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ExportsNew Zealand-Australia Trade: In 2023, New Zealand exported $5.2B to Australia. The main products that New Zealand exported to Australia were Gold ($466M), Cheese ($236M), and Other Edible Preparations ($233M). Over the past 5 years the exports of New Zealand to Australia have decreased at an annualized rate of 3.13%, from $6.09B in 2018 to $5.2B in 2023.
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.
Australia-New Zealand Trade: In 2023, Australia exported $5.46B to New Zealand. The main products that Australia exported to New Zealand were Wheat ($242M), Aluminium Oxide ($233M), and Packaged Medicaments ($210M). Over the past 5 years the exports of Australia to New Zealand have increased at an annualized rate of 1.11%, from $4.99B in 2018 to $5.46B in 2023.
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.
Comparison: In 2023, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).
