# New Zealand HS 040410 exports | Yugalinks

Explore reported HS 040410 exports from New Zealand: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | New Zealand |
| HS6 | 040410 |
| Latest exports | $48.5M |
| Active destinations | 32 |
| Three-year growth | -2.3% |
| Destination HHI | 1,655 |
| Weighted share | 7.4% |

## Destination markets

- China: $15.4M; share 2.1%; growth +26.9%
- Malaysia: $8.3M; share 8.1%; growth +4.6%

## Price intelligence

- Highest reported market price: Germany at $122.4K / ton.
- Lowest reported market price: Former Arab Republic of Yemen at $526.2 / ton.
- Median reported price: $2.5K / ton.
- Price spread: 4,894.2%.

## Export history

- 2010: $36.0M
- 2011: $76.0M
- 2012: $101.8M
- 2013: $167.6M
- 2014: $93.1M
- 2015: $43.6M
- 2016: $36.5M
- 2017: $48.8M
- 2018: $37.9M
- 2019: $38.4M
- 2020: $38.3M
- 2021: $49.9M
- 2022: $65.9M
- 2023: $51.8M
- 2024: $46.5M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/nzl/040410",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040410",
    "exporter": "https://www.yugalinks.com/trade/exporter/nzl/040410",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "040410",
    "exporter_iso3": "NZL",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 102,
    "current_lane_count": 32,
    "active_market_count": 32,
    "exports_latest_observed_lanes_usd": 48495202.72741996,
    "exports_current_2024_usd": 46545306.22697814,
    "exports_avg_3y_usd": 54736268.14289024,
    "exports_avg_5y_usd": 50476155.794850886,
    "exports_avg_10y_usd": 45761606.531449385,
    "exports_cagr_3y_pct": -2.2985847888197464,
    "exports_cagr_5y_pct": 3.899786669537031,
    "exports_cagr_10y_pct": -6.695033233564995,
    "exports_all_year_lane_avg_usd": 43808267.155987464,
    "exports_historical_lane_peak_usd": 259916816.15201196,
    "historical_peak_year": 2013,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": 4.396448444745249,
    "trend_label": "Stable",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 15391435.901999993,
    "top_market_share_pct": 31.738058686983138,
    "destination_hhi": 1654.8941953269175,
    "weighted_share_latest_pct": 7.428814917436128,
    "weighted_share_change_1y_pp": -0.4240860601520367,
    "weighted_volatility_cv": 1.286484551632176,
    "weighted_max_drawdown_pct": 90.07139662149669,
    "limited_history_lane_share_pct": 40.19607843137255,
    "data_freshness_years": 0,
    "coverage_score": 96,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:37",
    "source": "api",
    "product": {
      "hs_code": 40410,
      "hs_description": "Dairy produce: whey, whether or not concentrated or containing added sugar or other sweetening matter",
      "hs_chapter": 4,
      "hs_heading": 404,
      "substitution_elasticity": -2.6494119,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Dairy produce: whey, whether or not concentrated or containing added sugar or other sweetening matter",
    "hs_chapter": 4,
    "hs_heading": 404,
    "destinations": [
      {
        "hs_code": 40410,
        "corridor_rank": 49,
        "exporter_iso3": "NZL",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 15391435.901999993,
        "exports_all_year_avg_usd": 9987568.985775689,
        "exports_avg_3y_usd": 16107120.561650343,
        "exports_avg_5y_usd": 12759532.819256606,
        "exports_avg_10y_usd": 9268242.861026866,
        "exports_cagr_3y_pct": 26.892822579564402,
        "exports_cagr_5y_pct": 22.79098886254305,
        "exports_cagr_10y_pct": 21.871781085112453,
        "exports_historical_peak_usd": 50701358.89383594,
        "buyer_imports_latest_observed_usd": 734666582.4930537,
        "historical_peak_year": 2012,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": 5.02104149445195,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -2.8929,
        "buyer_yoy_all_avg_pct": 15.9122,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 2.0950232756973834,
        "market_share_change_1y_pp": 0.04167171280651738,
        "peer_best_share_pct": 29.514601521801342,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 36,
        "buyer_market_hhi": 1252.56,
        "distance_km": 11041.02734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.2855323787795959,
        "tariff_advantage_pp": 0.24738913551538172,
        "volatility_cv": 1.1520068908944416,
        "max_drawdown_pct": 95.8002063049125,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40410,
        "corridor_rank": 97,
        "exporter_iso3": "NZL",
        "importer_iso3": "MYS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8314264.851017018,
        "exports_all_year_avg_usd": 7553428.01972258,
        "exports_avg_3y_usd": 7949748.975602307,
        "exports_avg_5y_usd": 7514816.828796336,
        "exports_avg_10y_usd": 6441477.662038518,
        "exports_cagr_3y_pct": 4.615898882863134,
        "exports_cagr_5y_pct": 6.206387952025172,
        "exports_cagr_10y_pct": -10.589283043207798,
        "exports_historical_peak_usd": 99523887.74837327,
        "buyer_imports_latest_observed_usd": 102136698.18045944,
        "historical_peak_year": 2013,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": 15.205181926070932,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 9.1217,
        "buyer_yoy_all_avg_pct": 14.7142,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 8.140330556140576,
        "market_share_change_1y_pp": 2.1090389975982076,
        "peer_best_share_pct": 22.264001656322957,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 33,
        "buyer_market_hhi": 1144.42,
        "distance_km": 8928.609375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.133850283579798,
        "tariff_advantage_pp": -0.03676307156116165,
        "volatility_cv": 2.3682363129074484,
        "max_drawdown_pct": 97.53889865513617,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "NZL",
      "hs_code": 40410,
      "num_markets": 51,
      "highest_price_importer_iso3": "DEU",
      "highest_price_usd_per_ton": 122350.74100211715,
      "lowest_price_importer_iso3": "YEM",
      "lowest_price_usd_per_ton": 526.199460916442,
      "median_price_across_markets": 2489.1763917967783,
      "price_spread_pct": 4894.170696085676,
      "avg_quantity_metric_tons": 666.4759810126583,
      "total_trade_value_usd": 245813560
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 35989337.757704295,
        "active_destinations": 29,
        "yoy_growth_pct": 39.48045550435804
      },
      {
        "year": 2011,
        "export_value_usd": 75973679.55897447,
        "active_destinations": 34,
        "yoy_growth_pct": 111.10052113340336
      },
      {
        "year": 2012,
        "export_value_usd": 101753269.64219615,
        "active_destinations": 39,
        "yoy_growth_pct": 33.93226474335799
      },
      {
        "year": 2013,
        "export_value_usd": 167584515.7555274,
        "active_destinations": 32,
        "yoy_growth_pct": 64.6969344030117
      },
      {
        "year": 2014,
        "export_value_usd": 93073975.97541079,
        "active_destinations": 33,
        "yoy_growth_pct": -44.46147034778125
      },
      {
        "year": 2015,
        "export_value_usd": 43606280.29793896,
        "active_destinations": 39,
        "yoy_growth_pct": -53.148793912640734
      },
      {
        "year": 2016,
        "export_value_usd": 36496943.323102504,
        "active_destinations": 41,
        "yoy_growth_pct": -16.303470340194266
      },
      {
        "year": 2017,
        "export_value_usd": 48791362.77667306,
        "active_destinations": 38,
        "yoy_growth_pct": 33.686162001923634
      },
      {
        "year": 2018,
        "export_value_usd": 37898997.50590317,
        "active_destinations": 38,
        "yoy_growth_pct": -22.32437187833066
      },
      {
        "year": 2019,
        "export_value_usd": 38441702.43662174,
        "active_destinations": 41,
        "yoy_growth_pct": 1.431977008452635
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      {
        "year": 2020,
        "export_value_usd": 38263611.190511234,
        "active_destinations": 34,
        "yoy_growth_pct": -0.46327616838542135
      },
      {
        "year": 2021,
        "export_value_usd": 49908363.355072536,
        "active_destinations": 36,
        "yoy_growth_pct": 30.432966994628607
      },
      {
        "year": 2022,
        "export_value_usd": 65869671.07657034,
        "active_destinations": 35,
        "yoy_growth_pct": 31.98122849259
      },
      {
        "year": 2023,
        "export_value_usd": 51793827.12512219,
        "active_destinations": 35,
        "yoy_growth_pct": -21.369233702542186
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      {
        "year": 2024,
        "export_value_usd": 46545306.22697814,
        "active_destinations": 32,
        "yoy_growth_pct": -10.13348730817827
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    ],
    "economy": {
      "year": 2024,
      "country_iso3": "NZL",
      "exports_usd": 43169481455.288086,
      "imports_usd": 44028407153.41255,
      "trade_balance_usd": -858925698.124466,
      "yoy_exports_growth_pct": 0.32871307334612077,
      "yoy_imports_growth_pct": -3.9246148637891887,
      "exports_cagr_3y_pct": -0.8524126529053322,
      "imports_cagr_3y_pct": -1.9617068925080972,
      "export_partner_hhi": 1070.2180201824397,
      "export_product_hhi": 263.2735073828176,
      "momentum_score": -0.02562464452931515,
      "risk_score": 6.667457637826286,
      "gdp_million_usd": 260172.3850976165,
      "gdp_per_capita_usd": 49205.17921467924,
      "population": 5287500,
      "labor_force": 2795.13,
      "investment_rate_pct": 23.36,
      "savings_rate_pct": 23.66,
      "secondary_education_pct": 63.29,
      "tertiary_education_pct": 39.32,
      "total_factor_productivity": 2108.64,
      "trade_openness_pct": 36.83959824123019,
      "exports_gdp_pct": 18.2383585023682,
      "num_active_partners": 270,
      "num_fta_partners": 31,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 0,
      "num_shared_language_partners": 77,
      "avg_partner_distance_km": 13215.444444444445,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 11.481481481481481,
      "pct_partners_shared_language": 28.51851851851852,
      "pct_partners_shared_border": 0,
      "avg_applied_tariff_pct": 0.13691119591456238,
      "avg_mfn_tariff_pct": 0.1378845194609429,
      "avg_preferential_tariff_pct": 0.03351240742664182,
      "tariff_advantage_pp": 0.10437211203430108,
      "avg_distance_all_partners_km": 13303.087362575443,
      "num_border_partners": 0,
      "num_colonial_partners": 115,
      "avg_substitution_elasticity": -10.208715542231905,
      "pct_products_high_elasticity": 74.16073245167854,
      "pct_products_low_elasticity": 2.822990844354018,
      "real_market_potential": 248326.5405417353,
      "foreign_market_potential": 10022.747506047606
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "040410",
    "hs_description": "Dairy produce: whey, whether or not concentrated or containing added sugar or other sweetening matter",
    "hs_chapter": 4,
    "hs_heading": 404
  },
  "destinations": [
    {
      "hs_code": 40410,
      "corridor_rank": 49,
      "exporter_iso3": "NZL",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 15391435.901999993,
      "exports_all_year_avg_usd": 9987568.985775689,
      "exports_avg_3y_usd": 16107120.561650343,
      "exports_avg_5y_usd": 12759532.819256606,
      "exports_avg_10y_usd": 9268242.861026866,
      "exports_cagr_3y_pct": 26.892822579564402,
      "exports_cagr_5y_pct": 22.79098886254305,
      "exports_cagr_10y_pct": 21.871781085112453,
      "exports_historical_peak_usd": 50701358.89383594,
      "buyer_imports_latest_observed_usd": 734666582.4930537,
      "historical_peak_year": 2012,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": 5.02104149445195,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -2.8929,
      "buyer_yoy_all_avg_pct": 15.9122,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 2.0950232756973834,
      "market_share_change_1y_pp": 0.04167171280651738,
      "peer_best_share_pct": 29.514601521801342,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 36,
      "buyer_market_hhi": 1252.56,
      "distance_km": 11041.02734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.2855323787795959,
      "tariff_advantage_pp": 0.24738913551538172,
      "volatility_cv": 1.1520068908944416,
      "max_drawdown_pct": 95.8002063049125,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 40410,
      "corridor_rank": 97,
      "exporter_iso3": "NZL",
      "importer_iso3": "MYS",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 8314264.851017018,
      "exports_all_year_avg_usd": 7553428.01972258,
      "exports_avg_3y_usd": 7949748.975602307,
      "exports_avg_5y_usd": 7514816.828796336,
      "exports_avg_10y_usd": 6441477.662038518,
      "exports_cagr_3y_pct": 4.615898882863134,
      "exports_cagr_5y_pct": 6.206387952025172,
      "exports_cagr_10y_pct": -10.589283043207798,
      "exports_historical_peak_usd": 99523887.74837327,
      "buyer_imports_latest_observed_usd": 102136698.18045944,
      "historical_peak_year": 2013,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": 15.205181926070932,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 9.1217,
      "buyer_yoy_all_avg_pct": 14.7142,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 8.140330556140576,
      "market_share_change_1y_pp": 2.1090389975982076,
      "peer_best_share_pct": 22.264001656322957,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 33,
      "buyer_market_hhi": 1144.42,
      "distance_km": 8928.609375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.133850283579798,
      "tariff_advantage_pp": -0.03676307156116165,
      "volatility_cv": 2.3682363129074484,
      "max_drawdown_pct": 97.53889865513617,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "NZL",
    "hs_code": 40410,
    "num_markets": 51,
    "highest_price_importer_iso3": "DEU",
    "highest_price_usd_per_ton": 122350.74100211715,
    "lowest_price_importer_iso3": "YEM",
    "lowest_price_usd_per_ton": 526.199460916442,
    "median_price_across_markets": 2489.1763917967783,
    "price_spread_pct": 4894.170696085676,
    "avg_quantity_metric_tons": 666.4759810126583,
    "total_trade_value_usd": 245813560
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 35989337.757704295,
      "active_destinations": 29,
      "yoy_growth_pct": 39.48045550435804
    },
    {
      "year": 2011,
      "export_value_usd": 75973679.55897447,
      "active_destinations": 34,
      "yoy_growth_pct": 111.10052113340336
    },
    {
      "year": 2012,
      "export_value_usd": 101753269.64219615,
      "active_destinations": 39,
      "yoy_growth_pct": 33.93226474335799
    },
    {
      "year": 2013,
      "export_value_usd": 167584515.7555274,
      "active_destinations": 32,
      "yoy_growth_pct": 64.6969344030117
    },
    {
      "year": 2014,
      "export_value_usd": 93073975.97541079,
      "active_destinations": 33,
      "yoy_growth_pct": -44.46147034778125
    },
    {
      "year": 2015,
      "export_value_usd": 43606280.29793896,
      "active_destinations": 39,
      "yoy_growth_pct": -53.148793912640734
    },
    {
      "year": 2016,
      "export_value_usd": 36496943.323102504,
      "active_destinations": 41,
      "yoy_growth_pct": -16.303470340194266
    },
    {
      "year": 2017,
      "export_value_usd": 48791362.77667306,
      "active_destinations": 38,
      "yoy_growth_pct": 33.686162001923634
    },
    {
      "year": 2018,
      "export_value_usd": 37898997.50590317,
      "active_destinations": 38,
      "yoy_growth_pct": -22.32437187833066
    },
    {
      "year": 2019,
      "export_value_usd": 38441702.43662174,
      "active_destinations": 41,
      "yoy_growth_pct": 1.431977008452635
    },
    {
      "year": 2020,
      "export_value_usd": 38263611.190511234,
      "active_destinations": 34,
      "yoy_growth_pct": -0.46327616838542135
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      "yoy_growth_pct": 30.432966994628607
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      "yoy_growth_pct": 31.98122849259
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      "active_destinations": 35,
      "yoy_growth_pct": -21.369233702542186
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      "active_destinations": 32,
      "yoy_growth_pct": -10.13348730817827
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  ],
  "economy": {
    "year": 2024,
    "country_iso3": "NZL",
    "exports_usd": 43169481455.288086,
    "imports_usd": 44028407153.41255,
    "trade_balance_usd": -858925698.124466,
    "yoy_exports_growth_pct": 0.32871307334612077,
    "yoy_imports_growth_pct": -3.9246148637891887,
    "exports_cagr_3y_pct": -0.8524126529053322,
    "imports_cagr_3y_pct": -1.9617068925080972,
    "export_partner_hhi": 1070.2180201824397,
    "export_product_hhi": 263.2735073828176,
    "momentum_score": -0.02562464452931515,
    "risk_score": 6.667457637826286,
    "gdp_million_usd": 260172.3850976165,
    "gdp_per_capita_usd": 49205.17921467924,
    "population": 5287500,
    "labor_force": 2795.13,
    "investment_rate_pct": 23.36,
    "savings_rate_pct": 23.66,
    "secondary_education_pct": 63.29,
    "tertiary_education_pct": 39.32,
    "total_factor_productivity": 2108.64,
    "trade_openness_pct": 36.83959824123019,
    "exports_gdp_pct": 18.2383585023682,
    "num_active_partners": 270,
    "num_fta_partners": 31,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 0,
    "num_shared_language_partners": 77,
    "avg_partner_distance_km": 13215.444444444445,
    "avg_partner_gdp_million_usd": 533678518.3258192,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 11.481481481481481,
    "pct_partners_shared_language": 28.51851851851852,
    "pct_partners_shared_border": 0,
    "avg_applied_tariff_pct": 0.13691119591456238,
    "avg_mfn_tariff_pct": 0.1378845194609429,
    "avg_preferential_tariff_pct": 0.03351240742664182,
    "tariff_advantage_pp": 0.10437211203430108,
    "avg_distance_all_partners_km": 13303.087362575443,
    "num_border_partners": 0,
    "num_colonial_partners": 115,
    "avg_substitution_elasticity": -10.208715542231905,
    "pct_products_high_elasticity": 74.16073245167854,
    "pct_products_low_elasticity": 2.822990844354018,
    "real_market_potential": 248326.5405417353,
    "foreign_market_potential": 10022.747506047606
  }
}
```