globaltraffic.earth

Trade between New Zealand and Vietnam

In 2024, New Zealand exported $566 million to Vietnam and imported $1 billion. New Zealand ran a deficit of $477 million with Vietnam, compared with a deficit of $158 million in 2019. Vietnam was New Zealand’s 13th largest trading partner (2% of its trade), and New Zealand was Vietnam’s 35th (0.2%).

Summary

New Zealand → Vietnam
$566million
Vietnam → New Zealand
$1billion
New Zealand’s balance
-$477million

Balance

New Zealand’s trade balance with Vietnam

Trade between New Zealand and Vietnam grew 33.3-fold since 1995

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

  • Exports 0.6
  • Imports 1
  • Balance -0.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$39 million$9 million$30 million
1996$43 million$13 million$30 million
1997$35 million$23 million$12 million
1998$49 million$28 million$21 million
1999$53 million$27 million$26 million
2000$82 million$35 million$47 million
2001$160 million$34 million$126 million
2002$70 million$37 million$34 million
2003$106 million$44 million$62 million
2004$117 million$86 million$31 million
2005$132 million$76 million$55 million
2006$171 million$99 million$72 million
2007$277 million$106 million$171 million
2008$235 million$125 million$110 million
2009$248 million$101 million$147 million
2010$363 million$163 million$200 million
2011$403 million$212 million$191 million
2012$407 million$266 million$141 million
2013$460 million$382 million$78 million
2014$521 million$408 million$113 million
2015$413 million$427 million-$14 million
2016$372 million$456 million-$85 million
2017$539 million$606 million-$67 million
2018$540 million$640 million-$100 million
2019$545 million$703 million-$158 million
2020$539 million$629 million-$90 million
2021$608 million$932 million-$324 million
2022$661 million$1 billion-$346 million
2023$635 million$930 million-$294 million
2024$566 million$1 billion-$477 million

What they sell each other

What New Zealand sells to Vietnam

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

  1. Powdered and condensed milk$148 million · 26.1%
    49 thousand tonnes · New Zealand’s destinations
  2. Apples and pears$76 million · 13.5%
    41 thousand tonnes
  3. Butter and milk fats$54 million · 9.6%
    8 thousand tonnes · New Zealand’s destinations
  4. Other food preparations$32 million · 5.6%
    1 thousand tonnes
  5. Sawn wood$29 million · 5.1%
    59 thousand tonnes
  6. Fresh milk and cream$26 million · 4.7%
    9 thousand tonnes
  7. Cheese$24 million · 4.3%
    5 thousand tonnes · New Zealand’s destinations
  8. 4 thousand tonnes
  9. Ferrous scrap$17 million · 3%
    54 thousand tonnes · Vietnam’s sources
  10. Chemical wood pulp$15 million · 2.7%
    25 thousand tonnes

What Vietnam sells to New Zealand

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

  1. Cameras and broadcast equipment$252 million · 24.2%
    207 tonnes
  2. Computers$52 million · 5%
    186 tonnes · Vietnam’s destinations
  3. Monitors and projectors$49 million · 4.7%
    2 thousand tonnes · Vietnam’s destinations
  4. Textile footwear$43 million · 4.1%
    608 tonnes
  5. Leather footwear$32 million · 3%
    414 tonnes
  6. Microphones and speakers$30 million · 2.8%
    341 tonnes
  7. Furniture$23 million · 2.2%
    3 thousand tonnes · Vietnam’s destinations
  8. 14 thousand tonnes
  9. 5 thousand tonnes
  10. 724 tonnes

How it travels

Estimated sea route from Auckland to Phu My.

The estimated sea route between Auckland and Phu My is 5,178 nautical miles (9,590 km) long: ≈ 12–15.5 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$1.2 billion · 73.8%
  2. Air$422 million · 26.2%

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

How much each matters to the other

Vietnam was New Zealand’s 13th largest trading partner (2% of its trade), and New Zealand was Vietnam’s 35th (0.2%).

Vietnam in New Zealand’s trade
1.8%
Vietnam’s rank among New Zealand’s partners
13th
New Zealand in Vietnam’s trade
0.2%
New Zealand’s rank among Vietnam’s partners
35th

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.