Foreign trade as a share of GDP reached 54.1 % in 2019 in New Zealand, according to the National Statistical Office. This is 2.53 % less than in the previous year.
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 % in. When compared to New Zealand's main peers, foreign trade as a share of GDP in Australia amounted to 45.7 %, 37.4 % in Indonesia, 123 % in Malaysia and 68.8 % in Philippines in 2019.
New Zealand has been ranked 126th within the group of 162 countries we follow in terms of foreign trade as a share of GDP, 5 places behind the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.