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2023
Flag → Flag
Exports $5.42BRnk 2 / 206
2023
Flag → Flag
Top Product $923MFrozen Bovine Meat
2023
Flag → Flag
Exports $4.75BRnk 50 / 220
2023
Flag → Flag
Top Product $644MGas Turbines
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
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Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
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GDP GROWTH32.1%CURRENT US$
Rnk 110 / 195
2023
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 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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GDP PC $48,281CURRENT US$
Rnk 28 / 195
2013-2023
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GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195
2023
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GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

New Zealand-United States Trade: In 2023, New Zealand exported $5.42B to United States. The main products that New Zealand exported to United States were Frozen Bovine Meat ($923M), Wine ($608M), and Sheep and Goat Meat ($351M). Over the past 5 years the exports of New Zealand to United States have increased at an annualized rate of 6.64%, from $3.93B in 2018 to $5.42B in 2023.

In 2018, New Zealand exported services to United States worth $7.69B, with Travel ($3.67B), Transportation ($1.79B), and Other business services ($1.06B) being the largest in terms of value.

United States-New Zealand Trade: In 2023, United States exported $4.75B to New Zealand. The main products that United States exported to New Zealand were Gas Turbines ($644M), Planes, Helicopters, and/or Spacecraft ($531M), and Cars ($267M). Over the past 5 years the exports of United States to New Zealand have increased at an annualized rate of 1.84%,  from $4.34B in 2018 to $4.75B in 2023.

In 2017, United States exported services to New Zealand worth $3.29B, with Travel ($1.26B), Financial services ($640M), and Transportation ($399M) being the largest in terms of value.

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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Zealand exported $5.42B to United States. The main products exported from New Zealand to United States were Frozen Bovine Meat ($923M), Wine ($608M), and Sheep and Goat Meat ($351M). During the last 5 years the exports of New Zealand to United States have increased at an annualized rate of 6.64%, from $3.93B in 2018 to $5.42B in 2023.

In 2018, United States exported $4.75B to New Zealand. The main products exported from United States to New Zealand were Gas Turbines ($644M), Planes, Helicopters, and/or Spacecraft ($531M), and Cars ($267M). During the last 5 years the exports of United States to New Zealand have increased at an annualized rate of 1.84%, from $4.34B in 2023 to $4.75B in 2018.

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

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

Latest Data

Trade between New Zealand (Flag) and United States (Flag)

New Zealand Exports

United States Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$12.3B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from New Zealand than United States included Fiji ($433M), Cook Islands ($93.7M), and Samoa ($112M).

In 2023, countries that imported more from United States than New Zealand included Canada ($269B), Mexico ($243B), and China ($154B).

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

Comparative Advantage New Zealand - United States

Flow
Scale

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

During 2023, New Zealand had a large net trade with United States in the exports of Animal Products ($2.18B), Foodstuffs ($932M), and Machines ($631M).

During 2018, United States had a large net trade with New Zealand in the exports of Machines ($1.61B), Transportation ($1.11B), and Chemical Products ($458M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand United States+$53.5MCrude Petroleum
Top Product Potential United States New Zealand+$95.8MCars

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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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of New Zealand and United States. This means that a dot/product with the flag of New Zealand indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over New Zealand.

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

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