Tokelau-New Zealand Bilateral Trade Analysis 2023
Complete trade statistics: $354,488 total volume •Tokelau deficit: $47,690
Tokelau → New Zealand
$153,399
Exports (2023)
New Zealand → Tokelau
$201,089
Imports (2023)
Trade Balance
$47,690
Deficit for Tokelau
Total Trade
$354,488
Combined Volume
Trade Flow Visualization
Direct trade relationship between Tokelau and New Zealand. Green line shows exports from Tokelau, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Tokelau-New Zealand commercial relationship and competitive positioning in global markets.
Tokelau → New Zealand Exports
Export Market Intelligence
🎯 Strategic Export Focus
Tokelau's export portfolio to New Zealand demonstrates strategic specialization, with slag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rolls representing a key competitive advantage in this bilateral market.
New Zealand → Tokelau Imports
Import Dependency Profile
📦 Import Strategy Analysis
Tokelau's import pattern from New Zealand reveals strategic sourcingin vehicles: specially designed for travelling on snow, golf cars and similar vehicles, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Tokelau demonstrates competitive strength in exportingslag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rolls to New Zealand, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $354,488 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Tokelau-New Zealand Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $354.49 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Tokelau maintains a deficit of $47.69 thousand
- Export Focus: Tokelau's primary exports include slag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rolls, engines: parts for internal combustion piston engines (excluding spark-ignition), trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted)
- Import Dependencies: Key imports from New Zealand include vehicles: specially designed for travelling on snow, golf cars and similar vehicles, machinery: parts and accessories (other than covers, carrying cases and the like) of the machines of heading no. 8471, vehicles: n.e.c. in heading no. 8716
Strategic Trade Indicators
📈 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 $354,488 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 Tokelau leveraging its comparative advantages in slag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rolls.
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
Tokelau's specialization in slag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rollscomplements New Zealand's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: specially designed for travelling on snow, golf cars and similar vehicles.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $354,488 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $354,488 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 $354.49 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in slag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rolls and vehicles: specially designed for travelling on snow, golf cars and similar vehicles demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Tokelau's trade deficit of $47.69 thousand impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯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 Tokelau and New Zealand represents a total trade volume of $354.49 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Tokelau, with imports exceeding exportsby $47.69 thousand.
Export Strengths
Tokelau's exports to New Zealand total $153.40 thousand, with competitive advantages in slag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rolls, representing $40,591 or26.5% of bilateral exports.
Import Dependencies
Imports from New Zealand amount to $201.09 thousand, highlighting economic interdependence in vehicles: specially designed for travelling on snow, golf cars and similar vehicles, with Vehicles: specially designed for travelling on snow, golf cars and similar vehicles comprising56.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Tokelau's strategic sourcing from New Zealand. 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 Tokelau and New Zealand in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023