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Export Market

New Zealand

ISO: NZ / NZL

Country Profile

Capital Wellington
Population 5.3M
GDP $260.2B (2024)
GDP per Capita $49,205
Income Level High Income
Currency New Zealand dollar (NZD $)
Language English
Timezone UTC-11:00
Region Oceania · Australia and New Zealand

Trade Partners

New Zealand Exports To

  • China 28.0%
  • USA 12.0%
  • Australia 12.0%
  • Japan 6.0%
  • S. Korea 3.0%

Key exports: milk, wood, beef, butter, sheep and goat meat (2023)

New Zealand Imports From

  • China 20.0%
  • Australia 11.0%
  • USA 9.0%
  • S. Korea 7.0%
  • Japan 7.0%

Key imports: refined petroleum, cars, gas turbines, broadcasting equipment, trucks (2023)

Economic Overview

high-income, globally integrated Pacific island economy; strong agriculture, manufacturing, and tourism sectors; reliant on Chinese market for exports; recovery trajectory following deep post-pandemic recession; challenges of fiscal deficits, below-average productivity, cost of living, and drop in net migration

Government: parliamentary democracy under a constitutional monarchy; a Commonwealth realm

UK Trade Status

FTA in Force

The UK has a free trade agreement with New Zealand, providing preferential market access for UK exporters.

Trade Barriers

2 active barriers affecting UK exporters

Restrictive housing regulations in New Zealand affecting UK investors and exporters

There are various New Zealand restrictions that affect UK importers and investors: - the application for CodeMark in New Zealand is costly and requires meeting standards that are likely to change. - New Zealand doesn’t recognise British building standard 3632: …

Sectors: Construction

Reported: 10 Jul 2019

Significant requirements for gaining recognition of UK qualifications in New Zealand

The process for getting UK qualifications recognised in New Zealand can be onerous and expensive. This makes it difficult to transfer staff from the UK to New Zealand, and for New Zealand businesses to import services from the UK.

Sectors: Education and training, Financial and professional services

Reported: 5 Jun 2019

Geographic Region

Asia Pacific

Trading Bloc Memberships

New Zealand is a member of the following trade agreements and economic blocs.

CPTPP Comprehensive and Progressive Trans-Pacific Partnership Trade Agreement UK Member RCEP Regional Comprehensive Economic Partnership Trade Agreement

Export Guidance

Relevant guidance for exporting to New Zealand.

Start Your Export Journey

Export to the EU after Brexit Start exporting from the UK Manage your export compliance

Also in This Region

🇦🇺 Australia FTA 🇧🇳 Brunei 🇰🇭 Cambodia 🇫🇯 Fiji FTA 🇮🇩 Indonesia 🇯🇵 Japan FTA 🇱🇦 Laos 🇲🇾 Malaysia

Official Resources

Government export support for New Zealand.

great.gov.uk Market Guide → GOV.UK Country Information →
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