Tung Oil Prices in New Zealand
| Variety | Market level | Price (US$/kg) | Local (NZD) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 4.85 | 7.72 | ▼ 14.1% | ▼ 14.1% | UN Comtrade (unit value) |
As of June 2026, the tung oil price in New Zealand available is US$ 4.85 per kg (7.72 NZD), down 14.1% year-on-year.
New Zealand exported 1,325 tonnes of tung oil in 2024, valued at US$7,479,059, ranking #48 among 108 global exporters and accounting for 0.1% of world exports. Export volumes increased by 23.4% year-on-year, and the country is a net exporter. The latest export unit value is US$4.8523 per kg.
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Tung Oil Price History & Trend
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Production, Exports, Imports & HS Codes - tung oil in New Zealand
New Zealand exported 1,325 tonnes of tung oil in 2024, valued at US$7,479,059, ranking #48 among 108 global exporters and accounting for 0.1% of world exports. Export volumes increased by 23.4% year-on-year, and the country is a net exporter. The latest export unit value is US$4.8523 per kg.
Exports UN Comtrade · 2024
In 2024, New Zealand exported $7.5M (1.3 kt) of tung oil▲ 23.4% YoY. That ranks #48 worldwide (0.1% of global exports).
Export value by year (US$)
Export volume by year
Top tung oil exporters worldwide UN Comtrade · 2024
- #1 Indonesia $1.84B · 27.8%
- #2 Netherlands $686.5M · 10.4%
- #3 Belgium $567.1M · 8.6%
- #4 Malaysia $522M · 7.9%
- #5 Sweden $355.3M · 5.4%
Annual export data New Zealand · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $7.5M | 1.3 kt | $5.65 |
| 2023 | $6.1M | 1.3 kt | $4.74 |
| 2022 | $3M | 380.8 t | $7.96 |
| 2021 | $2.6M | 481.7 t | $5.39 |
| 2020 | $2.5M | 288.3 t | $8.57 |
HS Code
tung oil is traded under Harmonized System code 1517.90. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.