Flag United States / New Zealand Flag

Exports Flag β†’ Flag  (2018): $3.61B, Rnk 51 / 215

Top Product Flag β†’ Flag (2018): $326M, Planes, Helicopters, and/or Spacecraft

Exports Flag β†’ Flag (2018): $3.82B, Rnk 3 / 206

Top Product Flag β†’ Flag (2018): $821M, Frozen Bovine Meat

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI 0.46, Rnk 49 / 137

United States-New Zealand: In 2018, United States exported $3.61B to New Zealand. The main products exported from United States to New Zealand were Planes, Helicopters, and/or Spacecraft ($326M), Cars ($288M), and Gas Turbines ($254M). During the last 23 years the exports of United States to New Zealand have increased at an annualized rate of 1.61%, from $2.5B in 1995 to $3.61B in 2018. In 2011, United States exported services to New Zealand worth $1.29B, with Travel ($708M), Royalties and license fees ($337M), and Transportation ($126M) being the largest in terms of value.

New Zealand-United States: In 2018, New Zealand exported $3.82B to United States. The main products exported from New Zealand to United States were Frozen Bovine Meat ($821M), Wine ($381M), and Sheep and Goat Meat ($298M). During the last 23 years the exports of New Zealand to United States have increased at an annualized rate of 4.18%, from $1.49B in 1995 to $3.82B in 2018. 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.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, New Zealand ranked 49 in the Economic Complexity Index (ECI 0.46), and 58 in total exports ($40.1B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, United States exported $3.61B to New Zealand. The main products exported from United States to New Zealand were Planes, Helicopters, and/or Spacecraft ($326M), Cars ($288M), and Gas Turbines ($254M). During the last 23 years the exports of United States to New Zealand have increased at an annualized rate of 1.61%, from $2.5B in 1995 to $3.61B in 2018.

In 2018, New Zealand exported $3.82B to United States. The main products exported from New Zealand to United States were Frozen Bovine Meat ($821M), Wine ($381M), and Sheep and Goat Meat ($298M). During the last 23 years the exports of New Zealand to United States have increased at an annualized rate of 4.18%, from $1.49B in 1995 to $3.82B in 2018.

Market Competitiveness

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Measure

United States
Top Destination
: Mexico, $237B

New Zealand
Top Destination
: China, $9.75B

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

In 2018, countries that imported more from United States than New Zealand were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from New Zealand than United States were Fiji ($371M), Samoa ($89.1M), and Cook Islands ($53.5M).

Comparative Advantage United States - New Zealand

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Depth

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

During 2018, United States had a large net trade with New Zealand in the exports of Machines ($1.01B), Transportation ($923M), and Chemical Products ($404M).

During 2018, New Zealand had a large net trade with United States in the exports of Animal Products ($1.71B), Foodstuffs ($609M), and Machines ($442M).

Tariff Section

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This sections shows import tariffs for products traded between United States and New Zealand (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter New Zealand were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2017, the products from New Zealand that paid the highest import tariffs to enter United States were Worn clothing and other worn articles (134%) and Articles of apparel of leather or composition leather (10%).

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*The tariffs present between United States and New Zealand are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between United States and New Zealand. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Bilateral Service Trade

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In 2011, United States exported services to New Zealand worth $1.29B, with Travel ($708M), Royalties and license fees ($337M), and Transportation ($126M) being the largest in terms of value.

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.

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 red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over New Zealand. Similarly, the more red a dot/product is, the more New Zealand has comparative advantage over United States.