New Zealand

Compare New Zealand →

NZ · NZL · BACI 554 · latest data 2024

Exports

$45.3B USD, nominal · 2024

= $45,329 M9.3% over 5 yrs (up)

Imports

$46.9B USD, nominal · 2024

= $46,860 M10.6% over 5 yrs (up)

Trade balancedeficit

−$1.5B USD, nominal · 2024

= −$1,531 M

Total trade

$92.2B USD, nominal · 2024

= $92,189 M9.9% over 5 yrs (up)

World position: #61 of 225 exporters · top half · #58 of 225 importers · top half · 2024
World export share since 1995: −0.1 pp

Trade timeline

New Zealand's exports grew from $14.6B in 1995 to $45.3B in 2024; the 2024 balance was −$1.5B.

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Exports, imports, trade balance and total trade of New Zealand per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$14,634 M	$14,546 M	$89 M	$29,180 M
1996	$15,703 M	$15,223 M	$479 M	$30,926 M
1997	$15,595 M	$14,895 M	$700 M	$30,491 M
1998	$14,150 M	$11,830 M	$2,320 M	$25,980 M
1999	$14,362 M	$14,741 M	−$378 M	$29,103 M
2000	$15,430 M	$14,202 M	$1,227 M	$29,632 M
2001	$16,037 M	$13,594 M	$2,443 M	$29,630 M
2002	$16,431 M	$15,320 M	$1,111 M	$31,751 M
2003	$19,014 M	$19,042 M	−$28 M	$38,056 M
2004	$22,502 M	$23,545 M	−$1,043 M	$46,047 M
2005	$24,245 M	$26,466 M	−$2,221 M	$50,711 M
2006	$25,180 M	$26,649 M	−$1,469 M	$51,830 M
2007	$29,108 M	$31,105 M	−$1,997 M	$60,213 M
2008	$32,902 M	$34,809 M	−$1,907 M	$67,710 M
2009	$26,974 M	$25,602 M	$1,372 M	$52,576 M
2010	$32,718 M	$30,842 M	$1,876 M	$63,561 M
2011	$39,153 M	$37,074 M	$2,079 M	$76,227 M
2012	$39,034 M	$38,339 M	$696 M	$77,373 M
2013	$40,751 M	$39,740 M	$1,010 M	$80,491 M
2014	$43,983 M	$42,759 M	$1,224 M	$86,741 M
2015	$36,983 M	$36,616 M	$367 M	$73,599 M
2016	$35,730 M	$36,139 M	−$408 M	$71,869 M
2017	$39,968 M	$40,001 M	−$33 M	$79,970 M
2018	$42,162 M	$44,001 M	−$1,839 M	$86,163 M
2019	$41,491 M	$42,380 M	−$889 M	$83,871 M
2020	$40,181 M	$36,929 M	$3,252 M	$77,111 M
2021	$46,203 M	$49,611 M	−$3,409 M	$95,814 M
2022	$48,180 M	$54,607 M	−$6,426 M	$102,787 M
2023	$44,505 M	$50,237 M	−$5,733 M	$94,742 M
2024	$45,329 M	$46,860 M	−$1,531 M	$92,189 M

30 rows

World share & rank

World export share moved from 0.3% in 1995 to 0.2% in 2024; export rank #43 → #61.

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World export and import share in percent, and world ranks, of New Zealand per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.29%	0.29%	#43	#43
1996	0.29%	0.28%	#45	#44
1997	0.28%	0.27%	#45	#47
1998	0.25%	0.21%	#43	#50
1999	0.25%	0.26%	#44	#44
2000	0.24%	0.22%	#50	#49
2001	0.25%	0.22%	#49	#50
2002	0.25%	0.23%	#49	#48
2003	0.25%	0.25%	#51	#47
2004	0.24%	0.25%	#51	#47
2005	0.23%	0.25%	#54	#50
2006	0.21%	0.22%	#57	#53
2007	0.21%	0.22%	#58	#55
2008	0.20%	0.22%	#62	#59
2009	0.22%	0.21%	#59	#58
2010	0.22%	0.21%	#60	#59
2011	0.22%	0.21%	#60	#60
2012	0.22%	0.21%	#60	#60
2013	0.22%	0.22%	#59	#60
2014	0.24%	0.23%	#57	#56
2015	0.23%	0.23%	#58	#58
2016	0.23%	0.23%	#53	#56
2017	0.23%	0.23%	#55	#56
2018	0.22%	0.23%	#57	#56
2019	0.22%	0.23%	#56	#56
2020	0.23%	0.22%	#54	#57
2021	0.22%	0.23%	#56	#57
2022	0.20%	0.23%	#63	#58
2023	0.20%	0.22%	#60	#58
2024	0.20%	0.21%	#61	#58

30 rows

Trading partners

China was New Zealand's top trading partner in 2024, at 23.1% of total trade; the top five partners covered 57.3%.

Year

Top partner share: 23.1%
Top-5 share: 57.3%
Partners: 221
Partner HHI (0–1): 0.093

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China $11.4B

United States $5.7B

Australia $5.2B

Japan $2.5B

South Korea $1.6B

Indonesia $1.2B

United Kingdom $1.1B

Other Asia, nes $1.0B

Malaysia $966M

Thailand $863M

Singapore $794M

Germany $762M

Vietnam $566M

India $536M

France $491M

View partner table

Top partners of New Zealand in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	China	$11,420 M	$9,900 M	$21,320 M	$1,520 M
#2	United States	$5,690 M	$4,800 M	$10,490 M	$889 M
#3	Australia	$5,167 M	$5,178 M	$10,345 M	−$11 M
#4	South Korea	$1,571 M	$4,041 M	$5,613 M	−$2,470 M
#5	Japan	$2,511 M	$2,581 M	$5,092 M	−$69 M
#6	Singapore	$794 M	$2,507 M	$3,301 M	−$1,713 M
#7	Germany	$762 M	$1,932 M	$2,695 M	−$1,170 M
#8	Thailand	$863 M	$1,759 M	$2,622 M	−$896 M
#9	United Kingdom	$1,078 M	$1,371 M	$2,449 M	−$292 M
#10	Malaysia	$966 M	$1,324 M	$2,291 M	−$358 M
#11	Indonesia	$1,214 M	$912 M	$2,126 M	$302 M
#12	Other Asia, nes	$1,043 M	$577 M	$1,620 M	$466 M
#13	Vietnam	$566 M	$1,043 M	$1,609 M	−$477 M
#14	France	$491 M	$914 M	$1,405 M	−$422 M
#15	India	$536 M	$768 M	$1,304 M	−$232 M

15 rows

Products & sectors

Product composition of New Zealand's trade in 2024.

Year

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Concentration & risk

New Zealand's export partners concentrated over 1995–2024 — HHI 0.088 → 0.102, a moderately concentrated export base across 208 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of New Zealand per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.088	0.119	169	151
1996	0.082	0.127	176	152
1997	0.079	0.118	181	160
1998	0.077	0.108	184	153
1999	0.084	0.111	184	156
2000	0.084	0.103	195	166
2001	0.076	0.100	196	174
2002	0.082	0.101	205	182
2003	0.080	0.096	205	181
2004	0.081	0.094	204	190
2005	0.078	0.088	205	194
2006	0.073	0.087	209	206
2007	0.074	0.089	210	212
2008	0.075	0.075	212	208
2009	0.077	0.084	211	212
2010	0.080	0.087	210	207
2011	0.075	0.076	211	208
2012	0.079	0.075	215	205
2013	0.089	0.072	212	211
2014	0.087	0.074	215	215
2015	0.079	0.081	212	215
2016	0.082	0.085	212	218
2017	0.093	0.081	214	217
2018	0.099	0.079	214	216
2019	0.113	0.080	215	218
2020	0.115	0.089	208	217
2021	0.138	0.091	214	220
2022	0.120	0.090	210	219
2023	0.114	0.084	206	220
2024	0.102	0.088	208	219

30 rows

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