New Zealand-Japan Bilateral Trade Analysis 2023

Complete trade statistics: $5.85B total volume โ€ขNew Zealand deficit: $689.84M

New Zealand โ†’ Japan

$2.58B

Exports (2023)

Japan โ†’ New Zealand

$3.27B

Imports (2023)

Trade Balance

$689.84M

Deficit for New Zealand

Total Trade

$5.85B

Combined Volume

Trade Flow Visualization

Direct trade relationship between New Zealand and Japan. Green line shows exports from New Zealand, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the New Zealand-Japan commercial relationship and competitive positioning in global markets.

New Zealand โ†’ Japan Exports

$2.58B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Balanced

Product-level data is available for major trade relationships.

For detailed New Zealand-Japan product breakdown, please refer to each country's overall trade statistics.

๐ŸŽฏ Strategic Export Focus

New Zealand's export portfolio to Japan demonstrates strategic specialization, with leading products representing a key competitive advantage in this bilateral market.

Japan โ†’ New Zealand Imports

$3.27B
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Distributed

Product-level data is available for major trade relationships.

For detailed New Zealand-Japan product breakdown, please refer to each country's overall trade statistics.

๐Ÿ“ฆ Import Strategy Analysis

New Zealand's import pattern from Japan reveals strategic sourcingin key sectors, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

New Zealand demonstrates competitive strength in exportingkey products to Japan, leveraging comparative advantages.

Export Leader in 0+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
๐Ÿ“ˆ

Growth Potential

The $5.85B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: New Zealand-Japan Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $5.85 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: New Zealand maintains a deficit of $689.84 million
  • Export Focus: New Zealand's primary exports include various products
  • Import Dependencies: Key imports from Japan include various products

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthBalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $5.85B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with New Zealand leveraging its comparative advantages in key sectors.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

New Zealand's specialization in key industriescomplements Japan's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in manufacturing sectors.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $5.85B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
๐Ÿ”ฎ

Trade Relationship Outlook

The $5.85B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $5.85 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
๐Ÿญ

Industrial Integration

Trade flows in key sectors and manufacturing demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
โš–๏ธ

Trade Balance Effects

New Zealand's trade deficit of $689.84 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in advanced manufacturing present expansion opportunities.
Market Diversification
Beyond current focus on traditional sectors, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in key export sectors may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between New Zealand and Japan represents a total trade volume of $5.85 billion in 2023. This partnership demonstrates an unfavorable trade balance for New Zealand, with imports exceeding exportsby $689.84 million.

Export Strengths

New Zealand's exports to Japan total $2.58 billion, with competitive advantages in key sectors.

Import Dependencies

Imports from Japan amount to $3.27 billion, highlighting economic interdependence in manufacturing sectors.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates New Zealand's strategic sourcing from Japan. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between New Zealand and Japan in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023