Raw milk of cattle — Terms of trade in New Zealand

New Zealand: Raw milk of cattle — Terms of trade was 128.79 % in 2024. ▲ Rising

Latest (2024)
128.79 %
Change on year
down 9.1%
World rank
24th
of 93 countries
All-time high
155.43 %
in 2018
All-time low
73.92 %
in 2010
Years of data
15
2010–2024

Raw milk of cattle — Terms of trade in New Zealand, 2010–2024

0501001502010201720242010: 73.9 %2011: 77.9 %2012: 75.9 %2013: 82.2 %2014: 101.6 %2015: 110.4 %2016: 88.5 %2017: 117.9 %2018: 155.4 %2019: 123.5 %2020: 151.1 %2021: 114.7 %2022: 151.7 %2023: 141.7 %2024: 128.8 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, raw milk of cattle — terms of trade in New Zealand stood at 128.79 %.

That represents a change of down 9.1% on the previous year and up 26.7% over ten years.

Over the whole period, raw milk of cattle — terms of trade in New Zealand peaked at 155.43 % in 2018 and was at its lowest, 73.92 %, in 2010.

New Zealand ranks 24th of 93 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Raw milk of cattle — Terms of trade in New Zealand, year by year

Annual values for Raw milk of cattle — Terms of trade in New Zealand, 2010 to 2024.
Year % Change
2010 73.92 %
2011 77.9 % +5.4%
2012 75.88 % -2.6%
2013 82.2 % +8.3%
2014 101.64 % +23.6%
2015 110.36 % +8.6%
2016 88.5 % -19.8%
2017 117.93 % +33.3%
2018 155.43 % +31.8%
2019 123.45 % -20.6%
2020 151.07 % +22.4%
2021 114.69 % -24.1%
2022 151.74 % +32.3%
2023 141.73 % -6.6%
2024 128.79 % -9.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 100.72 % 73.92 % 155.43 % 10
2020s 137.6 % 114.69 % 151.74 % 5

Countries ranked near New Zealand

  1. 21 Saudi Arabia 133.22 % compare
  2. 22 Bosnia and Herzegovina 131.69 % compare
  3. 23 Croatia 130.08 % compare
  4. 25 Switzerland 124.23 % compare
  5. 26 Czechia 123.65 % compare
  6. 27 Mexico 118.16 % compare

See the full ranking of 99 places →

More agriculture & rural data for New Zealand

All data for New Zealand →

Frequently asked questions

What is raw milk of cattle — terms of trade in New Zealand?
Raw milk of cattle — terms of trade in New Zealand was 128.79 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest raw milk of cattle — terms of trade recorded in New Zealand?
The highest recorded value was 155.43 % in 2018.
What is the lowest raw milk of cattle — terms of trade recorded in New Zealand?
The lowest recorded value was 73.92 % in 2010.
How does New Zealand rank for raw milk of cattle — terms of trade?
New Zealand ranks 24th out of 93 countries with data for 2024.
Is raw milk of cattle — terms of trade rising or falling in New Zealand?
Over the last ten years it is up 26.7%. The long-run trend across the full record is rising.
Where does this New Zealand data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Raw milk of cattle — Terms of trade. Statizoid updates them automatically from the source API.

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Raw milk of cattle — Terms of trade in New Zealand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 13 September 2026, from https://agriculture.statizoid.com/stat/raw-milk-of-cattle-terms-of-trade/new-zealand/

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About this data

Indicator
Raw milk of cattle — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
99 places, 1,373 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK