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$247BCURRENT US$
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40.3%CURRENT US$
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$25.5TCURRENT US$
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56.7%CURRENT US$
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$48,249CURRENT US$
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20.7%CURRENT US$
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About

New Zealand-United States Trade: In 2022, New Zealand exported $5.07B to United States. The main products that New Zealand exported to United States were Frozen Bovine Meat ($735M), Wine ($533M), and Sheep and Goat Meat ($385M). Over the past 5 years the exports of New Zealand to United States have increased at an annualized rate of 5.67%, from $3.85B in 2017 to $5.07B in 2022.

In 2018, New Zealand exported services to United States worth $7.69B, with Travel ($3.67B), Transportation ($1.79B), and Other business services ($1.06B) being the largest in terms of value.

United States-New Zealand Trade: In 2022, United States exported $3.96B to New Zealand. The main products that United States exported to New Zealand were Gas Turbines ($319M), Planes, Helicopters, and/or Spacecraft ($216M), and Cars ($204M). Over the past 5 years the exports of United States to New Zealand have increased at an annualized rate of 1.66%,  from $3.64B in 2017 to $3.96B in 2022.

In 2017, United States exported services to New Zealand worth $3.29B, with Travel ($1.26B), Financial services ($640M), and Transportation ($399M) being the largest in terms of value.

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $5.07B to United States. The main products exported from New Zealand to United States were Frozen Bovine Meat ($735M), Wine ($533M), and Sheep and Goat Meat ($385M). During the last 5 years the exports of New Zealand to United States have increased at an annualized rate of 5.67%, from $3.85B in 2017 to $5.07B in 2022.

In 2017, United States exported $3.96B to New Zealand. The main products exported from United States to New Zealand were Gas Turbines ($319M), Planes, Helicopters, and/or Spacecraft ($216M), and Cars ($204M). During the last 5 years the exports of United States to New Zealand have increased at an annualized rate of 1.66%, from $3.64B in 2022 to $3.96B in 2017.

Exports from New Zealand (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and United States (Flag)

New Zealand Exports

United States Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
United States
Top Destination
Canada$308B

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

In 2022, countries that imported more from New Zealand than United States included Fiji ($380M), Cook Islands ($85.2M), and Tonga ($53.5M).

In 2022, countries that imported more from United States than New Zealand included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - United States

Flow
Scale

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

During 2022, New Zealand had a large net trade with United States in the exports of Animal Products ($1.91B), Foodstuffs ($844M), and Machines ($585M).

During 2017, United States had a large net trade with New Zealand in the exports of Machines ($1.18B), Transportation ($657M), and Chemical Products ($460M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand United States+$53.5MCrude Petroleum
Top Product Potential United States New Zealand+$95.8MCars

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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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of New Zealand and United States. This means that a dot/product with the flag of New Zealand indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over New Zealand.

Product Space of New Zealand (Flag) and United States (Flag) (2022)

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