Australia (AUS) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Australia-New Zealand Trade: In 2022, Australia exported $7.3B to New Zealand. The main products that Australia exported to New Zealand were Aluminium Oxide ($258M), Wheat ($221M), and Broadcasting Equipment ($216M). Over the past 5 years the exports of Australia to New Zealand have increased at an annualized rate of 4.34%, from $5.9B in 2017 to $7.3B in 2022.

In 2009, Australia exported services to New Zealand worth $2.37B, with Travel ($1.42B), Transportation ($349M), and Other business services ($306M) being the largest in terms of value.

New Zealand-Australia In N/A, New Zealand did not export any products to Australia.

In 2018, New Zealand exported services to Australia worth $12.9B, with Travel ($7.12B), Other business services ($2.49B), and Transportation ($2.31B) being the largest in terms of value.

Comparison: In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $7.3B to New Zealand. The main products exported from Australia to New Zealand were Aluminium Oxide ($258M), Wheat ($221M), and Broadcasting Equipment ($216M). During the last 5 years the exports of Australia to New Zealand have increased at an annualized rate of 4.34%, from $5.9B in 2017 to $7.3B in 2022.

New Zealand does not register exports to Australia. The main products exported from New Zealand to Australia were Gold ($379M), Wine ($273M), and Other Edible Preparations ($220M).

Exports from Australia () to New Zealand () (2022)

Exports from New Zealand () to Australia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

New Zealand
Top DestinationChina$13.1B

This map shows whether countries import more from Australia or New Zealand. Each country is colored based on the difference in imports they receive from Australia and New Zealand or the difference in the growth in imports.

In 2022, countries that imported more from Australia than New Zealand included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from New Zealand than Australia included Algeria ($517M), Nigeria ($176M), and Cook Islands ($85.2M).

Difference in imports from New Zealand () and Australia () (2022)

Comparative Advantage Australia - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Australia and New Zealand by product, considering products traded by both, Australia and New Zealand.

During 2022, Australia had a large net trade with New Zealand in the exports of Machines ($1.31B), Chemical Products ($1.22B), and Foodstuffs ($1.03B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia New Zealand+$14.8MCoal Briquettes

Top Product Potential New Zealand Australia+N/AN/A

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

Nzl Year

Aus Year

In 2009, Australia exported services to New Zealand worth $2.37B, with Travel ($1.42B), Transportation ($349M), and Other business services ($306M) being the largest in terms of value.

In 2018, New Zealand exported services to Australia worth $12.9B, with Travel ($7.12B), Other business services ($2.49B), and Transportation ($2.31B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Australia () to New Zealand () (2009)

Services Exports from New Zealand () to Australia () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Australia and New Zealand. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Australia.

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to New Zealand () (2022)

Exports from New Zealand () to Australia () (2022)

Market Competitiveness

Difference in imports from New Zealand () and Australia () (2022)

Comparative Advantage Australia - New Zealand

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Australia () to New Zealand () (2009)

Services Exports from New Zealand () to Australia () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Australia () and New Zealand () (2022)

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