New Zealand’s highest valued import from a single commerce
associate for the 12 months ended September 2019 was crude oil from
the United Arab Emirates (UAE), valued at $2.7 billion,
Stats NZ mentioned at present.
The UAE was our largest supply of
crude oil imports, adopted by Malaysia (valued at $632
million). Within the final 15 years, the worth of crude oil
imports from UAE has ranged from $164 million within the
September 2012 12 months to $2.7 billion in 2019.
crude oil is processed on the Marsden Level Refinery into
fuels, bitumen for roading, and different merchandise.
60 p.c of imported crude is refined into petrol and
diesel. We use this to energy our autos together with
immediately imported fuels. In a single 12 months, we eat about 1,200
litres of petrol and diesel per individual,” worldwide
statistics supervisor Peter Dolan mentioned.
“Crude oil and
autos are amongst our prime imports.”
imported $7.2 billion value of autos, together with greater than