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Our relationship with Taiwan
While we do not maintain diplomatic relations with Taiwan, we do have a vibrant trading, economic and cultural relationship. We’re both members of APEC, the World Trade Organisation (WTO), a number of fisheries conventions and the Asian Development Bank. Taiwan is an important source of imports, tourism and investment, and an important export market for New Zealand.
As well as trade, we enjoy extensive people-to-people links. There are employment opportunities for New Zealanders in Taiwan, particularly in teaching, and the number of art and cultural exchanges is growing. Many Taiwanese have migrated to New Zealand since the 1990s, and we have a particularly strong Taiwanese population in Auckland. Tourism, education and business links have strengthened since a three-month visa waiver was introduced in November 2009.
Taiwan is our 8th-largest export market and 16th-largest source of imports. Our dairy, meat, fruit, seafood and forest products are very popular with the Taiwanese and we’re their largest supplier of dairy products.
New Zealand has an agreement on Economic Cooperation with the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu which was signed in 2013. Tariffs are being rapidly eliminated, opening up significant trading opportunities.
Economic 2021 (April)
|Real GDP growth||8.16%|
|GDP per head (US$ at PPP)||US$30,981|
|Goods exports||US$349 billion|
|Goods imports||US$287 billion|
|Current account balance||US$25.9 billion|
|Government debt (%GDP)||29.17%|
Goods trade year ending April 2020 (NZD)
|Two-way trade||$2.12 billion (+2%)||New Zealand's 7th largest goods trading partner|
|Exports to Taiwan||$1.22 billion (-3.57%)||Top exports: dairy ($1223m, -3.57%), meat ($439m, -4.60%), fruit ($277m, +11.98%), wood ($66m, +14.89%)|
|Imports from Taiwan||$899 million (+5.65%)||Top imports: electrical machinery ($164m, +25.52%), reactors/boilers ($126m, +8.11%), vehicles ($99m, -3.43%), plastics/articles ($98m, -3.43%)|
Services trade March 2020
(Due to COVID-19 border restrictions, the latest update is for March 2020)
|Services trade||New Zealand exports: $282 million
Services imports: $81 million
|Taiwan visitor arrivals||19 (-98.4%) of which 6 were visiting friends/relatives|
|New Zealand visitor departures||40 (-92.9%) departures to Taiwan|
|Taiwanese international students in New Zealand||Nil|
New Zealanders aged between 18 and 30 can apply for a 12-month working holiday visa for Taiwan.
To apply, you can go to the Taipei Economic and Cultural Office in either Auckland or Wellington.
For more information, read the Taipei Economic and Cultural Office website(external link).
New Zealand does not have an embassy in Taiwan and Taiwan does not have an embassy in New Zealand. Trade and cultural interests are supported by the following offices: