Flag China / New Zealand Flag

2021
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Exports
: $10.2B, Rnk 48 / 209

2021
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Top Product
: $494M, Broadcasting Equipment

2021
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Exports
: $22.5B, Rnk 1 / 213

2021
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Top Product
: $5.35B, Concentrated Milk

2021
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Economic Complexity (ECI)
: ECI 1.07, Rnk 25 / 131

2021
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Economic Complexity (ECI)
: ECI 0.46, Rnk 46 / 131

2021
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GDP
: $17.7T, CURRENT US$
Rnk 2 / 182

2011-2021
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GDP GROWTH
: 135%, CURRENT US$
Rnk 6 / 182

2021
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 GDP
: $250B, CURRENT US$
Rnk 46 / 182

2011-2021
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GDP GROWTH
: 48.5%, CURRENT US$
Rnk 52 / 182

2021
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GDP PC 
: $12,556, CURRENT US$
Rnk 58 / 182

2011-2021
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GDP PC GROWTH
: 124%, CURRENT US$
Rnk 4 / 182

2021
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GDP PC
: $48,802, CURRENT US$
Rnk 21 / 182

2011-2021
Flag
GDP PC GROWTH
: 27.1%, CURRENT US$
Rnk 62 / 182

China-New Zealand In 2021, China exported $10.2B to New Zealand. The main products that China exported to New Zealand are Broadcasting Equipment ($494M), Computers ($364M), and Other Furniture ($277M). During the last 26 years the exports of China to New Zealand have increased at an annualized rate of 12.9%, from $438M in 1995 to $10.2B in 2021.

In 2021, China did not export any services to New Zealand.

New Zealand-China In 2021, New Zealand exported $22.5B to China. The main products that New Zealand exported to China were Concentrated Milk ($5.35B), Rough Wood ($3.74B), and Sheep and Goat Meat ($2.17B). During the last 26 years the exports of New Zealand to China have increased at an annualized rate of 16.6%, from $416M in 1995 to $22.5B in 2021.

In 2018, New Zealand exported services to China worth $8.99B, with Travel ($8.04B), Transportation ($608M), and Other business services ($137M) being the largest in terms of value.

Comparison In 2021,  China ranked 25 in the Economic Complexity Index (ECI 1.07), and 1 in total exports ($3.34T). That same year, New Zealand ranked 46 in the Economic Complexity Index (ECI 0.46), and 49 in total exports ($68.4B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, China exported $10.2B to New Zealand. The main products exported from China to New Zealand were Broadcasting Equipment ($494M), Computers ($364M), and Other Furniture ($277M). During the last 26 years the exports of China to New Zealand have increased at an annualized rate of 12.9%, from $438M in 1995 to $10.2B in 2021.

In 2021, New Zealand exported $22.5B to China. The main products exported from New Zealand to China were Concentrated Milk ($5.35B), Rough Wood ($3.74B), and Sheep and Goat Meat ($2.17B). During the last 26 years the exports of New Zealand to China have increased at an annualized rate of 16.6%, from $416M in 1995 to $22.5B in 2021.

Market Competitiveness

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Color

China
Top Destination
: United States, $530B

New Zealand
Top Destination
: China, $22.5B

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

In 2021, countries that imported more from China than New Zealand were United States ($530B), Hong Kong ($323B), and Japan ($168B).

In 2021, countries that imported more from New Zealand than China were Cook Islands ($123M), French Polynesia ($205M), and Fiji ($444M).

Comparative Advantage China - New Zealand

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Flow
Scale

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

During 2021, China had a large net trade with New Zealand in the exports of Machines ($3.16B), Miscellaneous ($1.2B), and Textiles ($1.16B).

During 2021, New Zealand had a large net trade with China in the exports of Animal Products ($13.7B), Wood Products ($3.85B), and Foodstuffs ($1.65B).

Bilateral Service Trade

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In 2018, New Zealand exported services to China worth $8.99B, with Travel ($8.04B), Transportation ($608M), and Other business services ($137M) 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 China has comparative advantage over New Zealand. Similarly, the more yellow a dot/product is, the more New Zealand has comparative advantage over China.