Sign In
Pricing

2022
Flag → Flag
Exports $11BRnk 49 / 211
2022
Flag → Flag
Top Product $542MBroadcasting Equipment
2022
Flag → Flag
Exports $13.1BRnk 1 / 210
2022
Flag → Flag
Top Product $2.23BConcentrated Milk
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%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).

Latest Trends

August, 2024

About

Overview In August 2024, China exported $698M and imported $975M from New Zealand, resulting in a negative trade balance of $278M. Between August 2023 and August 2024 the exports of China have decreased by $-43.5M (-5.87%) from $741M to $698M, while imports increased by $18.3M (1.91%) from $957M to $975M.

Trade In August 2024, the top exports of China to New Zealand were Knit Sweaters ($20.2M), Other Furniture ($19.2M), Light Fixtures ($15.6M), Telephones ($14.3M), and Computers ($13.2M). In August 2024 the top imports of China from New Zealand were Concentrated Milk ($238M), Malt Extract ($174M), Rough Wood ($165M), Frozen Bovine Meat ($92.6M), and Sheep and Goat Meat ($87.8M).

Origins In August 2024 the exports of China were mainly from Guangdong Province ($163M), Zhejiang Province ($118M), Jiangsu Province ($99M), Shanghai Province ($67.6M), and Shandong Province ($63.6M), while imports destinations were mainly Shanghai Province ($199M), Guangdong Province ($155M), Fujian Province ($129M), Zhejiang Province ($111M), and Jiangsu Province ($110M).

Growth In August 2024, the decrease in China's year-by-year exports to New Zealand was explained primarily by an decrease in product exports in Mixed Mineral or Chemical Fertilizers ($-21.7M or -99.7%), Cars ($-20.3M or -88.7%), and Computers ($-12.1M or -47.8%). In August 2024, the increase in China's year-by-year imports  from New Zealand was explained primarily by an increase in product imports  in Malt Extract ($65.5M or 60.5%), Cheese ($18.3M or 58.1%), and Other Edible Preparations ($9.12M or 161%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-43.5M(-5.87%)
IMPORT GROWTH (August 2023 - August 2024)$18.3M(1.91%)
MAIN EXPORTER (August 2024)Guangdong Province$163M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check New Zealand and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore New Zealand and China Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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 DestinationUnited States$551B
New Zealand
Top DestinationChina$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)

Keep Exploring

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