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2023
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Exports $1.3BRnk 43 / 223
2023
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Top Product $201MCars
2023
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Exports $968MRnk 8 / 206
2023
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Top Product $332MWine
2023
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Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
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Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
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GDP$3.38TCURRENT US$
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2013-2023
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GDP GROWTH21.4%CURRENT US$
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2023
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 GDP$252BCURRENT US$
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2013-2023
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GDP GROWTH32.1%CURRENT US$
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2023
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GDP PC $49,464CURRENT US$
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2013-2023
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GDP PC GROWTH13.9%CURRENT US$
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2023
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GDP PC$48,281CURRENT US$
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GDP PC GROWTH12.3%CURRENT US$
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About

United Kingdom-New Zealand Trade: In 2023, United Kingdom exported $1.3B to New Zealand. The main products that United Kingdom exported to New Zealand were Cars ($201M), Gas Turbines ($196M), and Packaged Medicaments ($101M). Over the past 5 years the exports of United Kingdom to New Zealand have decreased at an annualized rate of 0.037%, from $1.3B in 2018 to $1.3B in 2023.

In 2019, United Kingdom exported services to New Zealand worth $941M, with Travel ($528M), Insurance services ($182M), and Other business services ($85.4M) being the largest in terms of value.

New Zealand-United Kingdom Trade: In 2023, New Zealand exported $968M to United Kingdom. The main products that New Zealand exported to United Kingdom were Wine ($332M), Sheep and Goat Meat ($167M), and Passenger and Cargo Ships ($35.7M). Over the past 5 years the exports of New Zealand to United Kingdom have decreased at an annualized rate of 2.94%,  from $1.12B in 2018 to $968M in 2023.

In 2018, New Zealand exported services to United Kingdom worth $3.93B, with Travel ($2.78B), Other business services ($407M), and Transportation ($381M) being the largest in terms of value.

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £53.4M and imported £56M from New Zealand, resulting in a negative trade balance of £2.56M. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-3.09M (-5.47%) from £56.5M to £53.4M, while imports decreased by £-5.33M (-8.69%) from £61.3M to £56M.

Trade In November 2024, the top exports of United Kingdom to New Zealand were Cars (£20.5M), Horses (£3.61M), Packaged Medicaments (£1.78M), Trailers and semi-trailers, not mechanically propelled... (£1.66M), and Gas Turbines (£1.51M). In November 2024 the top imports of United Kingdom from New Zealand were Wine (£20.4M), Sheep and Goat Meat (£4.47M), Honey (£2.83M), Therapeutic Appliances (£1.56M), and Dairy Machinery (£1.04M).

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£15.5M), Southampton (£15.3M), Felixstowe (£7.73M), East Midlands Airport (£4.41M), and London Gateway (£4.39M), while imports destinations were mainly London Gateway (£21.1M), Felixstowe (£13.6M), Southampton (£4.56M), and London Heathrow Airport (£4.12M).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to New Zealand was explained primarily by an decrease in product exports in Trailers and semi-trailers, not mechanically propelled... (£-1.9M or -53.3%), Gas Turbines (£-1.23M or -45%), and Stone Processing Machines (£-714k or -51.2%). In November 2024, the decrease in United Kingdom's year-by-year imports  from New Zealand was explained primarily by an decrease in product imports  in Gas Turbines (£-10.2M or -99.2%), Sheep and Goat Meat (£-9.36M or -67.7%), and Vaccines, blood, antisera, toxins and cultures (£-1.61M or -93.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£-3.09M(-5.47%)
IMPORT GROWTH (November 2023 - November 2024)£-5.33M(-8.69%)
MAIN EXPORTER (November 2024)London Heathrow Airport£15.5M

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

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

For full datasets download visit Bulk Download page.

Explore New Zealand and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $1.3B to New Zealand. The main products exported from United Kingdom to New Zealand were Cars ($201M), Gas Turbines ($196M), and Packaged Medicaments ($101M). During the last 5 years the exports of United Kingdom to New Zealand have decreased at an annualized rate of 0.037%, from $1.3B in 2018 to $1.3B in 2023.

In 2018, New Zealand exported $968M to United Kingdom. The main products exported from New Zealand to United Kingdom were Wine ($332M), Sheep and Goat Meat ($167M), and Passenger and Cargo Ships ($35.7M). During the last 5 years the exports of New Zealand to United Kingdom have decreased at an annualized rate of 2.94%, from $1.12B in 2023 to $968M in 2018.

Exports from United Kingdom (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from United Kingdom than New Zealand included United States ($59.7B), Germany ($34.6B), and Netherlands ($29.8B).

In 2023, countries that imported more from New Zealand than United Kingdom included Fiji ($433M), Algeria ($599M), and Papua New Guinea ($126M).

Difference in imports from New Zealand (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - New Zealand

Flow
Scale

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

During 2023, United Kingdom had a large net trade with New Zealand in the exports of Machines ($396M), Transportation ($389M), and Chemical Products ($177M).

During 2018, New Zealand had a large net trade with United Kingdom in the exports of Foodstuffs ($352M), Animal Products ($233M), and Machines ($86.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom New Zealand+$28.2MCars
Top Product Potential New Zealand United Kingdom+$6.71MVaccines, blood, antisera, toxins and cultures

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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Bilateral Service Trade

In 2019, United Kingdom exported services to New Zealand worth $941M, with Travel ($528M), Insurance services ($182M), and Other business services ($85.4M) being the largest in terms of value.

In 2018, New Zealand exported services to United Kingdom worth $3.93B, with Travel ($2.78B), Other business services ($407M), and Transportation ($381M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to New Zealand (Flag) (2019)

Services Exports from New Zealand (Flag) to United Kingdom (Flag) (2018)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and New Zealand (Flag) (2023)

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