The United States and New Zealand engage regularly to discuss trade and investment issues, including under our 1992 Trade and Investment Framework Agreement. The latest information regarding significant trade barriers can be found in the 2024 National Trade Estimate Report, see here.
New Zealand Trade Summary
U.S. goods and services trade with New Zealand totaled an estimated $16.6 billion in 2024, up 3.2 percent ($509.9 million) from 2023.
U.S. total goods trade (exports plus imports) with New Zealand was an estimated $10.1 billion in 2024. U.S. goods exports to New Zealand in 2024 were $4.5 billion, up 3.2 percent ($138.8 million) from 2023. U.S. goods imports from New Zealand in 2024 totaled $5.6 billion, up 1.3 percent ($73.1 million) from 2023. The U.S. goods trade deficit with New Zealand was $1.1 billion in 2024, a 5.5 percent decrease ($65.7 million) over 2023.
U.S. total services trade (exports plus imports) with New Zealand totaled an estimated $6.5 billion in 2024. U.S. services exports to New Zealand in 2024 were $3.7 billion, up 2.8 percent ($102 million) from 2023. U.S. services imports from New Zealand in 2024 were $2.8 billion, up 7.5 percent ($196 million) from 2023. The U.S. services trade surplus with New Zealand was $914 million in 2024, a 9.3 percent decrease ($94 million) over 2023.