New Zealand / Indonesia

New Zealand-Indonesia Trade: In 2023, New Zealand exported $1.1B to Indonesia. The main products that New Zealand exported to Indonesia were Concentrated Milk ($472M), Butter ($88.8M), and Animal Meal and Pellets ($58.5M). Over the past 5 years the exports of New Zealand to Indonesia have increased at an annualized rate of 7.36%, from $768M in 2018 to $1.1B in 2023.

In 2018, New Zealand exported services to Indonesia worth $376M, with Travel ($346M), Other business services ($19.3M), and Government services, n.i.e. ($5.52M) being the largest in terms of value.

Indonesia-New Zealand Trade: In 2023, Indonesia exported $787M to New Zealand. The main products that Indonesia exported to New Zealand were Other Vegetable Residues ($200M), Tissue ($31.1M), and Railway Freight Cars ($29.4M). Over the past 5 years the exports of Indonesia to New Zealand have increased at an annualized rate of 4.06%,  from $645M in 2018 to $787M in 2023.

In 2023, Indonesia did not export any services to New Zealand.

Comparison: In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B). That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).