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How dependent is New Zealand on Australia?

In 2024, Australia sold $5.2 billion to New Zealand, 11.1% of its imports, ranking 2nd among its suppliers. Its share was 11.5% in 2019 and 24.9% in 1995. In 60 products it sells more than 50% of what New Zealand buys of them (in 25, more than 75%); what New Zealand buys from Australia in those products (dominated value) adds up to $1.6 billion, 3.3% of its imports.

Summary

Share of its imports
11.1%
Value imported
$5.2billion
Rank among its suppliers
2nd
Products where it sells over 50%
60
Products where it sells over 75%
25
Dominated value
$1.6billion
Share of total imports
3.3%

Trend

Australia went from 24.9% to 11.1% of what New Zealand buys

Trend in shares

Australia went from 24.9% to 11.1% of what New Zealand buys

Share (%)

  • Australia 11.1%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19953,62524.9%1
19964,20727.6%1
19973,76925.3%1
19982,62322.2%1
19993,57924.3%1
20003,22322.6%1
20013,04822.4%1
20023,57323.3%1
20034,39323%1
20045,34522.7%1
20055,56721%1
20065,48420.5%1
20076,48820.8%1
20086,29818.1%1
20094,79818.7%1
20106,02119.5%1
20115,88915.9%1
20125,92315.4%2
20135,29113.3%2
20145,38712.5%2
20154,52212.3%2
20164,77613.2%2
20174,95112.3%2
20185,00211.4%2
20194,88111.5%2
20204,57212.3%2
20215,68411.4%2
20226,04311%2
20235,49810.9%2
20245,17811.1%2

Products where Australia sells more than half

60 products, 3.3% of what it buys
ProductSupplierShareSecondValue
Aluminum oxide and hydroxideAustralia98.5%over 75%South Korea · 0.7%$230 million
Pet and animal feedAustralia56.6%Thailand · 14.6%$190 million
WheatAustralia100%over 75%Malaysia · 0.01%$157 million
ChocolateAustralia60.3%Italy · 8.6%$135 million
Soft drinksAustralia54.4%United States · 11.3%$79 million
Kraft paper and paperboardAustralia76.3%over 75%South Africa · 11.3%$65 million
Rapeseed and mustard oilAustralia71.3%Malaysia · 26%$62 million
Uncoated paperAustralia85.2%over 75%Indonesia · 5%$53 million
Natural gas and LPGAustralia90.1%over 75%South Korea · 5.7%$46 million
Fiber cementAustralia83.8%over 75%Thailand · 7.8%$40 million
Instant coffee and tea extractsAustralia59.5%South Korea · 7.3%$40 million
Breakfast cerealsAustralia65.2%Thailand · 7.4%$40 million
Live horses, donkeys and mulesAustralia75.7%over 75%United States · 18.2%$34 million
Malt extract and food mixesAustralia52.1%Singapore · 8.3%$26 million
Fresh beefAustralia99.8%over 75%Japan · 0.16%$24 million
Ice creamAustralia51.4%United States · 7.7%$19 million
GoldAustralia63.9%Switzerland · 11.7%$19 million
Precious metal scrapAustralia64.2%Thailand · 35.8%$19 million
Water-based paints and varnishesAustralia63.3%Germany · 6.3%$18 million
Unwrought aluminumAustralia59.6%Qatar · 21.1%$17 million
Prepared meatAustralia55.2%Thailand · 9.6%$16 million
Frozen beefAustralia94.2%over 75%United States · 2.3%$16 million
Soups and brothsAustralia73.2%United Kingdom · 7.7%$16 million
Alloy steel bars and sectionsAustralia66%Germany · 8.4%$15 million
Gypsum and plasterAustralia97.9%over 75%United States · 0.52%$14 million
Gold and silverwareAustralia75.8%over 75%Switzerland · 14.4%$13 million
Bulk medicinesAustralia70.3%Ireland · 6.8%$12 million
NewsprintAustralia55.2%Japan · 13.9%$10 million
Lithium hydroxide and other metal oxidesAustralia75.4%over 75%United States · 17.1%$10 million
Aluminum cans, drums and containersAustralia63.1%China · 30.5%$9 million

and 30 more

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 Australia

Australia’s 14th customer, 1.4% of its sales

New Zealand is Australia’s 14th-largest customer, with 1.4% 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.