New Zealand-Indonesia Trade: In 2022, New Zealand exported $1.33B to Indonesia. The main products that New Zealand exported to Indonesia were Concentrated Milk ($613M), Butter ($142M), and Crude Petroleum ($63.8M). Over the past 5 years the exports of New Zealand to Indonesia have increased at an annualized rate of 13.3%, from $711M in 2017 to $1.33B in 2022.
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 2022, Indonesia exported $903M to New Zealand. The main products that Indonesia exported to New Zealand were Other Vegetable Residues ($301M), Coal Briquettes ($67.6M), and Shaped Wood ($37.1M). Over the past 5 years the exports of Indonesia to New Zealand have increased at an annualized rate of 9.85%, from $565M in 2017 to $903M in 2022.
In 2022, Indonesia did not export any services to New Zealand.
Comparison: In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).