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Surge in used imports

Passenger vehicles and light commercials on the up, while new sector slides.
Posted on 03 June, 2022
Surge in used imports

There were 12,047 used passenger vehicles imported last month, which was 50.2 per cent higher than April when only 8,018 units crossed our borders 

The May total was also an increase of 9.2 per cent from the 11,016 units in the same month of 2021.

Japan remains the main supplier of used-car imports with 11,702 units coming in during May for a market share of 97.1 per cent, according to the figures from Customs NZ. 

This was a 13.5 per cent increase compared to 10,314 in the same month of last year.

In addition, 180 used cars were imported from Australia last month and 60 arrived from the US. The totals for the UK and Singapore 55 and 33 respectively.

So far this year, 42,406 used cars have been imported – down 12,130, or 22.2 per cent, on 54,536 over the same period of 2021.

As for used light commercials, there were 315 imports in May – a 12.9 per cent increase from just 279 units a year ago. 

Last month’s figure was only five units more than the 310 seen in April 2022.

It took the year-to-date total to 1,618, which is 170 units, or 11.7 per cent, more than at the same stage of 2021 when it stood at 1,448.

New imports drop

There were 8,890 new passenger vehicles imported last month, which was 11 per cent lower than May 2021 when 9,988 new cars crossed our borders.

It was also only 19 units more than the total from April this year when it reached 8,871 units.

Japan was the main country of export with 3,113 units followed by Korea with 1,646. Next up was China on 1,317, Germany with 579, Belgium on 459, the UK with 401 and Thailand on 345.

The year-to-date total stands at 43,167 and is 3,522 units, or 7.5 per cent, lower than at the same stage of 2021.

For new light commercials, there were 1,136 units imported in May, a decrease of 54 per cent from April’s 2,472. The figure was also 1,200 units, or 51.4 per cent, lower than the 2,336 in May 2021.

In the first five months of the year there have been 11,708 units come into the country, 2,985 fewer than at the same stage a year ago.

Overall, 22,873 vehicles, including trucks and buses, crossed our border in May, which was up from 20,237 the previous month.