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Since the 1990s, New Zealand has pursued free trade agreements as part of international trade policy with a goal (as of 2024) of 90% of exports covered by FTAs by 2030. [5] [6] New Zealand signed bilateral free trade agreements throughout the Asia-Pacific region through the 2000s including with significant trading partners China and the ASEAN bloc.
Free trade agreements of New Zealand; H. Hong Kong–New Zealand Closer Economic Partnership Agreement; M. Malaysia–New Zealand Free Trade Agreement; N.
The Agreement on Climate Change, Trade and Sustainability (ACCTS) is a proposed trade agreement between Costa Rica, Iceland, New Zealand and Switzerland.The deal will eliminate tariffs on hundreds of environmental goods and services alongside carbon emission reduction commitments. [1]
The 10 largest trading partners of New Zealand with their total trade (sum of imports and exports) in millions of New Zealand dollars and the total trade for all countries for the 2023 calendar year were as follows: [1] [2] [3] [4]
On 21 October, the New Zealand and United Kingdom Governments signed a free trade agreement eliminating tariffs on 97% of New Zealand exports to the UK. This free trade agreement is worth NZ$970 million and will eliminate tariffs on all New Zealand exports including honey, wine, kiwifruit, onions, most industrial products.
On 31 October, Trade Minister McClay confirmed that New Zealand had reached a free trade agreement with the six-member Gulf Cooperation Council (GCC). As part of the agreement, tariffs would be lifted on 51% of New Zealand exports to GCC member states while 99% of New Zealand exports to the GCC would become duty-free over a period of 10 years ...
New Zealand Trade and Enterprise (NZTE) is New Zealand's international business development agency. Its role is to support New Zealand’s economic growth by helping businesses grow bigger, better, faster in international markets. NZTE's strategy supports the Government's target to double the value of New Zealand’s exports by 2033/34.
This agreement removes tariffs on 99.5% of New Zealand exports including meat, butter and cheese. New Zealand Prime Minister Jacinda Ardern described the free trade agreement as a "gold-standard free trade agreement" that would help accelerate the country's economic recovery. [6] This free trade agreement came into force on 31 May 2023. [7] [8]