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2022
Flag → Flag
Exports $3.96BRnk 52 / 219
2022
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Top Product $319MGas Turbines
2022
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Exports $5.07BRnk 3 / 210
2022
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Top Product $735MFrozen Bovine Meat
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
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Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
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GDP$25.5TCURRENT US$
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2012-2022
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GDP GROWTH56.7%CURRENT US$
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2022
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 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH40.3%CURRENT US$
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2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH20.7%CURRENT US$
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About

United States-New Zealand Trade: In 2022, United States exported $3.96B to New Zealand. The main products that United States exported to New Zealand were Gas Turbines ($319M), Planes, Helicopters, and/or Spacecraft ($216M), and Cars ($204M). Over the past 5 years the exports of United States to New Zealand have increased at an annualized rate of 1.66%, from $3.64B in 2017 to $3.96B in 2022.

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.

New Zealand-United States Trade: In 2022, New Zealand exported $5.07B to United States. The main products that New Zealand exported to United States were Frozen Bovine Meat ($735M), Wine ($533M), and Sheep and Goat Meat ($385M). Over the past 5 years the exports of New Zealand to United States have increased at an annualized rate of 5.67%,  from $3.85B in 2017 to $5.07B in 2022.

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.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Company data: In 2023, leading companies such as Lawrence Wholesale (94), DAVID OPPENHEIMER CO. (86), and Pernod Ricard (78) were at the forefront of exporting goods from New Zealand to the United States. Conversely, Other (96), Unknown (82), and Pernod Ricard Winemakers Nz (76) were notable for importing products to New Zealand from the United States.

Latest Trends

July, 2024

About

Overview In July 2024, United States exported $383M and imported $532M from New Zealand, resulting in a negative trade balance of $149M. Between July 2023 and July 2024 the exports of United States have decreased by $-95.8M (-20%) from $479M to $383M, while imports decreased by $-4.62M (-0.86%) from $537M to $532M.

Trade In July 2024, the top exports of United States to New Zealand were Aircraft Parts ($35.3M), Commodities not elsewhere specified ($32.2M), Cars ($17.1M), Petroleum Coke ($13M), and Other Sugars ($7.14M). In July 2024 the top imports of United States from New Zealand were Wine ($88.9M), Frozen Bovine Meat ($63.9M), Casein ($28.3M), Sheep and Goat Meat ($26.4M), and Whey and other milk products ($26.3M).

Origins In July 2024 the exports of United States were mainly from Hawaii ($57.2M), California ($47.3M), Texas ($46M), Georgia ($32.6M), and Arizona ($23.4M), while imports destinations were mainly California ($119M), Pennsylvania ($79.2M), New Jersey ($65M), Illinois ($44M), and Texas ($37.2M).

Growth In July 2024, the decrease in United States's year-by-year exports to New Zealand was explained primarily by an decrease in product exports in Aircraft Parts ($-46.8M or -57%), Asphalt Mixtures ($-38.6M or -100%), and Commodities not elsewhere specified ($-6.9M or -17.6%). In July 2024, the decrease in United States's year-by-year imports  from New Zealand was explained primarily by an decrease in product imports  in Commodities not elsewhere specified ($-20.6M or -58.8%), Therapeutic Appliances ($-8.31M or -44.7%), and Other Prepared Meat ($-6.83M or -65%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-95.8M(-20%)
IMPORT GROWTH (July 2023 - July 2024)$-4.62M(-0.86%)
MAIN EXPORTER (July 2024)Hawaii$57.2M

This section shows exports and imports data at subnational level for United States. 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 States over time.

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

For full datasets download visit Bulk Download page.

Explore New Zealand and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $3.96B to New Zealand. The main products exported from United States to New Zealand were Gas Turbines ($319M), Planes, Helicopters, and/or Spacecraft ($216M), and Cars ($204M). During the last 5 years the exports of United States to New Zealand have increased at an annualized rate of 1.66%, from $3.64B in 2017 to $3.96B in 2022.

In 2017, New Zealand exported $5.07B to United States. The main products exported from New Zealand to United States were Frozen Bovine Meat ($735M), Wine ($533M), and Sheep and Goat Meat ($385M). During the last 5 years the exports of New Zealand to United States have increased at an annualized rate of 5.67%, from $3.85B in 2022 to $5.07B in 2017.

Exports from United States (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from United States than New Zealand included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from New Zealand than United States included Fiji ($380M), Cook Islands ($85.2M), and Tonga ($53.5M).

Difference in imports from New Zealand (Flag) and United States (Flag) (2022)

Comparative Advantage United States - New Zealand

Flow
Scale

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

During 2022, United States had a large net trade with New Zealand in the exports of Machines ($1.18B), Transportation ($657M), and Chemical Products ($460M).

During 2017, New Zealand had a large net trade with United States in the exports of Animal Products ($1.91B), Foodstuffs ($844M), and Machines ($585M).

Potential Exports

Potential Exports

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

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Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to New Zealand (Flag) (2017)

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and New Zealand (Flag) (2022)

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