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).