2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

China-New Zealand Trade: In 2022, China exported $11B to New Zealand. The main products that China exported to New Zealand were Broadcasting Equipment ($542M), Cars ($525M), and Computers ($326M). Over the past 5 years the exports of China to New Zealand have increased at an annualized rate of 11.5%, from $6.42B in 2017 to $11B in 2022.

In 2022, China did not export any services to New Zealand.

New Zealand-China Trade: In 2022, New Zealand exported $13.1B to China. The main products that New Zealand exported to China were Concentrated Milk ($2.23B), Rough Wood ($2.01B), and Frozen Bovine Meat ($1.26B). Over the past 5 years the exports of New Zealand to China have increased at an annualized rate of 8.28%,  from $8.77B in 2017 to $13.1B in 2022.

In 2018, New Zealand exported services to China worth $8.99B, with Travel ($8.04B), Transportation ($608M), and Other business services ($137M) being the largest in terms of value.

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $11B to New Zealand. The main products exported from China to New Zealand were Broadcasting Equipment ($542M), Cars ($525M), and Computers ($326M). During the last 5 years the exports of China to New Zealand have increased at an annualized rate of 11.5%, from $6.42B in 2017 to $11B in 2022.

In 2017, New Zealand exported $13.1B to China. The main products exported from New Zealand to China were Concentrated Milk ($2.23B), Rough Wood ($2.01B), and Frozen Bovine Meat ($1.26B). During the last 5 years the exports of New Zealand to China have increased at an annualized rate of 8.28%, from $8.77B in 2022 to $13.1B in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from China than New Zealand included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from New Zealand than China included Cook Islands ($85.2M), American Samoa ($18.6M), and Niue ($12.6M).

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

Comparative Advantage China - New Zealand

Flow
Scale

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

During 2022, China had a large net trade with New Zealand in the exports of Machines ($3.32B), Metals ($1.15B), and Textiles ($1.15B).

During 2017, New Zealand had a large net trade with China in the exports of Animal Products ($7.58B), Wood Products ($2.06B), and Foodstuffs ($1.11B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China New Zealand+$138MTelephones
Top Product Potential New Zealand China+$89.9MCrude 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

In 2018, New Zealand exported services to China worth $8.99B, with Travel ($8.04B), Transportation ($608M), and Other business services ($137M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with