{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/price-exporter/nzl/270900",
  "page": {
    "title": "New Zealand HS6 270900 Export Price Comparison | Yugalinks",
    "description": "Compare reported New Zealand export prices for HS6 270900. See the median unit value, destination comparisons, trade value, and annual price trends.",
    "route": "/trade/price-exporter/nzl/270900"
  },
  "exporter": {
    "iso3": "NZL",
    "name": "New Zealand"
  },
  "product": {
    "hs_code": "270900",
    "description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude"
  },
  "summary": {
    "num_markets": 19,
    "highest_price_importer_iso3": "WSM",
    "highest_price_usd_per_ton": 566000,
    "lowest_price_importer_iso3": "MYS",
    "lowest_price_usd_per_ton": 208.85157670418533,
    "median_price_across_markets": 626.4509321139641,
    "price_spread_pct": 90316.91381063616,
    "avg_quantity_metric_tons": 125695.23442857142,
    "total_trade_value_usd": 2477721421
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "AUS",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 561.0743989573429,
      "quantity_metric_tons": 369947.12,
      "trade_value_usd": 207567858,
      "market_median_price_usd_per_ton": 600.9408342131283,
      "price_vs_median_pct": -6.63400338038045,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "SGP",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 691.2263622666497,
      "quantity_metric_tons": 271307.475,
      "trade_value_usd": 187534879,
      "market_median_price_usd_per_ton": 646.4651410570474,
      "price_vs_median_pct": 6.9239961085005195,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "KOR",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 725.2493321101279,
      "quantity_metric_tons": 143330.516,
      "trade_value_usd": 103950361,
      "market_median_price_usd_per_ton": 668.6234504088538,
      "price_vs_median_pct": 8.469024181943974,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "NZL",
      "importer_iso3": "USA",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 527.6611284299955,
      "quantity_metric_tons": 58382,
      "trade_value_usd": 30805912,
      "market_median_price_usd_per_ton": 691.625842836066,
      "price_vs_median_pct": -23.707141094340884,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "IDN",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 538.1252165606885,
      "quantity_metric_tons": 51255.84,
      "trade_value_usd": 27582060,
      "market_median_price_usd_per_ton": 622.1084838475791,
      "price_vs_median_pct": -13.49977848999518,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "JPN",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 709.484663116666,
      "quantity_metric_tons": 22723,
      "trade_value_usd": 16121620,
      "market_median_price_usd_per_ton": 644.5782061240653,
      "price_vs_median_pct": 10.069601543448359,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "CHN",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 230.5144605574213,
      "quantity_metric_tons": 67482.53,
      "trade_value_usd": 15555699,
      "market_median_price_usd_per_ton": 609.5330232715909,
      "price_vs_median_pct": -62.181792986348086,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "THA",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 641.4430215777302,
      "quantity_metric_tons": 23005.2,
      "trade_value_usd": 14756525,
      "market_median_price_usd_per_ton": 649.6226940350181,
      "price_vs_median_pct": -1.2591420423571233,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "NZL",
      "importer_iso3": "MYS",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 698.0066611444744,
      "quantity_metric_tons": 11589.6,
      "trade_value_usd": 8089618,
      "market_median_price_usd_per_ton": 761.2372452746604,
      "price_vs_median_pct": -8.306291438403267,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "NZL",
      "importer_iso3": "FJI",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 10955.376737381126,
      "quantity_metric_tons": 1.367,
      "trade_value_usd": 14976,
      "market_median_price_usd_per_ton": 10955.376737381126,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2019,
      "exporter_iso3": "NZL",
      "importer_iso3": "PYF",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 8464.646464646465,
      "quantity_metric_tons": 0.297,
      "trade_value_usd": 2514,
      "market_median_price_usd_per_ton": 8464.646464646465,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2019,
      "exporter_iso3": "NZL",
      "importer_iso3": "COK",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 519.5246179966044,
      "quantity_metric_tons": 3.534,
      "trade_value_usd": 1836,
      "market_median_price_usd_per_ton": 519.5246179966044,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "ASM",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 626.4509321139641,
      "quantity_metric_tons": 2.843,
      "trade_value_usd": 1781,
      "market_median_price_usd_per_ton": 626.4509321139641,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "NZL",
      "importer_iso3": "TON",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 5517.073170731707,
      "quantity_metric_tons": 0.205,
      "trade_value_usd": 1131,
      "market_median_price_usd_per_ton": 5517.073170731707,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "NZL",
      "importer_iso3": "ESP",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 6180.851063829788,
      "quantity_metric_tons": 0.094,
      "trade_value_usd": 581,
      "market_median_price_usd_per_ton": 708.8411126212208,
      "price_vs_median_pct": 771.9656568696535,
      "price_position": "Premium"
    },
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "WSM",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 909.0909090909091,
      "quantity_metric_tons": 0.022,
      "trade_value_usd": 20,
      "market_median_price_usd_per_ton": 1214.395099540582,
      "price_vs_median_pct": -25.140433337154644,
      "price_position": "Budget"
    }
  ],
  "marketAggregates": [
    {
      "importer_iso3": "AUS",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 561.0743989573429,
      "market_median_price_usd_per_ton": 600.9408342131283,
      "price_vs_median_pct": -6.63400338038045,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -10.526150789617194,
      "first_year": 2017,
      "period_change_pct": 65.01344010993539,
      "period_trade_value_usd": 1298416787,
      "observed_years": 5
    },
    {
      "importer_iso3": "SGP",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 691.2263622666497,
      "market_median_price_usd_per_ton": 646.4651410570474,
      "price_vs_median_pct": 6.9239961085005195,
      "price_position": "Mid",
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      "period_trade_value_usd": 686653416,
      "observed_years": 5
    },
    {
      "importer_iso3": "KOR",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 725.2493321101279,
      "market_median_price_usd_per_ton": 668.6234504088538,
      "price_vs_median_pct": 8.469024181943974,
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      "prior_year": 2022,
      "yoy_change_pct": -18.815103115252384,
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      "period_change_pct": 51.39984709963053,
      "period_trade_value_usd": 160676021,
      "observed_years": 3
    },
    {
      "importer_iso3": "USA",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 527.6611284299955,
      "market_median_price_usd_per_ton": 691.625842836066,
      "price_vs_median_pct": -23.707141094340884,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 53.37774954092331,
      "first_year": 2020,
      "period_change_pct": 53.37774954092331,
      "period_trade_value_usd": 63666011,
      "observed_years": 2
    },
    {
      "importer_iso3": "IDN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 538.1252165606885,
      "market_median_price_usd_per_ton": 622.1084838475791,
      "price_vs_median_pct": -13.49977848999518,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -34.452664539620045,
      "first_year": 2019,
      "period_change_pct": 10.455400408140259,
      "period_trade_value_usd": 89664222,
      "observed_years": 3
    },
    {
      "importer_iso3": "JPN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 709.484663116666,
      "market_median_price_usd_per_ton": 644.5782061240653,
      "price_vs_median_pct": 10.069601543448359,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2023,
      "period_change_pct": 0,
      "period_trade_value_usd": 16121620,
      "observed_years": 1
    },
    {
      "importer_iso3": "CHN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 230.5144605574213,
      "market_median_price_usd_per_ton": 609.5330232715909,
      "price_vs_median_pct": -62.181792986348086,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -50.84706193640327,
      "first_year": 2022,
      "period_change_pct": -50.84706193640327,
      "period_trade_value_usd": 69016102,
      "observed_years": 2
    },
    {
      "importer_iso3": "THA",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 641.4430215777302,
      "market_median_price_usd_per_ton": 649.6226940350181,
      "price_vs_median_pct": -1.2591420423571233,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -27.022269549454048,
      "first_year": 2017,
      "period_change_pct": -57.19724692507566,
      "period_trade_value_usd": 81261442,
      "observed_years": 4
    },
    {
      "importer_iso3": "MYS",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 698.0066611444744,
      "market_median_price_usd_per_ton": 761.2372452746604,
      "price_vs_median_pct": -8.306291438403267,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 234.2118226539041,
      "first_year": 2020,
      "period_change_pct": 234.2118226539041,
      "period_trade_value_usd": 12200057,
      "observed_years": 2
    },
    {
      "importer_iso3": "FJI",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 10955.376737381126,
      "market_median_price_usd_per_ton": 10955.376737381126,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 2363.569489675045,
      "first_year": 2017,
      "period_change_pct": 3956.205601939458,
      "period_trade_value_usd": 19915,
      "observed_years": 4
    },
    {
      "importer_iso3": "PYF",
      "latest_year": 2019,
      "latest_unit_value_usd_per_ton": 8464.646464646465,
      "market_median_price_usd_per_ton": 8464.646464646465,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2019,
      "period_change_pct": 0,
      "period_trade_value_usd": 2514,
      "observed_years": 1
    },
    {
      "importer_iso3": "COK",
      "latest_year": 2019,
      "latest_unit_value_usd_per_ton": 519.5246179966044,
      "market_median_price_usd_per_ton": 519.5246179966044,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2017,
      "yoy_change_pct": 39.255132111142444,
      "first_year": 2017,
      "period_change_pct": 39.255132111142444,
      "period_trade_value_usd": 18712,
      "observed_years": 2
    },
    {
      "importer_iso3": "ASM",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 626.4509321139641,
      "market_median_price_usd_per_ton": 626.4509321139641,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2023,
      "period_change_pct": 0,
      "period_trade_value_usd": 1781,
      "observed_years": 1
    },
    {
      "importer_iso3": "TON",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 5517.073170731707,
      "market_median_price_usd_per_ton": 5517.073170731707,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2022,
      "period_change_pct": 0,
      "period_trade_value_usd": 1131,
      "observed_years": 1
    },
    {
      "importer_iso3": "ESP",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 6180.851063829788,
      "market_median_price_usd_per_ton": 708.8411126212208,
      "price_vs_median_pct": 771.9656568696535,
      "price_position": "Above",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2022,
      "period_change_pct": 0,
      "period_trade_value_usd": 581,
      "observed_years": 1
    },
    {
      "importer_iso3": "WSM",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 909.0909090909091,
      "market_median_price_usd_per_ton": 1214.395099540582,
      "price_vs_median_pct": -25.140433337154644,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -99.83938323160938,
      "first_year": 2022,
      "period_change_pct": -99.83938323160938,
      "period_trade_value_usd": 586,
      "observed_years": 2
    }
  ],
  "trendRows": [
    {
      "importer_iso3": "AUS",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 340.0173940883503
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 433.3984688018883
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 270.0157619616879
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 627.0819953638858
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 561.0743989573429
        }
      ]
    },
    {
      "importer_iso3": "SGP",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 373.06690485001883
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 668.0555480057646
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 507.9738759084768
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 865.1205942856253
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 691.2263622666497
        }
      ]
    },
    {
      "importer_iso3": "KOR",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 479.02910472087115
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 893.3303606207844
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 725.2493321101279
        }
      ]
    },
    {
      "importer_iso3": "USA",
      "position": "Mid",
      "values": [
        {
          "year": 2020,
          "unit_value_usd_per_ton": 344.027168223125
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 527.6611284299955
        }
      ]
    },
    {
      "importer_iso3": "IDN",
      "position": "Mid",
      "values": [
        {
          "year": 2019,
          "unit_value_usd_per_ton": 487.187783098227
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 820.9719171360641
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 538.1252165606885
        }
      ]
    }
  ],
  "annualRows": [
    {
      "year": 2017,
      "weighted_unit_value_usd_per_ton": 359.13876917265003,
      "trade_value_usd": 578585308,
      "markets": 8
    },
    {
      "year": 2019,
      "weighted_unit_value_usd_per_ton": 468.80014376500395,
      "trade_value_usd": 481780382,
      "markets": 7
    },
    {
      "year": 2020,
      "weighted_unit_value_usd_per_ton": 298.8873193205777,
      "trade_value_usd": 252997829,
      "markets": 5
    },
    {
      "year": 2022,
      "weighted_unit_value_usd_per_ton": 699.7844846358863,
      "trade_value_usd": 591287099,
      "markets": 13
    },
    {
      "year": 2023,
      "weighted_unit_value_usd_per_ton": 603.8333680770337,
      "trade_value_usd": 573070803,
      "markets": 9
    }
  ],
  "faq": [
    {
      "question": "What does New Zealand price positioning show for HS 270900?",
      "answer": "It compares New Zealand's reported unit values across markets with each market's median for the same product and year."
    },
    {
      "question": "What does above or below median mean?",
      "answer": "Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality."
    },
    {
      "question": "How is the export price calculated?",
      "answer": "The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available."
    },
    {
      "question": "Can I compare this with the wider Oils: petroleum oils and oils obtained from bituminous minerals, crude market?",
      "answer": "Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history."
    }
  ],
  "methodology": {
    "unitValueFormula": "reported trade value in USD / reported quantity in metric tons",
    "median": "the median of the reported market unit values for the same exporter, product, and year",
    "spread": "(highest market price - lowest market price) / median market price x 100",
    "marketComparison": "price_vs_median_pct = (market unit value - market median) / market median x 100",
    "pricePosition": "Above, Mid, or Below is assigned from the market comparison to the reported median",
    "coverage": {
      "first_year": 2017,
      "latest_year": 2023,
      "markets": 19,
      "corridor_rows": 42
    }
  },
  "links": {
    "product": "https://www.yugalinks.com/trade/product/270900",
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