Australia vs New Zealand: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

AustraliaMetricNew Zealand
$385.78BTotal exports$43.77B
$283.23BTotal imports$49.56B
$102.54BTrade balance$-5.79B
$669.01BTotal trade volume$93.34B
#19Global export rank#62
#22Global import rank#59

Direct trade between Australia and New Zealand

AustraliaNew Zealand
$6.04B
New ZealandAustralia
$5.32B

Australia top exports

  • non-agglomerated$93.03B
  • bituminous, whether or not pulverised, but not agglomerated$61.65B
  • liquefied, natural gas$46.19B
  • gold, non-monetary, unwrought (but not powder)$16.20B
  • (other than anthracite and bituminous), whether or not pulverised but not agglomerated$14.80B

New Zealand top exports

  • milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)$4.60B
  • of bovine animals, boneless cuts, frozen$2.13B
  • coniferous species, of pine (Pinus spp.), in the rough, whether or not stripped of bark or sapwood, or roughly squared, untreated, of which any cross-sectional dimension is 15 cm or more$1.65B
  • derived from milk, butter$1.60B
  • kiwifruit, fresh$1.56B

Shared top trade partners

Both countries appear as major export destinations for 7 of the same partners:

ChinaUSAJapanRep. of KoreaIndonesiaOther Asia, nesMalaysia