Indonesia (IDN) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

About

Indonesia-New Zealand Trade: In 2023, Indonesia exported $787M to New Zealand. The main products that Indonesia exported to New Zealand were Other Vegetable Residues ($200M), Tissue ($31.1M), and Railway Freight Cars ($29.4M). Over the past 5 years the exports of Indonesia to New Zealand have increased at an annualized rate of 4.06%, from $645M in 2018 to $787M in 2023.

In 2023, Indonesia did not export any services to New Zealand.

New Zealand-Indonesia Trade: In 2023, New Zealand exported $1.1B to Indonesia. The main products that New Zealand exported to Indonesia were Concentrated Milk ($472M), Butter ($88.8M), and Animal Meal and Pellets ($58.5M). Over the past 5 years the exports of New Zealand to Indonesia have increased at an annualized rate of 7.36%, from $768M in 2018 to $1.1B in 2023.

In 2018, New Zealand exported services to Indonesia worth $376M, with Travel ($346M), Other business services ($19.3M), and Government services, n.i.e. ($5.52M) being the largest in terms of value.

Comparison: In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Indonesia exported $787M to New Zealand. The main products exported from Indonesia to New Zealand were Other Vegetable Residues ($200M), Tissue ($31.1M), and Railway Freight Cars ($29.4M). During the last 5 years the exports of Indonesia to New Zealand have increased at an annualized rate of 4.06%, from $645M in 2018 to $787M in 2023.

In 2018, New Zealand exported $1.1B to Indonesia. The main products exported from New Zealand to Indonesia were Concentrated Milk ($472M), Butter ($88.8M), and Animal Meal and Pellets ($58.5M). During the last 5 years the exports of New Zealand to Indonesia have increased at an annualized rate of 7.36%, from $768M in 2023 to $1.1B in 2018.

Exports from Indonesia () to New Zealand () (2023)

Exports from New Zealand () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and New Zealand ()

Indonesia Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from Indonesia than New Zealand included China ($70.7B), India ($24B), and United States ($27.9B).

In 2023, countries that imported more from New Zealand than Indonesia included Australia ($5.2B), Fiji ($433M), and Algeria ($599M).

Difference in imports from New Zealand () and Indonesia () (2023)

Comparative Advantage Indonesia - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Indonesia had a large net trade with New Zealand in the exports of Foodstuffs ($294M), Machines ($82.5M), and Paper Goods ($61.5M).

During 2018, New Zealand had a large net trade with Indonesia in the exports of Animal Products ($702M), Foodstuffs ($82.2M), and Paper Goods ($74.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia New Zealand+$8.85MCoal Briquettes

Top Product Potential New Zealand Indonesia+$14.6MCrude 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

Nzl Year

In 2018, New Zealand exported services to Indonesia worth $376M, with Travel ($346M), Other business services ($19.3M), and Government services, n.i.e. ($5.52M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Indonesia and New Zealand. This means that a dot/product with the flag of Indonesia 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 Indonesia.

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to New Zealand () (2023)

Exports from New Zealand () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and New Zealand ()

Indonesia Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Indonesia () (2023)

Comparative Advantage Indonesia - New Zealand

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Indonesia () and New Zealand () (2023)

Keep Exploring