New Zealand

ECON COMPLEXITY (2018)

0.46

RANK 49 OF 137

PRODUCT EXPORTS (2018)

$40.1B

RANK 58 OF 222

EXPORTS PER CAPITA (2018)

$8.28K

RANK 131 OF 219

PRODUCT IMPORTS (2018)

$40.9B

RANK 58 OF 221

IMPORTS PER CAPITA (2018)

$8.45K

RANK 163 of 219

SERVICE EXPORTS (2018)

$16.6B

RANK 18 OF 88

SERVICE IMPORTS (2018)

$13.2B

RANK 20 OF 88

GDP (2018)

$205B

CURRENT US$
RANK 51 OF 196

GDP GROWTH (2008-2018)

53.8%

CURRENT US$
RANK 77 OF 196

GDP PC (2018)

$41,945

CURRENT US$
RANK 24 OF 196

GDP PC GROWTH (2008-2018)

34.1%

Overview: This page contains the latest international trade data for New Zealand, including service trade data, and tariffs. In 2018 New Zealand was the number 51 economy in the world in terms of GDP (current US$), the number 58 in total exports, the number 58 in total imports, and the number 49 most complex economy according to the Economic Complexity Index (ECI). In 2018, New Zealand exported $40.1B and imported $40.9B, resulting in a negative trade balance of -$817M. In 2018, New Zealand’s exports per capita were $8.28k and its imports per capita were $8.45k.

Trade: The top exports of New Zealand are Concentrated Milk($5.08B), Sheep and Goat Meat ($2.68B), Butter ($2.59B), Rough Wood ($2.49B), and Frozen Bovine Meat ($1.89B). The top imports of New Zealand are Cars ($3.28B), Crude Petroleum ($2.47B), Refined Petroleum ($2.15B), Delivery Trucks ($1.34B), and Broadcasting Equipment ($954M).

Destinations: New Zealand exports mostly to China ($9.75B), Australia ($6.17B), United States ($3.82B), Japan ($2.43B), and South Korea ($1.25B), and imports mostly from China ($7.42B), Australia ($5.75B), United States ($3.61B), Japan ($2.7B), and Singapore ($1.95B).

Location: New Zealand borders Australia, Fiji, Tonga, and Norfolk Island by sea

Exports

In 2018 New Zealand exported a total of $40.1B, making it the number 58 exporter in the world. During the last five reported years the exports of New Zealand have changed by -$39.6M from $40.1B in 2013 to $40.1B in 2018.

The most recent exports are led by Concentrated Milk ($5.08B), Sheep and Goat Meat ($2.68B), Butter ($2.59B), Rough Wood ($2.49B), and Frozen Bovine Meat ($1.89B).

Imports

In 2018 New Zealand imported $40.9B, making it the number 58 trade destination in the world. During the last five reported years the imports of New Zealand changed by $1.97B from $38.9B in 2013 to $40.9B in 2018.

The most recent imports of New Zealand are led by Cars ($3.28B), Crude Petroleum ($2.47B), Refined Petroleum ($2.15B), Delivery Trucks ($1.34B), and Broadcasting Equipment ($954M).

Trade Balance

As of 2018 New Zealand had a positive trade balance of $988M in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $1.56B in net exports.

Destinations

The most common destination for the exports of New Zealand are China ($9.75B), Australia ($6.17B), United States ($3.82B), Japan ($2.43B), and South Korea ($1.25B).

Origins

The most common import partners for New Zealand are China ($7.42B), Australia ($5.75B), United States ($3.61B), Japan ($2.7B), and Singapore ($1.95B).