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Who buys New Zealand’s butter? Export destinations 2024

In 2024, New Zealand exported $2.7 billion of butter (434 thousand tonnes), 22.4% of the world total. Its main destinations were China (29%), Australia (8%) and Saudi Arabia (6%). New Zealand was the world’s largest exporter of butter.

Summary

Value
$2.7billion
Tonnes
434thousand tonnes
Share of world total
22.4%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
China780Tonnes: 117,419USD per tonne: $6,64328.5%Sea
Australia218Tonnes: 36,021USD per tonne: $6,0508%Sea
Saudi Arabia174Tonnes: 29,181USD per tonne: $5,9596.4%Sea
Mexico153Tonnes: 22,900USD per tonne: $6,6825.6%Sea
United States147Tonnes: 24,223USD per tonne: $6,0545.4%Sea
Indonesia134Tonnes: 19,448USD per tonne: $6,8904.9%Sea
Philippines125Tonnes: 19,859USD per tonne: $6,3054.6%Sea
Malaysia99.5Tonnes: 16,030USD per tonne: $6,2053.6%Sea
Taiwan92.8Tonnes: 14,181USD per tonne: $6,5473.4%Sea
Japan70.3Tonnes: 11,369USD per tonne: $6,1812.6%Sea
Thailand65.4Tonnes: 10,873USD per tonne: $6,0112.4%Sea
Egypt59.2Tonnes: 8,479USD per tonne: $6,9812.2%Sea
South Korea58.7Tonnes: 8,439USD per tonne: $6,9522.2%Sea
Vietnam54Tonnes: 7,761USD per tonne: $6,9622%Sea
Singapore re-exports40Tonnes: 6,109USD per tonne: $6,5481.5%Sea
United Arab Emirates38.1Tonnes: 5,912USD per tonne: $6,4401.4%Sea
Canada38Tonnes: 11,231USD per tonne: $3,3861.4%Sea
Hong Kong re-exports37.5Tonnes: 5,654USD per tonne: $6,6381.4%Sea
Peru35.1Tonnes: 5,230USD per tonne: $6,7051.3%Sea
Azerbaijan29.4Tonnes: 4,490USD per tonne: $6,5561.1%Sea

Trend

Who it sells to

China has been its main destination since 2011

Value in USD millions. The five largest destinations in 2024.

  • China 780
  • Australia 218
  • Saudi Arabia 174
  • Mexico 153
  • United States 147

Source: CEPII BACI

Show the numbers
Partner19952024
China0.77780
Australia8.4218
Saudi Arabia8.8174
Mexico6.8153
United States1.5147

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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