New Zealand Trade | WITS Data (2024)

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
New Zealand monthly trade data
New Zealand quarterly trade data

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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TABLE
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TRADE SUMMARY FOR New Zealand

2021

Overall Exports and Imports

Exports

Definition	Total Import/Export Value in thousands of US Dollars current value.
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Valuation	Export - FOB; Import - CIF
Currency Unit	US Dollar - Current value
Last Updated	Jan-03-2020

Exports (in US$ Mil)

44,325

Definition	Total number of products exported by a country at the Harmonized System six digit level in any given year.
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Notes	1) All traded products at HS 6 digits are considered for this computation.
Last Updated	Jan-03-2020

No. Of products

3,701

Definition	Number of countries to whom a particular country exports data in any given year.
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Notes	1) Product 'Total' is used for this computation.
Last Updated	Jan-03-2020

No. Of partners

213

Imports

Definition	Total Import/Export Value in thousands of US Dollars current value.
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Valuation	Export - FOB; Import - CIF
Currency Unit	US Dollar - Current value
Last Updated	Jan-03-2020

Imports (in US$ Mil)

49,221

Definition	Total number of products imported by a country at the Harmonized System (HS) six digit level in any given year.
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Notes	1) All traded products at HS 6 digits are considered for this computation.
Last Updated	Jan-03-2020

No. Of products

4,262

Definition	Number of countries from which a particular country imports data in any given year.
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Notes	1) Product 'Total' is used for this computation.
Last Updated	Jan-03-2020

No. Of partners

224

Trade Indicator

Definition	Hirschman Herfindahl index is a measure of the dispersion of trade value across an exporter’s partners. A country with trade (export or import) that is concentrated in a very few markets will have an index value close to 1. Similarly, a country with a perfectly diversified trade portfolio will have an index close to zero.
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Valuation	Export - FOB; Import - CIF
Currency Unit
Notes	1) Mirror Exports is considered for export data 2) All Countries except World and EUN are considered as partner group 3) Product 'Total' is used for this computation 4) The indicator is computed at reporter-partner level and aggregated to reporter level
Last Updated	Jan-03-2020

HH Market concentration index

0.15

Definition	It is calculated as the number of countries to which the reporter exports a particular product divided by the number of countries that report importing the product that year.
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Valuation	Export - FOB; Import - CIF
Currency Unit
Notes	1) Mirror Exports is considered for export data 2) All products at HS 6 digits are considered 3) Computation is performed at Country-Product level and aggregated to country level
Last Updated	Jan-03-2020

Index of export market penetration

7.27

Definition	Annual percentage growth rate of the world’s trade value (export or import), by sector, at market prices in current U.S. dollars
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Valuation	Export - FOB; Import - CIF
Currency Unit
Notes	1) Mirror Exports is considered 2)Growth for a given year is computed with respect to the previous year
Last Updated	Jan-03-2020

World Growth

12.59

Definition	Annual percentage growth rate of the country’s trade value (export or import), by sector, at market prices in current U.S. dollars
Source	WITS - UNSD Comtrade
Classification	Harmonized System 1988/92, SITC Revision 2
Valuation	Export - FOB; Import - CIF
Currency Unit
Notes	1) Mirror Exports is considered 2)Growth for a given year is computed with respect to the previous year
Last Updated	Jan-03-2020

Country Growth

7.52

Service Indicators 2021

Definition	Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.
Source	WDI
Topic	Economic Policy & Debt: Balance of payments: Current account: Goods, services & income
Last Updated	Jan-10-2020

Service imports (BoP, current US$)

13,753,982,390.87

Definition	Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.
Source	WDI
Topic	Economic Policy & Debt: Balance of payments: Current account: Goods, services & income
Last Updated	Jan-10-2020

Service exports (BoP, current US$)

9,825,496,310.17

Definition	Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
Source	WDI
Topic	Economic Policy & Debt: National accounts: Shares of GDP & other
Last Updated	Jan-10-2020

Imports of goods and services (% of GDP)

26.05

Definition	Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.
Source	WDI
Topic	Economic Policy & Debt: National accounts: Shares of GDP & other
Last Updated	Jan-10-2020

Exports of goods and services (% of GDP)

22.15

New Zealand top 5 Export and Import partners

Market	Trade (US$ Mil)	Partner share(%)
China	13,932	31.43
Australia	5,558	12.54
United States	4,717	10.64
Japan	2,499	5.64
Korea, Rep.	1,394	3.15

Exporter	Trade (US$ Mil)	Partner share(%)
China	11,774	23.92
Australia	5,544	11.26
United States	4,258	8.65
Japan	3,123	6.34
Germany	2,410	4.90

New Zealand Exports and Imports of Product Groups

Product Categories	Exports		Imports
Product Categories	Export(US$ Mil)	Product share(%)	Import(US$ Mil)	Prod share(%)	Weighted Average (%)
Raw materials	16,104	36.33	3,632	7.38	0.32
Intermediate goods	13,822	31.18	8,602	17.48	0.47
Consumer goods	10,618	23.95	22,415	45.54	1.25
Capital goods	3,562	8.04	14,572	29.61	0.70

Top 5 Products exports imports at HS 6 digit level

Exports

Product Code	040221
Product Name	Milk and cream in solid forms of >1.5% fat, uns
Data Source	UN Comtrade

Milk and cream in so ...

5,856,366.50

Product Code	440320
Product Name	Untreated coniferous wood in the rough...
Data Source	UN Comtrade

Untreated coniferous ...

2,806,491.26

Product Code	020230
Product Name	Frozen boneless bovine meat
Data Source	UN Comtrade

Frozen boneless bovi ...

2,209,890.30

Product Code	040500
Product Name	Butter and other fats and oils derived from mil
Data Source	UN Comtrade

Butter and other fat ...

2,028,149.84

Product Code	081090
Product Name	Other fruit, fresh, nes
Data Source	UN Comtrade

Other fruit, fresh, ...

1,979,896.95

Imports

Product Code	270900
Product Name	Petroleum oils and oils obtained from bituminou
Data Source	UN Comtrade

Petroleum oils and o ...

1,949,303.45

Product Code	271000
Product Name	Petroleum oils, etc, (excl. crude); preparation
Data Source	UN Comtrade

Petroleum oils, etc, ...

1,852,622.38

Product Code	870323
Product Name	Automobiles with reciprocating piston engine di
Data Source	UN Comtrade

Automobiles with rec ...

1,753,699.23

Product Code	852520
Product Name	Transmission apparatus, for radioteleph incorpo
Data Source	UN Comtrade

Transmission apparat ...

1,233,957.07

Product Code	870421
Product Name	Diesel powered trucks with a GVW not exceeding
Data Source	UN Comtrade

Diesel powered truck ...

984,620.03

Tariff and Trade Barriers for New Zealand

Tariffs 2021

Source	WITS - UNCTAD TRAINS
Classification	Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes
Last Updated	Jan-03-2020

No. Of Tariff Agreement

Definition	Effectively Applied Simple Average tariff (%)
Source	WITS - UNCTAD TRAINS
Classification	Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes	Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated	Jan-03-2020

Simple Average (%)

1.91

Definition	Effectively Applied Duty Free Imports in thousands of US Dollar
Source	WITS - UNCTAD TRAINS
Classification	Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes	Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated	Jan-03-2020

Duty Free Imports (US$ Thousand)

36,558,855.05

Definition	Effectively Applied MaxRate (%) tariff; The highest tariff value at the tariff line level within the product category
Source	WITS - UNCTAD TRAINS
Classification	Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes	Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated	Jan-03-2020

Maximum Rate (%)

172.95

Definition	Effectively Applied Weighted Average (%) tariff; The average of tariffs weighted by their corresponding trade value
Source	WITS - UNCTAD TRAINS
Classification	Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes	Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated	Jan-03-2020

Weighted Average (%)

0.86

Definition	Effectively Applied Duty Free Tariff Lines Share in percentage
Source	WITS - UNCTAD TRAINS
Classification	Harmonized System 1988/92, HS 1996, HS 2002, HS 2007, HS 2012
Notes	1) Tariff_AHS_DutyFreeLines]*100/[Tariff_AHS_TotalLines] 2) Specific duty expressions are estimated using UNCTAD Method (If available)
Last Updated	Jan-03-2020

Duty Free Tariff Lines Share (%)

67.34

Overall Trade Restrictiveness Index (OTRI) 2009

OTRI »

Definition	The OTRI captures the trade policy distortions that each country imposes on its import bundle. It measures the uniform tariff equivalent of the country tariff and non-tariff barriers (NTB) that would generate the same level of import value for the country in a given year. Tariffs can be based on the Applied tariffs, which takes into account the bilateral trade preferences
Source	Overall Trade Restrictiveness Index
Notes	The ad valorem equivalent of NTB were estimated by Kee, Nicita and Olarreaga (EJ, 2009)
Last Updated	Jul-2014

Overall Trade Restrictiveness Index - MFN Tariff (2009)

0.12

Definition	The OTRI captures the trade policy distortions that each country imposes on its import bundle. It measures the uniform tariff equivalent of the country tariff and non-tariff barriers (NTB) that would generate the same level of import value for the country in a given year. Tariffs can be based on the MFN tariffs which applied to all trading partners
Source	Overall Trade Restrictiveness Index
Notes	The ad valorem equivalent of NTB were estimated by Kee, Nicita and Olarreaga (EJ, 2009)
Last Updated	Jul-2014

Overall Trade Restrictiveness Index - Applied Tariff (2009)

0.11

Services Service Policy Restrictive Database (SPRD)

SPRD »

Source	Services Service Policy Restrictive Database
Last Updated	Jul-2014

Services Trade Restrictions Index - Over All

Non-Tariff Measures (NTM) 2015

Definition	Number of distinct NTM measures in effect in a country in a particular year.
Source	WITS - UNCTAD TRAINS
Notes	Please note this indicator is not cross country comparable. For India NTM's in Chapter A and B are not covered. For more information click here
Last Updated	Jul-2016

No Of NTM Measures (2015)

Definition	Number of products at HS 6 digit level that are affected in a particular year
Source	WITS - UNCTAD TRAINS
Notes	Please note this indicator is not cross country comparable. For India NTM's in Chapter A and B are not covered. For more information click here
Last Updated	Jul-2016

No Of NTM Affected Products (HS 6 Digit) (2015)

5,208

Temporary Trade Barriers Database (TTDB) 2013

TTDB »

Source	Temporary Trade Barriers Database
Last Updated	Aug-2014

Temporary Trade Barriers in Effect - Simple Average (2013)

0.31

Source	Temporary Trade Barriers Database
Last Updated	Aug-2014

Temporary Trade Barriers in Effect - Weighted Average (2013)

0.11

World Development Indicators (WDI)

2021 WDI »

Definition	Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.
Source	WDI
Topic	Health: Population: Structure
Last Updated	Jan-10-2020

Population

4,885,500

Definition	GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Source	WDI
Topic	Economic Policy & Debt: National accounts: US$ at current prices: Aggregate indicators
Last Updated	Jan-10-2020

GDP (current US$ Mil)

255,552

Definition	GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.
Source	WDI
Topic	Economic Policy & Debt: National accounts: Atlas GNI & GNI per capita
Last Updated	Jan-10-2020

GNI per capita, Atlas method (current US$)

45,770.00

Definition	Difference between Exports of goods and services (current US$) and Imports of goods and services (current US$)
Source	WITS - WDI
Notes	Indicator codes: NE.EXP.GNFS.CD, NE.IMP.GNFS.CD
Last Updated	Jan-10-2020

Trade Balance (current US$ Mil)

-9,959.00

Definition	Difference between Exports of goods and services (% of GDP) and Imports of goods and services (% of GDP)
Source	WITS - WDI
Notes	Indicator codes: NE.EXP.GNFS.ZS, NE.IMP.GNFS.ZS
Last Updated	Jan-10-2020

Trade Balance (% of GDP)

-3.90

Doing Business

2019 Doing Business »

Definition	Economies are ranked on their ease of doing business, from 1–189. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. The rankings are determined by sorting the aggregate distance to frontier scores on 10 topics, each consisting of several indicators, giving equal weight to each topic.
Source	Doing Business
Notes	1) AllDoing Business 2018rankings have been recalculated to reflect changes to the methodology and revisions of data due to new information. 2) The data may not reflect the full numeric precision of the data point, as the numbers are rounded.
Last Updated	Jan-30-2020

Ease of Doing Business Rank

Definition	The ranking of economies on the ease of trading across borders is determined by sorting their distance to frontier scores for trading across borders
Source	Doing Business
Notes	1) AllDoing Business 2018rankings have been recalculated to reflect changes to the methodology and revisions of data due to new information. 2) The data may not reflect the full numeric precision of the data point, as the numbers are rounded.
Last Updated	Jan-30-2020

Trading Across Borders Rank

Country Policy and Institutional Assessment (CPIA)

CPIA »

Definition	Trade assesses how the policy framework fosters trade in goods.
Source	WDI
Topic	Public Sector: Policy & institutions
Last Updated	Jan-10-2020

CPIA Trade Ratings

...

Logistics Performance Index (LPI)

2016 LPI »

Definition	LPI Score demonstrate comparative performance—the dimensions show on a scale (lowest score to highest score) from 1 to 5 relevant to the possible comparison groups—of all countries (world), region and income group
Source	Logistics Performance Index
Notes	The LPI uses standard statistical techniques to aggregate the data into a single indicator that can be used for cross-country comparisons.
Last Updated	Nov-2017

LPI Score

3.39

Definition	LPI 2016 ranks 160 countries on six dimensions of trade -- including customs performance, infrastructure quality, and timeliness of shipments -- that have increasingly been recognized as important to development
Source	Logistics Performance Index
Notes	The LPI uses standard statistical techniques to aggregate the data into a single indicator that can be used for cross-country comparisons.
Last Updated	Nov-2017

LPI Rank