Soya beans — Terms of trade in New Zealand

New Zealand: Soya beans — Terms of trade was 162.41 % in 2024. ◆ Volatile

Latest (2024)
162.41 %
Change on year
down 44.2%
World rank
15th
of 74 countries
All-time high
819.03 %
in 2017
All-time low
55.34 %
in 2014
Years of data
15
2010–2024

Soya beans — Terms of trade in New Zealand, 2010–2024

02004006008002010201720242010: 141.3 %2011: 71.3 %2012: 64.7 %2013: 162.9 %2014: 55.3 %2015: 104.3 %2016: 155.4 %2017: 819 %2018: 780.1 %2019: 418.4 %2020: 64 %2021: 131 %2022: 102.2 %2023: 291 %2024: 162.4 %

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

Analysis

In 2024, soya beans — terms of trade in New Zealand stood at 162.41 %.

The figure is down 44.2% on the previous year and up 193.5% over ten years.

Over the whole period, soya beans — terms of trade in New Zealand peaked at 819.03 % in 2017 and was at its lowest, 55.34 %, in 2014.

That places New Zealand 15th out of 74 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Soya beans — Terms of trade in New Zealand, year by year

Annual values for Soya beans — Terms of trade in New Zealand, 2010 to 2024.
Year % Change
2010 141.31 %
2011 71.34 % -49.5%
2012 64.73 % -9.3%
2013 162.88 % +151.6%
2014 55.34 % -66.0%
2015 104.34 % +88.5%
2016 155.44 % +49.0%
2017 819.03 % +426.9%
2018 780.12 % -4.8%
2019 418.39 % -46.4%
2020 63.95 % -84.7%
2021 131.03 % +104.9%
2022 102.25 % -22.0%
2023 291.02 % +184.6%
2024 162.41 % -44.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 277.29 % 55.34 % 819.03 % 10
2020s 150.13 % 63.95 % 291.02 % 5

Countries ranked near New Zealand

  1. 12 Switzerland 178.37 % compare
  2. 13 United Kingdom of Great Britain and Northern Ireland 174.2 % compare
  3. 14 Peru 165.72 % compare
  4. 16 United Arab Emirates 156.16 % compare
  5. 17 Uruguay 155.25 % compare
  6. 18 Croatia 149.06 % compare

See the full ranking of 82 places →

More agriculture & rural data for New Zealand

All data for New Zealand →

Frequently asked questions

What is soya beans — terms of trade in New Zealand?
Soya beans — terms of trade in New Zealand was 162.41 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest soya beans — terms of trade recorded in New Zealand?
The highest recorded value was 819.03 % in 2017.
What is the lowest soya beans — terms of trade recorded in New Zealand?
The lowest recorded value was 55.34 % in 2014.
How does New Zealand rank for soya beans — terms of trade?
New Zealand ranks 15th out of 74 countries with data for 2024.
Is soya beans — terms of trade rising or falling in New Zealand?
Over the last ten years it is up 193.5%. The long-run trend across the full record is volatile.
Where does this New Zealand data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Soya beans — Terms of trade. Statizoid updates them automatically from the source API.

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Soya beans — Terms of trade in New Zealand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://agriculture.statizoid.com/stat/soya-beans-terms-of-trade/new-zealand/

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About this data

Indicator
Soya beans — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
82 places, 1,139 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