Travel exports continue to rise in December quarter

Total travel services exports rose $1.9 billion (255 percent) compared with the December 2021 quarter, leading the increase in total export services, Stats NZ said today.

"The increase in travel exports was mainly driven by increased international passenger numbers," international trade manager Alasdair Allen said.

"This is due to the continued relaxing of travel restrictions in the December 2022 quarter."

International travel: December 2022 has more information.

QuarterExportsImports
Jun-1421162368211150159033
Sep-1419844222271468587495
Dec-1429845686101284562083
Mar-1543130790761110559127
Jun-1528807062481268505234
Sep-1528139973151608270313
Dec-1534293021101368947026
Mar-1649443190121194644904
Jun-1630408932171347268161
Sep-1626592768691703274203
Dec-1634767729861485971210
Mar-1749450708791344105944
Jun-1733195716281464458021
Sep-1728837026911845667169
Dec-1737754257301617977850
Mar-1853614264571425763900
Jun-1836106235841574449172
Sep-1828587158412022546485
Dec-1838860554811647150833
Mar-1954501284871383040149
Jun-1935445139461540306242
Sep-1929693181441950577060
Dec-1940235715981653007292
Mar-2053762768891282012549
Jun-201338394313270345325
Sep-201103656371339085831
Dec-201050693324357507674
Mar-211072065405306226237
Jun-211373396072426424898
Sep-21851252334458130474
Dec-21755523184449932260
Mar-22786026304447362067
Jun-221295748669851668301
Sep-2218065469391405327232
Dec-2226798875491410029666

Travel exports cover all expenditure on both goods and services by overseas visitors in New Zealand, including holidaymakers, business travellers, and international students. International airfares are part of transportation services and are not included in travel.

Within the travel category, personal travel exports led the increase, up $1.7 billion (242 percent) from the December 2021 quarter, to $2.4 billion.

QuarterBusiness travel Education-related travel Other personal travel
Sep-1827099732610918839051492768610
Dec-1832632840611038030912452889984
Mar-1928027991811209092504045828319
Jun-1933488934510868108072120421794
Sep-1927248809910826535591611110486
Dec-1941570684010847415362520089222
Mar-2029580650410381964564039162929
Jun-2042475694856002152439916467
Sep-2029542845802670631271442895
Dec-2029559438786929237234204649
Mar-2129570482784137454258357469
Jun-21178133417760975512434287143
Sep-2188921258492596032269735044
Dec-2167514523455963707232044954
Mar-2268516500424452041293057763
Jun-22236050382424452041635246246
Sep-22323502502577875307905169130
Dec-223281175135416746641810095372

Australia had the largest share of both travel exports and imports in the December 2022 quarter.

"Restrictions on travel between Australia and New Zealand were some of the first to be relaxed," Allen said.

"This gave Australians a head start to visit New Zealand, compared with other countries."

CountriesDec-19Dec-20Dec-21Dec-22
Australia5492644938110983190281134591659417
China643234477264198719179795581289388005
United States4173318334235426331873090265948591
United Kingdom1915796661741769815614820166757408
India2211833901786794218558178292425013
Other1585270899437373954284862254945591602

Transportation services exports also benefited from increased international travel in the December 2022 quarter, rising $544 million (146 percent) from the December 2021 quarter. Transportation services include airfares.

QuarterSea transport Air transport
Sep-19168518400563097339
Dec-19174739400736746330
Mar-20158664500796102370
Jun-20172031000122214000
Sep-20150270000137915000
Dec-20174294000142988000
Mar-21173952000131378000
Jun-21171823000159470000
Sep-21176894000139736000
Dec-21163129000158157000
Mar-22161636000189153000
Jun-22169960000294042000
Sep-22173566000466476000
Dec-22195136000681637000

Total services exports increased by $2.4 billion (68 percent), compared with the December 2021 quarter, while total services imports rose $1.7 billion (31 percent).

/Stats NZ Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.