Home > Trade > New Zealand – China trade update

New Zealand – China trade update

Below are some statistics showing the changes in trade between New Zealand and China.

On 7th April 2008 New Zealand became the first OECD country to sign a free trade deal with China. However this is not the only first with regard to the relationship between the two countries. New Zealand was the first to negotiate a WTO accession agreement with China as well as the first to recognize China as a “market economy”. With this in mind, the Chinese government have acknowledged the support of New Zealand by granting them the first bi-lateral agreement with a western nation. The table below shows how the value of trade has increased as well as the ranking of particular goods and services.

Main goods exports to China:

  •   milk powder, butter, and cheese ($2,419 million)
  •   logs, wood, and wood articles ($1,551million)
  •   meat and edible offal ($1,211 million)

Main services exports to China:

  • personal travel ($1,528 million)
  • education travel ($673 million)
  •  transportation services ($161 million)

 

NZ Trade with China 2010 2015

Source: Statistics New Zealand

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