is therefore vital for the analysis of production, consumption, employment, etc. at national and global levels.
Statistical release: International Merchandise and Trade 2020
- Both imports and exports of goods to and from Niue were heavily impacted by COVID-19.
- Total exports for Niue in 2020 was $853,812, a decrease of 65.9% from the previous year.
- Total imports was $18,105,374, a decrease of -12.5%.
Figures at a glance
|Total imports (CIF NZ$000)|
|Annual movement (%)||-12.5%|
|Total exports (NZ$000)|
|Annual movement (%)||-65.9%|
|Domestic (% annual increase)||-23.7%|
|Re-exports (% annual increase)||-72.4%|
|Balance of Trade (NZ$000)|
|2018||- $ 17,251.6|
|Annual movement (%)||-5.2|
|Other trade information|
|Re-imports total (FOB NZ$000)||$ 174.5|
|Repairs (FOB NZ$000)||$ 62.0|
|Use and return (FOB NZ$000)||$ 0.0|
|Fill and return (FOB NZ$000)||$ 5.2|
|Others (FOB NZ$000)||$ -|
Please note that import figures used for this statistical release are those (mirror statistics) provided by the Trade Statistics Section of Statistics New Zealand (SNZ). Domestic exports and re-export figures were extracted from Niue Customs records, Niue Numismatic records, records from Niue Bulk Fuel. Records collected of goods carried by passengers when travelling as informal trade is not included in this year’s analysis.
Statistics Niue continue to use the mirror data for reporting of imports. In using mirror data there are certain limitations to it. Users are therefore asked to note the limitations of the data and use with due care.