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2022
Flag → Flag
Exports $7.3BRnk 11 / 213
2022
Flag → Flag
Top Product $258MAluminium Oxide
2022
Flag → Flag
Exports $5.35BRnk 2 / 210
2022
Flag → Flag
Top Product $379MGold
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
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Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag  
GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
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 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
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GDP PC $64,491CURRENT US$
Rnk 11 / 186
2012-2022
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GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

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 Trade: In 2022, New Zealand exported $5.35B to Australia. The main products that New Zealand exported to Australia were Gold ($379M), Wine ($273M), and Other Edible Preparations ($220M). Over the past 5 years the exports of New Zealand to Australia have decreased at an annualized rate of 2.92%,  from $6.2B in 2017 to $5.35B in 2022.

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
Value

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.

In 2017, New Zealand exported $5.35B to Australia. The main products exported from New Zealand to Australia were Gold ($379M), Wine ($273M), and Other Edible Preparations ($220M). During the last 5 years the exports of New Zealand to Australia have decreased at an annualized rate of 2.92%, from $6.2B in 2022 to $5.35B in 2017.

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

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

Latest Data

Trade between Australia (Flag) and New Zealand (Flag)

Australia Exports

New Zealand Exports

Market Competitiveness

Color
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 (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - New Zealand

Flow
Scale

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).

During 2017, New Zealand had a large net trade with Australia in the exports of Foodstuffs ($1.32B), Animal Products ($845M), and Machines ($617M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia New Zealand+$14.8MCoal Briquettes
Top Product Potential New Zealand Australia+$10.9MRefined Petroleum

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

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 (Flag) to New Zealand (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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.

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

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