Key facts on New Zealand-China trade
New Zealand and China are close trading partners. China is New Zealand’s largest trading partner, with two-way trade (exports and imports of goods and services) recently exceeding NZ$32 billion.
China is the world’s second largest economy and most populous country. Its sizeable and growing middle class offers significant opportunities for New Zealand exporters and investors.
New Zealand exports to China
New Zealand exports to China total $18.9 billion, comprising $15.6 billion in goods and $3.3 billion in services.
New Zealand's major goods exports include:
- Dairy (milk powder, butter and cheese)
- Wood products
- Meat products
- Preparations of cereals, flour and starch
New Zealand's major services exports include:
- Financial services
- Other transportation services
New Zealand imports from China
New Zealand imports from China are $13.3 billion, comprising $12.5 billion in goods and $800 million in services.
New Zealand's major imports from China include:
Trade figures correct as at June 2019: Source MBIE Trade Intelligence Dashboard