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Foreign Trade (As % of GDP) fell 18.6% to 44.2% in New Zealand in 2020

Foreign Trade (As % of GDP) (%), 2020
Economy | New Zealand | December 1, 2022
$2.99
Excel Sheet

Foreign trade as a share of GDP fell 18.6% to 44.2% in New Zealand in 2020, according to the National Statistical Office.

Historically, foreign trade as a share of GDP in New Zealand reached an all time high of 68.5% in 2000 and an all time low of 44.2% in 1971. When compared to New Zealand's main peers, foreign trade as a share of GDP in Australia amounted to 44.2%, 33.0% in Indonesia, 117% in Malaysia and 58.2% in Philippines in 2020.

New Zealand has been ranked 131st within the group of 163 countries we follow in terms of foreign trade as a share of GDP, 12 places below the position seen 10 years ago.

Foreign Trade (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Australia % 41.6% 40.8% 42.0% 43.4% 45.8%
Cambodia % 128% 127% 125% 125% 124%
China % 39.5% 36.9% 37.6% 37.6% 35.9%
Indonesia % 41.9% 37.4% 39.4% 43.1% 37.6%
Malaysia % 131% 127% 133% 130% 123%
New Zealand % 54.9% 52.5% 54.2% 55.8% 54.3%
Papua New Guinea % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Philippines % 59.1% 61.8% 68.2% 72.2% 68.8%
Singapore % 329% 303% 316% 324% 322%
Taiwan % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Thailand % 125% 121% 121% 121% 110%
Vietnam % 145% 145% 161% 165% 165%