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How dependent is Australia on New Zealand?

In 2024, New Zealand sold $5.2 billion to Australia, 1.8% of its imports, ranking 16th among its suppliers. Its share was 2.4% in 2019 and 4.7% in 1995. In 20 products it sells more than 50% of what Australia buys of them (in 6, more than 75%); what Australia buys from New Zealand in those products (dominated value) adds up to $739 million, 0.26% of its imports.

Summary

Share of its imports
1.8%
Value imported
$5.2billion
Rank among its suppliers
16th
Products where it sells over 50%
20
Products where it sells over 75%
6
Dominated value
$739million
Share of total imports
0.3%

Trend

New Zealand went from 4.7% to 1.8% of what Australia buys

Trend in shares

New Zealand went from 4.7% to 1.8% of what Australia buys

Share (%)

  • New Zealand 1.8%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19952,7064.7%6
19962,9224.8%6
19972,8494.6%6
19982,4864.1%7
19992,7154.2%7
20002,8594%8
20012,7474.2%6
20023,0414.2%6
20033,6024%7
20044,2413.9%8
20054,5403.7%8
20064,6093.3%10
20075,7333.5%9
20086,8753.5%9
20095,7463.6%9
20106,9953.6%9
20117,7643.4%8
20127,4663.1%9
20137,0373.1%9
20147,1643.3%9
20155,8403%9
20165,6693.1%8
20175,9272.7%9
20186,1052.6%9
20195,3312.4%10
20204,9332.3%10
20215,3122.1%13
20225,2291.7%14
20235,2111.8%14
20245,1671.8%16

Products where New Zealand sells more than half

20 products, 0.26% of what it buys
ProductSupplierShareSecondValue
Butter and milk fatsNew Zealand84.4%over 75%France · 4.6%$218 million
Powdered and condensed milkNew Zealand71%Spain · 7.3%$155 million
Other fresh fruit (berries, kiwi)New Zealand75.7%over 75%United States · 13.9%$92 million
Prepared meatNew Zealand56%United States · 15.5%$88 million
Fresh fishNew Zealand95.4%over 75%Indonesia · 2.1%$47 million
Soups and brothsNew Zealand52.1%Thailand · 10.8%$42 million
Natural honeyNew Zealand57.6%China · 18.6%$19 million
Fresh milk and creamNew Zealand71.9%Netherlands · 18.7%$17 million
CaseinNew Zealand68.6%United States · 16.8%$13 million
Carded wool yarnNew Zealand71.2%Denmark · 9.8%$10 million
Refined copperNew Zealand60%India · 12.1%$8 million
Ferrous scrapNew Zealand58.5%Fiji · 32.5%$7 million
Frozen beefNew Zealand51.7%Japan · 27.2%$6 million
Raw woolNew Zealand86.8%over 75%China · 6.8%$4 million
Aluminum scrapNew Zealand52.8%Fiji · 13.7%$3 million
Extracts and juices of meat, fish and shellfishNew Zealand56.4%Thailand · 11.7%$2 million
Textile wall coveringsNew Zealand66.4%China · 6.6%$2 million
Raw hides and skins of bovine or equine animalsNew Zealand58.8%China · 41%$2 million
Bones and horn-cores, unworkedNew Zealand95.2%over 75%Namibia · 1.5%$1 million
Lamb and goat meatNew Zealand80.4%over 75%Malaysia · 9.5%$886 thousand

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from New Zealand

New Zealand’s 3rd customer, 11.4% of its sales

Australia is New Zealand’s 3rd-largest customer, with 11.4% of its exports.

Sources and method

CEPII BACI and 1 more

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.