Flag Australia / New Zealand Flag

2020
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Exports
: $5.58B, Rnk 9 / 211

2020
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Top Product
: $189M, Broadcasting Equipment

2020
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Exports
: $5.17B, Rnk 2 / 207

2020
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Top Product
: $322M, Gold

2020
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Economic Complexity (ECI)
: ECI -0.31, Rnk 74 / 127

2020
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Economic Complexity (ECI)
: ECI 0.45, Rnk 46 / 127

2020
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GDP
: $1.33T, CURRENT US$
Rnk 13 / 204

2010-2020
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GDP GROWTH
: 15.7%, CURRENT US$
Rnk 130 / 204

2020
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 GDP
: $212B, CURRENT US$
Rnk 49 / 204

2010-2020
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GDP GROWTH
: 44.5%, CURRENT US$
Rnk 65 / 204

2020
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GDP PC 
: $51,680, CURRENT US$
Rnk 16 / 204

2010-2020
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GDP PC GROWTH
: -0.78%, CURRENT US$
Rnk 144 / 204

2020
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GDP PC
: $41,597, CURRENT US$
Rnk 26 / 204

2010-2020
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GDP PC GROWTH
: 23.5%, CURRENT US$
Rnk 82 / 204

Australia-New Zealand In 2020, Australia exported $5.58B to New Zealand. The main products that Australia exported to New Zealand are Broadcasting Equipment ($189M), Packaged Medicaments ($166M), and Computers ($145M). During the last 25 years the exports of Australia to New Zealand have increased at an annualized rate of 1.57%, from $3.78B in 1995 to $5.58B in 2020.

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 2020, New Zealand exported $5.17B to Australia. The main products that New Zealand exported to Australia were Gold ($322M), Wine ($257M), and Other Edible Preparations ($254M). During the last 25 years the exports of New Zealand to Australia have increased at an annualized rate of 2.49%, from $2.8B in 1995 to $5.17B in 2020.

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 2020,  Australia ranked 74 in the Economic Complexity Index (ECI -0.31), and 22 in total exports ($250B). That same year, New Zealand ranked 46 in the Economic Complexity Index (ECI 0.45), and 54 in total exports ($39.6B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Australia exported $5.58B to New Zealand. The main products exported from Australia to New Zealand were Broadcasting Equipment ($189M), Packaged Medicaments ($166M), and Computers ($145M). During the last 25 years the exports of Australia to New Zealand have increased at an annualized rate of 1.57%, from $3.78B in 1995 to $5.58B in 2020.

In 2020, New Zealand exported $5.17B to Australia. The main products exported from New Zealand to Australia were Gold ($322M), Wine ($257M), and Other Edible Preparations ($254M). During the last 25 years the exports of New Zealand to Australia have increased at an annualized rate of 2.49%, from $2.8B in 1995 to $5.17B in 2020.

Market Competitiveness

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Measure

Australia
Top Destination
: China, $102B

New Zealand
Top Destination
: China, $10.9B

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 2019, countries that imported more from Australia than New Zealand were China ($102B), Japan ($31.8B), and South Korea ($17.2B).

In 2019, countries that imported more from New Zealand than Australia were Algeria ($262M), Sri Lanka ($291M), and Nigeria ($133M).

Comparative Advantage Australia - New Zealand

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Flow
Scale

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

During 2020, Australia had a large net trade with New Zealand in the exports of Machines ($1.09B), Foodstuffs ($900M), and Chemical Products ($889M).

During 2020, New Zealand had a large net trade with Australia in the exports of Foodstuffs ($1.49B), Animal Products ($776M), and Machines ($506M).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Australia has comparative advantage over New Zealand. Similarly, the more yellow a dot/product is, the more New Zealand has comparative advantage over Australia.