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Trade between Australia and New Zealand

In 2024, Australia exported $5.2 billion to New Zealand and imported $5.2 billion. Australia ran a surplus of $11 million with New Zealand, compared with a deficit of $450 million in 2019. New Zealand was Australia’s 14th largest trading partner (2% of its trade), and Australia was New Zealand’s 3rd (11%).

Summary

Australia → New Zealand
$5.2billion
New Zealand → Australia
$5.2billion
Australia’s balance
$11million

Balance

Australia’s trade balance with New Zealand

Trade between Australia and New Zealand grew 63% since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 5.2
  • Imports 5.2
  • Balance +0

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$3.6 billion$2.7 billion$919 million
1996$4.2 billion$2.9 billion$1.3 billion
1997$3.8 billion$2.8 billion$920 million
1998$2.6 billion$2.5 billion$137 million
1999$3.6 billion$2.7 billion$865 million
2000$3.2 billion$2.9 billion$365 million
2001$3 billion$2.7 billion$301 million
2002$3.6 billion$3 billion$532 million
2003$4.4 billion$3.6 billion$791 million
2004$5.3 billion$4.2 billion$1.1 billion
2005$5.6 billion$4.5 billion$1 billion
2006$5.5 billion$4.6 billion$875 million
2007$6.5 billion$5.7 billion$755 million
2008$6.3 billion$6.9 billion-$576 million
2009$4.8 billion$5.7 billion-$948 million
2010$6 billion$7 billion-$973 million
2011$5.9 billion$7.8 billion-$1.9 billion
2012$5.9 billion$7.5 billion-$1.5 billion
2013$5.3 billion$7 billion-$1.7 billion
2014$5.4 billion$7.2 billion-$1.8 billion
2015$4.5 billion$5.8 billion-$1.3 billion
2016$4.8 billion$5.7 billion-$893 million
2017$5 billion$5.9 billion-$976 million
2018$5 billion$6.1 billion-$1.1 billion
2019$4.9 billion$5.3 billion-$450 million
2020$4.6 billion$4.9 billion-$361 million
2021$5.7 billion$5.3 billion$373 million
2022$6 billion$5.2 billion$814 million
2023$5.5 billion$5.2 billion$286 million
2024$5.2 billion$5.2 billion$11 million

What they sell each other

What Australia sells to New Zealand

The top 10 headings in 2024, with their share of the total.

  1. Aluminum oxide and hydroxide$230 million · 4.4%
    561 thousand tonnes
  2. 10 thousand tonnes
  3. Pet and animal feed$190 million · 3.7%
    104 thousand tonnes
  4. Wheat$157 million · 3%
    593 thousand tonnes · Australia’s destinations
  5. Chocolate$135 million · 2.6%
    21 thousand tonnes
  6. Bread, biscuits and pastries$118 million · 2.3%
    23 thousand tonnes
  7. Other food preparations$112 million · 2.2%
    34 thousand tonnes
  8. Detergents and surfactants$80 million · 1.6%
    32 thousand tonnes
  9. Soft drinks$79 million · 1.5%
    61 thousand tonnes
  10. Wine$73 million · 1.4%
    28 thousand tonnes · Australia’s destinations

What New Zealand sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Gold$523 million · 10.1%
    10 tonnes · Australia’s sources
  2. Other food preparations$278 million · 5.4%
    18 thousand tonnes
  3. Butter and milk fats$218 million · 4.2%
    36 thousand tonnes · New Zealand’s destinations
  4. Wine$205 million · 4%
    53 thousand tonnes
  5. Cheese$203 million · 3.9%
    45 thousand tonnes · New Zealand’s destinations
  6. Crude petroleum$169 million · 3.3%
    244 thousand tonnes · Australia’s sources
  7. Powdered and condensed milk$155 million · 3%
    44 thousand tonnes · New Zealand’s destinations
  8. Soft drinks$151 million · 2.9%
    104 thousand tonnes
  9. Bread, biscuits and pastries$132 million · 2.6%
    25 thousand tonnes
  10. Malt extract and food mixes$97 million · 1.9%
    20 thousand tonnes

How it travels

Estimated sea route from Sydney to Auckland.

The estimated sea route between Sydney and Auckland is 1,302 nautical miles (2,411 km) long: ≈ 3–4 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$8.8 billion · 84.6%
  2. Air$1.6 billion · 15.4%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

New Zealand was Australia’s 14th largest trading partner (2% of its trade), and Australia was New Zealand’s 3rd (11%).

New Zealand in Australia’s trade
1.6%
New Zealand’s rank among Australia’s partners
14th
Australia in New Zealand’s trade
11.2%
Australia’s rank among New Zealand’s partners
3rd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.