According to Statistics New Zealand released on February 1, by the end of December 2021, the total export value of goods in the new year was s $63.3 billion, an increase of S $3.3 billion (5.6%) over the previous year. Among the new major export commodities, milk powder, butter and cheese reached S $17 billion, an increase of S $1.2 billion (7.3%). Timber and wood products increased by S $1 billion (22%) to S $5.5 billion, of which logs increased by S $921 million. Meat and edible offal increased by S $592 million (7.3%) to S $8.7 billion, including S $328 million for beef and S $197 million for mutton. In 2021, the total value of newly imported goods was s $70.1 billion, an increase of S $13.1 billion (23%) over the previous year. Xinhe auto parts and components increased by 5.8 billion yuan, of which Xinhe auto parts and components increased by 8.8 billion yuan; This was followed by S $9.8 billion for machinery and equipment, an increase of S $1.6 billion (20%); Electrical machinery and equipment was s $6.2 billion, an increase of S $881 million (17%). By the end of December 2021, the trade deficit in the new year was s $6.8 billion. In 2021, New Zealand maintained a leading position in the growth of trade with China. Among them, the export of goods to China was s $20 billion, an increase of 20.3%, and the import of goods from China was s $16.63 billion, an increase of 29.5%. [source: Auckland business office]