# New Zealand exports to the Philippines: Trade Route Risk | Yugalinks

Understand reported exports from New Zealand to the Philippines, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/NZL-PHL/risk

## Route overview

In 2024, New Zealand reported $500.5M in goods exports to the Philippines. The overall review level is High attention.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $500.5M | 2024 route total |
| Exports needing review | 59.1% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 14 | High-attention product types |
| Export volatility | 0.7 | Higher means bigger yearly swings |
| Below highest year | 33.1% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 040590 | Dairy produce: fats and oils derived from milk (other than butter or dairy spreads) | $106.6M | 32.2% | High attention |
| 2 | 040210 | Dairy produce: milk and cream, concentrated or containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content not exceeding 1.5% (by weight) | $462.1M | 39.3% | High attention |
| 3 | 040690 | Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406 | $85.3M | 35% | Watch |
| 4 | 040390 | Dairy produce: buttermilk, curdled milk or cream, kephir, fermented or acidified milk or cream, whether or not concentrated or containing added sweetening, flavouring, fruit or cocoa (excluding yoghurt) | $139.2M | 27.2% | Stable |
| 5 | 040510 | Dairy produce: derived from milk, butter | $44.6M | 7.3% | High attention |
| 6 | 020230 | Meat: of bovine animals, boneless cuts, frozen | $657.6M | 0.9% | Watch |
| 7 | 040221 | Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) | $43.3M | 70.9% | Critical attention |
| 8 | 040120 | Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content exceeding 1% but not exceeding 6% (by weight) | $95.8M | 45.3% | Stable |
| 9 | 040610 | Dairy produce: fresh cheese (including whey cheese), not fermented, and curd | $67.5M | 42.2% | Stable |
| 10 | 040630 | Dairy produce: cheese, processed (not grated or powdered) | $34.1M | 4.4% | Stable |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.