Applied tariffs
Simple average MFN applied
2024
*
1.9 %
Trade-weighted MFN average
2024
*
2.4 %
Share of MFN duty-free
2024
66.1 %
Bound tariffs
Simple average bound
*
9.6 %
Binding coverage
100.0 %
Share of bound duty-free
50.0 %
Imports
Total imports: 44,629.2 million USD in 2024
Imports by partner
China
21.5 %
9,595.2
million USD
European Union
14.5 %
6,450.8
million USD
Australia
11.1 %
4,932.4
million USD
United States of America
10.7 %
4,778.1
million USD
Korea, Republic of
8.5 %
3,814.3
million USD
Japan
5.5 %
2,432.8
million USD
Singapore
5.0 %
2,212.5
million USD
Thailand
3.8 %
1,684.1
million USD
United Kingdom
3.0 %
1,318.7
million USD
Malaysia
2.8 %
1,267.8
million USD
Rest of the World
13.8 %
6,142.5
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
8.6 %
3,826.1
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
4.2 %
1,860.2
million USD
841191
Parts of turbojets or turbopropellers, n.e.s.
2.4 %
1,060.4
million USD
880240
Aeroplanes and other powered aircraft of an of an unladen weight > 15.000 kg (excl. helicopters, dirigibles and unmanned of heading 8806)
1.8 %
801.7
million USD
870340
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion (excl. vehicles for travelling on snow, other specially designed vehicles of subheading 8703.10 and plug-in hybrids)
1.8 %
800.5
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
1.7 %
748.3
million USD
870323
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.6 %
710.9
million USD
851713
Smartphones for wireless networks
1.5 %
662.8
million USD
847130
Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a central processing unit, a keyboard and a display (excl. peripheral units)
1.2 %
523.6
million USD
851762
Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
1.2 %
521.8
million USD
Rest of the products
74.2 %
33,113.0
million USD
Exports
Total exports: 42,165.4 million USD in 2024
Exports by destination
China
25.4 %
10,729.8
million USD
United States of America
12.8 %
5,413.1
million USD
Australia
12.6 %
5,329.2
million USD
European Union
5.8 %
2,443.8
million USD
Japan
5.3 %
2,253.6
million USD
Korea, Republic of
2.8 %
1,197.6
million USD
United Kingdom
2.5 %
1,036.9
million USD
Singapore
2.4 %
1,032.2
million USD
Other Countries, n.e.s.
2.3 %
985.3
million USD
Indonesia
2.3 %
981.1
million USD
Rest of the World
25.5 %
10,762.7
million USD
Exports by products HS 2022
040221
Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened
11.2 %
4,705.3
million USD
081050
Fresh kiwifruit
5.0 %
2,101.4
million USD
020230
Frozen, boneless meat of bovine animals
4.8 %
2,038.1
million USD
040510
Butter (excl. dehydrated butter and ghee)
4.1 %
1,747.0
million USD
440321
Pine "Pinus spp." in the rough, of which the smallest cross-sectional dimension is =>15 cm, whether or not stripped of bark or sapwood, or roughly squared (excl. wood in the form of railway sleepers; wood cut into beams, etc.; wood treated with paint, stains, creosote or other preservatives)
3.5 %
1,484.9
million USD
020442
Frozen cuts of sheep, with bone in (excl. carcases and half-carcases)
3.3 %
1,370.5
million USD
190110
Food preparations for infant use, put up for retail sale, of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and of milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s.
2.9 %
1,227.7
million USD
040210
Milk and cream in solid forms, of a fat content by weight of <= 1,5%
2.9 %
1,219.5
million USD
040590
Fats and oils derived from milk, and dehydrated butter and ghee (excl. natural butter, recombined butter and whey butter)
2.6 %
1,084.3
million USD
040690
Cheese (excl. fresh cheese, incl. whey cheese, curd, processed cheese, blue-veined cheese and other cheese containing veins produced by "Penicillium roqueforti", and grated or powdered cheese)
2.0 %
838.0
million USD
Rest of the products
57.7 %
24,348.8
million USD
Preferential regimes provided by New Zealand
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New Zealand as a beneficiary based on other economies reported preferential regimes
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