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$4.23TCURRENT US$
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-32.5%CURRENT US$
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$247BCURRENT US$
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40.3%CURRENT US$
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-31.2%CURRENT US$
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About

Japan-New Zealand Trade: In 2022, Japan exported $2.64B to New Zealand. The main products that Japan exported to New Zealand were Cars ($1.47B), Refined Petroleum ($383M), and Delivery Trucks ($278M). Over the past 5 years the exports of Japan to New Zealand have increased at an annualized rate of 8.39%, from $1.77B in 2017 to $2.64B in 2022.

In 2009, Japan exported services to New Zealand worth $529M, with Services not allocated ($262M), Other business services ($106M), and Transportation ($68.9M) being the largest in terms of value.

New Zealand-Japan Trade: In 2022, New Zealand exported $2.31B to Japan. The main products that New Zealand exported to Japan were Raw Aluminium ($482M), Other Fruits ($342M), and Cheese ($298M). Over the past 5 years the exports of New Zealand to Japan have decreased at an annualized rate of 0.12%,  from $2.32B in 2017 to $2.31B in 2022.

In 2018, New Zealand exported services to Japan worth $2.47B, with Travel ($1.72B), Transportation ($548M), and Other business services ($162M) being the largest in terms of value.

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). 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, Japan exported $2.64B to New Zealand. The main products exported from Japan to New Zealand were Cars ($1.47B), Refined Petroleum ($383M), and Delivery Trucks ($278M). During the last 5 years the exports of Japan to New Zealand have increased at an annualized rate of 8.39%, from $1.77B in 2017 to $2.64B in 2022.

In 2017, New Zealand exported $2.31B to Japan. The main products exported from New Zealand to Japan were Raw Aluminium ($482M), Other Fruits ($342M), and Cheese ($298M). During the last 22 years the exports of New Zealand to Japan have decreased at an annualized rate of 0.12%, from $2.32B in 1995 to $2.31B in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Japan than New Zealand included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from New Zealand than Japan included Algeria ($517M), Fiji ($380M), and French Polynesia ($127M).

Difference in imports from New Zealand (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - New Zealand

Flow
Scale

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

During 2022, Japan had a large net trade with New Zealand in the exports of Transportation ($1.85B), Machines ($496M), and Mineral Products ($418M).

During 2017, New Zealand had a large net trade with Japan in the exports of Animal Products ($846M), Metals ($510M), and Vegetable Products ($439M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan New Zealand+$22.1MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential New Zealand Japan+$22.7MCoal Briquettes

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, Japan exported services to New Zealand worth $529M, with Services not allocated ($262M), Other business services ($106M), and Transportation ($68.9M) being the largest in terms of value.

In 2018, New Zealand exported services to Japan worth $2.47B, with Travel ($1.72B), Transportation ($548M), and Other business services ($162M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Japan (Flag) to New Zealand (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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