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International Merchandise Trade

International Merchandise Trade Niue in terms of international trading is just as small as its physical existence- a microstate with an average import value of NZ$4.3M per annum and an average export value of NZ$0.27M. Niue has a scarce natural resource-base for the production of goods and/or services to replace some of the imports nor/and to maximise the production of goods for exports. Compounded by its geographic remoteness Niue is very dependable on its trading partners for the provision of goods and/or services. Niue import 4 times more than it export.

Total Imports, Exports and Balance of Trade - Value in NZD
Year Imports Exports Balance Exports as a % of Imports
1996 5.039 0.316 -4.722 6.28%
1997 4.329 0.179 -4.149 4.14%
1998 4.543 0.104 -4.439 2.30%
1999 4.466 0.276 -4.189 6.20%
2000 4.215 0.643 -3.572 15.26%
2001 4.598 0.348 -4.249 7.59%
2002 3.85 0.099 -3.751 2.58%
2003 3.659 0.182 -3.476 5.00%
2004 11.8581 0.264 -11.594 2.23%
2005 na na na na
2006 5.573 1.7789 -3.793 31.92%
2007 9.194 3.843 -5.351 41.79%
2008 10.968 0.027 -10.941 0.24%
2009 9.361*

Source: Niue Statistics

Notes: 1. Importation of Building Materials and Machinery for the Cyclone Heta Recovery Projects. 2. All figures stated for Imports and Exports are FOBs.

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