New Zealand (NZL)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
New Zealand - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | China (CHN) | 25.1% $10.74B | 21.4% $10.19B | 23.2% $20.93B |
| 2 | Australia (AUS) | 12.5% $5.35B | 11.0% $5.24B | 11.7% $10.59B |
| 3 | USA (USA) | 12.7% $5.43B | 10.3% $4.91B | 11.4% $10.35B |
| 4 | Rep. of Korea (KOR) | 3.0% $1.29B | 8.7% $4.14B | 6.0% $5.43B |
| 5 | Japan (JPN) | 5.4% $2.32B | 5.6% $2.68B | 5.5% $5.00B |
| 6 | Singapore (SGP) | 2.5% $1.06B | 5.0% $2.36B | 3.8% $3.42B |
| 7 | Thailand (THA) | 1.8% $766.38M | 3.7% $1.78B | 2.8% $2.54B |
| 8 | United Kingdom (GBR) | 2.4% $1.04B | 2.9% $1.40B | 2.7% $2.44B |
| 9 | Germany (DEU) | 1.1% $480.76M | 4.0% $1.93B | 2.7% $2.41B |
| 10 | Malaysia (MYS) | 2.1% $898.03M | 2.9% $1.37B | 2.5% $2.27B |
- New Zealand's total trade in 2024 reached $90.4B, with a trade balance of -$4.7B.
- The country ranked 54th globally in total trade, 53rd in exports, and 52nd in imports.
- Top export partners were China ($10.7B), the United States ($5.4B), and Australia ($5.3B).
- China was also the top import partner, accounting for $10.2B (21.4%) of total imports.
- Dairy produce (HS2 04) was the leading export category at $12.4B, representing 29.0% of all exports.
- Machinery and mechanical appliances (HS2 84) were the largest import category, valued at $6.6B.
New Zealand's International Trade Performance
In 2024, New Zealand's total international trade amounted to $90.4B. Exports were valued at $42.8B and imports at $47.6B, resulting in a trade deficit of -$4.7B. The country's primary export destination was China, receiving 25.1% of exports, valued at $10.7B. Other major export partners included the United States and Australia. On the import side, China was the largest source, providing $10.2B of goods, followed by Australia with $5.2B.
Top Traded Product Categories
New Zealand's export profile is dominated by agricultural goods. The top export category in 2024 was Dairy produce (HS2 04), with shipments totaling $12.4B, or 29.0% of the country's total exports. This was followed by Meat and edible meat offal (HS2 02) at $5.2B. For imports, the leading category was Machinery and mechanical appliances (HS2 84), with a total import value of $6.6B. The second largest import category was Mineral fuels and oils (HS2 27), valued at $6.3B.
Exports
New Zealand - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
New Zealand - export composition by product categories (Exports), 2024 (USD)
New Zealand - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
New Zealand - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.