New Zealand
Oceania
Trade in New Zealand
| New Zealand was the world’s 64th largest exporter of goods and 63rd largest exporter of commercial services in 2022. Export values were $45.10 billion and $11.45 billion USD respectively. New Zealand’s top export category was Agricultural products, followed by Manufactures, and Machinery and transport equipment. In 2022, New Zealand’s main export destination markets for goods and services trade were to China, Australia and United States, with trade representing 53.81 per cent of GDP. In terms of imports, New Zealand is the world’s 60th largest importer of goods and 53rd largest importer of commercial services. Import values were $54.22 billion and $16.85 billion USD respectively in 2022. New Zealand’s top import category was Manufactures, followed by Machinery and transport equipment and Transport equipment. Leading import partners were China, Australia and United States. New Zealand is part of 15 different Regional Trade Agreements, including ASEAN – Australia – New Zealand and Australia – New Zealand Closer Economic Relations Trade Agreement (ANZCERTA). |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
New Zealand |
Abbreviation |
NZ |
Capital |
Wellington |
WTO Membership Date |
1 January 1995 |
Legal System |
common law system, based on English model, with special legislation and land courts for the Maori |
Language |
English (de facto), Maori |
Number of Time Zone(s) |
5 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
New Zealand dollar |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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Business Support Organizations |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
https://www.tariff-finder.govt.nz/ |
Trade Information Portal |
https://www.customs.govt.nz/ |
Last Reviewed: June, 2024
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