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New Zealand-USA Bilateral Trade Analysis 2023

Complete trade statistics: $9.66B total volume •New Zealand surplus: $883.88M

New Zealand → USA

$5.27B

Exports (2023)

USA → New Zealand

$4.39B

Imports (2023)

Trade Balance

$883.88M

Surplus for New Zealand

Total Trade

$9.66B

Combined Volume

Trade Flow Visualization

Direct trade relationship between New Zealand and USA. 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-USA commercial relationship and competitive positioning in global markets.

New Zealand → USA Exports

$5.27B

2023 Total

Export Market Intelligence

Product Diversity:

Highly Diversified

Market Share:

17.3% top product

1Meat: of bovine animals, boneless cuts, frozen

$912.45M

17.3% of exports

2Wine: still, in containers holding 2 litres or less

$462.05M

8.8% of exports

3Dairy produce: natural milk constituents (excluding whey), whether or not containing added sugar or other sweetening matter, n.e.c. in chapter 04

$294.63M

5.6% of exports

4Meat: of sheep (including lamb), cuts with bone in (excluding carcasses and half-carcasses), frozen

$220.94M

4.2% of exports

5Wood: coniferous species, of pine (Pinus spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm

$185.63M

3.5% of exports

6Casein

$134.38M

2.5% of exports

7Therapeutic respiration apparatus: ozone, oxygen, aerosol therapy apparatus: artificial respiration or other therapeutic respiration apparatus

$119.91M

2.3% of exports

8Dairy produce: derived from milk, butter

$98.10M

1.9% of exports

9Fruit, edible: kiwifruit, fresh

$94.84M

1.8% of exports

10Wine: still, in containers holding more than 10 litres

$90.50M

1.7% of exports

🎯 Strategic Export Focus

New Zealand's export portfolio to USA demonstrates strong diversification across multiple sectors, with meat: of bovine animals, boneless cuts, frozen representing a key competitive advantage in this bilateral market.

USA → New Zealand Imports

$4.39B

2023 Total

Import Dependency Profile

Supply Diversity:

Well Diversified

Critical Imports:

11.1% concentration

1Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg

$487.21M

11.1% of imports

2Turbines: parts of turbo-jets and turbo-propellers

$343.62M

7.8% of imports

3Turbo-jets: of a thrust exceeding 25kN

$108.61M

2.5% of imports

4Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803

$92.84M

2.1% of imports

5Sugars: lactose and lactose syrup, containing by weight 99% or more lactose, expressed as anhydrous lactose, calculated on the dry matter

$78.00M

1.8% of imports

6Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus

$76.59M

1.7% of imports

7Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale

$61.60M

1.4% of imports

8Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power

$60.12M

1.4% of imports

9Food preparations: n.e.c. in item no. 2106.10

$52.97M

1.2% of imports

10Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc

$51.00M

1.2% of imports

📦 Import Strategy Analysis

New Zealand's import pattern from USA reveals strategic sourcingin aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

New Zealand demonstrates competitive strength in exportingmeat: of bovine animals, boneless cuts, frozen to USA, leveraging comparative advantages.

Export Leader in 20+ Categories

🔄

Trade Complementarity

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

Highly Balanced

📈

Growth Potential

The $9.66B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: New Zealand-USA Trade Relationship

Key Trade Highlights 2023

Total Trade Volume: $9.66 billionrepresenting a significant bilateral economic relationship
Trade Balance: New Zealand maintains a surplus of $883.88 million
Export Focus: New Zealand's primary exports include meat: of bovine animals, boneless cuts, frozen, wine: still, in containers holding 2 litres or less, dairy produce: natural milk constituents (excluding whey), whether or not containing added sugar or other sweetening matter, n.e.c. in chapter 04
Import Dependencies: Key imports from USA include aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, turbines: parts of turbo-jets and turbo-propellers, turbo-jets: of a thrust exceeding 25kn

Strategic Trade Indicators

Trade IntensityHigh

Export DiversificationDiversified

Trade Balance HealthBalanced

📈 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 $9.66B 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 meat: of bovine animals, boneless cuts, frozen.

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

Comparative Advantage

New Zealand's specialization in meat: of bovine animals, boneless cuts, frozencomplements USA's demand patterns, creating natural trade synergies.

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $9.66B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric

Seasonal VariationsModerate

Product ConcentrationLow

Market DependencyModerate

🔮

Trade Relationship Outlook

The $9.66B 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

💰

Trade Volume Impact

The $9.66 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate

🏭

Industrial Integration

Trade flows in meat: of bovine animals, boneless cuts, frozen and aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified

⚖️

Trade Balance Effects

New Zealand's trade surplus of $883.88 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors

Technology transfer and innovation cooperation in wine: still, in containers holding 2 litres or less present expansion opportunities.

Market Diversification

Beyond current focus on aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities

Moderate concentration in key sectors requires monitoring

Market Competition

Global competition in meat: of bovine animals, boneless cuts, frozen may affect future market positioning.

🎯Strategic 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 USA represents a total trade volume of $9.66 billion in 2023. This partnership demonstrates a favorable trade balance for New Zealand, with exports exceeding importsby $883.88 million.

Export Strengths

New Zealand's exports to USA total $5.27 billion, with competitive advantages in meat: of bovine animals, boneless cuts, frozen, representing $912.45M or17.3% of bilateral exports.

Import Dependencies

Imports from USA amount to $4.39 billion, highlighting economic interdependence in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, with Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg comprising11.1% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates New Zealand's competitive position in this bilateral relationship. 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 USA in multiple formats.

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