Wheat — Terms of trade in New Zealand
New Zealand: Wheat — Terms of trade was 111.69 % in 2024. ◆ Volatile
Wheat — Terms of trade in New Zealand, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, wheat — terms of trade in New Zealand stood at 111.69 %.
That represents a change of up 17.0% on the previous year and up 83.6% over ten years.
Over the whole period, wheat — terms of trade in New Zealand peaked at 159.07 % in 2015 and was at its lowest, 19.78 %, in 2010.
New Zealand ranks 24th of 80 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Wheat — Terms of trade in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 19.78 % | — |
| 2011 | 32.36 % | +63.6% |
| 2012 | 36.28 % | +12.1% |
| 2013 | 26.87 % | -25.9% |
| 2014 | 60.83 % | +126.4% |
| 2015 | 159.07 % | +161.5% |
| 2016 | 86.53 % | -45.6% |
| 2017 | 105.51 % | +21.9% |
| 2018 | 32.52 % | -69.2% |
| 2019 | 59.89 % | +84.2% |
| 2020 | 66.7 % | +11.4% |
| 2021 | 38.8 % | -41.8% |
| 2022 | 66.53 % | +71.5% |
| 2023 | 95.43 % | +43.4% |
| 2024 | 111.69 % | +17.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 61.96 % | 19.78 % | 159.07 % | 10 |
| 2020s | 75.83 % | 38.8 % | 111.69 % | 5 |
Countries ranked near New Zealand
More agriculture & rural data for New Zealand
- Agriculture, forestry, and fishing, value added (current US$), annual -10.07 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0401 current US$ per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (current US$), per 1,976 current US$ per person (2023)
- Rural population, annual growth rate 0.275 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.16 units per person (2025)
- Share of GDP from agriculture 4.0% (2023)
- Agriculture as a share of GDP vs. GDP per capita 4.0% (2023)
- Agricultural raw materials exports 9.3% (2025)
- Agricultural raw materials imports 0.8% (2025)
Frequently asked questions
- What is wheat — terms of trade in New Zealand?
- Wheat — terms of trade in New Zealand was 111.69 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — terms of trade recorded in New Zealand?
- The highest recorded value was 159.07 % in 2015.
- What is the lowest wheat — terms of trade recorded in New Zealand?
- The lowest recorded value was 19.78 % in 2010.
- How does New Zealand rank for wheat — terms of trade?
- New Zealand ranks 24th out of 80 countries with data for 2024.
- Is wheat — terms of trade rising or falling in New Zealand?
- Over the last ten years it is up 83.6%. 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 Wheat — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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