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USA-New Zealand Bilateral Trade Analysis 2023

Complete trade statistics: $9.66B total volume •USA deficit: $883.88M

USA → New Zealand

$4.39B

Exports (2023)

New Zealand → USA

$5.27B

Imports (2023)

Trade Balance

$883.88M

Deficit for USA

Total Trade

$9.66B

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

USA → New Zealand Exports

$4.39B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
11.1% top product
1Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$487.21M
11.1% of exports
2Turbines: parts of turbo-jets and turbo-propellers
$343.62M
7.8% of exports
3Turbo-jets: of a thrust exceeding 25kN
$108.61M
2.5% of exports
4Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
$92.84M
2.1% of exports
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 exports
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 exports
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 exports
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 exports
9Food preparations: n.e.c. in item no. 2106.10
$52.97M
1.2% of exports
10Vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 3000cc
$51.00M
1.2% of exports

🎯 Strategic Export Focus

USA's export portfolio to New Zealand demonstrates strong diversification across multiple sectors, with aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg representing a key competitive advantage in this bilateral market.

New Zealand → USA Imports

$5.27B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
17.3% concentration
1Meat: of bovine animals, boneless cuts, frozen
$912.45M
17.3% of imports
2Wine: still, in containers holding 2 litres or less
$462.05M
8.8% of imports
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 imports
4Meat: of sheep (including lamb), cuts with bone in (excluding carcasses and half-carcasses), frozen
$220.94M
4.2% of imports
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 imports
6Casein
$134.38M
2.5% of imports
7Therapeutic respiration apparatus: ozone, oxygen, aerosol therapy apparatus: artificial respiration or other therapeutic respiration apparatus
$119.91M
2.3% of imports
8Dairy produce: derived from milk, butter
$98.10M
1.9% of imports
9Fruit, edible: kiwifruit, fresh
$94.84M
1.8% of imports
10Wine: still, in containers holding more than 10 litres
$90.50M
1.7% of imports

📦 Import Strategy Analysis

USA's import pattern from New Zealand reveals strategic sourcingin meat: of bovine animals, boneless cuts, frozen, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

USA demonstrates competitive strength in exportingaeroplanes and other aircraft: of an unladen weight exceeding 15,000kg to New Zealand, 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: USA-New Zealand Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $9.66 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: USA maintains a deficit of $883.88 million
  • Export Focus: USA's primary exports 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
  • Import Dependencies: Key imports from New Zealand 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

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 USA leveraging its comparative advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg.

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

USA's specialization in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kgcomplements New Zealand's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in meat: of bovine animals, boneless cuts, frozen.

3

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

Supply Chain Integration: Diversified
⚖️

Trade Balance Effects

USA's trade deficit of $883.88 million impacts 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 turbines: parts of turbo-jets and turbo-propellers present expansion opportunities.
Market Diversification
Beyond current focus on meat: of bovine animals, boneless cuts, frozen, 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 aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg 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 USA and New Zealand represents a total trade volume of $9.66 billion in 2023. This partnership demonstrates an unfavorable trade balance for USA, with imports exceeding exportsby $883.88 million.

Export Strengths

USA's exports to New Zealand total $4.39 billion, with competitive advantages in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, representing $487.21M or11.1% of bilateral exports.

Import Dependencies

Imports from New Zealand amount to $5.27 billion, highlighting economic interdependence in meat: of bovine animals, boneless cuts, frozen, with Meat: of bovine animals, boneless cuts, frozen comprising17.3% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates USA'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 USA and New Zealand in multiple formats.

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