globaltraffic.earth

Trade between New Zealand and Singapore

In 2024, New Zealand exported $794 million to Singapore and imported $2.5 billion. New Zealand ran a deficit of $1.7 billion with Singapore, compared with a deficit of $804 million in 2019. Singapore was New Zealand’s 6th largest trading partner (4% of its trade), and New Zealand was Singapore’s 28th (0.4%).

Summary

New Zealand → Singapore
$794million
Singapore → New Zealand
$2.5billion
New Zealand’s balance
-$1.7billion

Balance

New Zealand’s trade balance with Singapore

Trade between New Zealand and Singapore grew 6.2-fold since 1995

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

  • Exports 0.8
  • Imports 2.5
  • Balance -1.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$220 million$311 million-$91 million
1996$249 million$307 million-$58 million
1997$258 million$263 million-$4 million
1998$202 million$258 million-$56 million
1999$228 million$313 million-$85 million
2000$242 million$259 million-$17 million
2001$207 million$283 million-$76 million
2002$205 million$295 million-$90 million
2003$235 million$412 million-$178 million
2004$302 million$669 million-$367 million
2005$374 million$878 million-$504 million
2006$442 million$1.3 billion-$823 million
2007$519 million$1.6 billion-$1.1 billion
2008$765 million$1.6 billion-$852 million
2009$703 million$1.1 billion-$376 million
2010$597 million$1.2 billion-$627 million
2011$990 million$1.8 billion-$773 million
2012$675 million$1.8 billion-$1.1 billion
2013$816 million$1.8 billion-$942 million
2014$878 million$1.8 billion-$931 million
2015$845 million$1.3 billion-$488 million
2016$791 million$1.1 billion-$268 million
2017$889 million$1.5 billion-$614 million
2018$895 million$1.9 billion-$1 billion
2019$866 million$1.7 billion-$804 million
2020$798 million$1.2 billion-$397 million
2021$762 million$1.7 billion-$940 million
2022$919 million$3.2 billion-$2.3 billion
2023$797 million$3.2 billion-$2.4 billion
2024$794 million$2.5 billion-$1.7 billion

What they sell each other

What New Zealand sells to Singapore

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

  1. Powdered and condensed milk$186 million · 23.4%
    68 thousand tonnes · New Zealand’s destinations
  2. Crude petroleum$80 million · 10%
    231 thousand tonnes · Singapore’s sources
  3. Beef, mutton and goat tallow$60 million · 7.5%
    62 thousand tonnes
  4. Iron ore$54 million · 6.8%
    1.1 million tonnes
  5. Butter and milk fats$40 million · 5%
    6 thousand tonnes · New Zealand’s destinations
  6. Other fresh fruit (berries, kiwi)$22 million · 2.7%
    4 thousand tonnes
  7. Whey$21 million · 2.6%
    4 thousand tonnes
  8. Other food preparations$19 million · 2.4%
    593 tonnes
  9. Ferrous scrap$19 million · 2.4%
    51 thousand tonnes
  10. Spark-ignition engines$18 million · 2.3%
    3 tonnes

What Singapore sells to New Zealand

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

  1. Refined petroleum$1.7 billion · 66.2%
    2.7 million tonnes · Singapore’s destinations
  2. Turbojets and gas turbines$246 million · 9.8%
    149 tonnes · Singapore’s destinations
  3. Other food preparations$106 million · 4.2%
    2 thousand tonnes
  4. Computers$70 million · 2.8%
    280 tonnes · Singapore’s destinations
  5. Vaccines, blood and antisera$43 million · 1.7%
    9 tonnes · Singapore’s destinations
  6. Polyethylene$30 million · 1.2%
    24 thousand tonnes · Singapore’s destinations
  7. Coated flat steel$16 million · 0.64%
    10 thousand tonnes
  8. Medical and dental instruments$16 million · 0.62%
    1 thousand tonnes · Singapore’s destinations
  9. Fragrance mixtures$14 million · 0.56%
    673 tonnes
  10. Orthopedic and hearing devices$14 million · 0.56%
    6 tonnes

How it travels

Estimated sea route from Auckland to Singapore.

The estimated sea route between Auckland and Singapore is 5,111 nautical miles (9,465 km) long: ≈ 12–15 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$2.6 billion · 80.2%
  2. Air$653 million · 19.8%

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

How much each matters to the other

Singapore was New Zealand’s 6th largest trading partner (4% of its trade), and New Zealand was Singapore’s 28th (0.4%).

Singapore in New Zealand’s trade
3.6%
Singapore’s rank among New Zealand’s partners
6th
New Zealand in Singapore’s trade
0.4%
New Zealand’s rank among Singapore’s partners
28th

Compare with

Other partners of New Zealand

Other partners of Singapore

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.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.