Trade openness — all countries

Trade openness — New Zealand

Trade openness in New Zealand in 2024 — 50.66%. Ranked 131 in the world out of 172. Since 1970, the indicator has risen by 3.5 pp.

2024 50.66% +0.8 pp vs 2023
World rank 131of 172
Period maximum 68.52%2000
Period minimum 43.83%2020

Trend over time

1970–2024 · % of GDP

Trade openness — New Zealand, 1970–20244050607019701976198219881994200020062012201820241970: 47.16%1971: 44.19%1972: 45.86%1973: 47.86%1974: 53.55%1975: 53.13%1976: 55.94%1977: 53.9%1978: 52.54%1979: 58.81%1980: 58.69%1981: 58.88%1982: 58.44%1983: 57.99%1984: 66.2%1985: 60.74%1986: 52.77%1987: 50.01%1988: 48.4%1989: 51.98%1990: 52.61%1991: 54.64%1992: 59.23%1993: 57.55%1994: 58.81%1995: 56.91%1996: 55.12%1997: 55.25%1998: 57.9%1999: 61.4%2000: 68.52%2001: 67.23%2002: 62.66%2003: 57.91%2004: 58.8%2005: 58.02%2006: 59.6%2007: 58.43%2008: 64.26%2009: 55.01%2010: 58.1%2011: 59.18%2012: 56.93%2013: 56.01%2014: 55.12%2015: 54.87%2016: 52.48%2017: 54.28%2018: 55.91%2019: 54.46%2020: 43.83%2021: 48.43%2022: 53.21%2023: 49.87%2024: 50.66%
Change over the period: +3.5 pp Annual average: 0.06 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: New Zealand

New Zealand 50.66%
World 56.72%
Australia and New Zealand computed 47.6%
High-income countries computed 59.77%
Trade openness — New Zealand, by year New Zealand All countries CSV XLSX
Year % Change, pp
2024 50.66 +0.8 pp
2023 49.87 −3.34 pp
2022 53.21 +4.78 pp
2021 48.43 +4.61 pp
2020 43.83 −10.63 pp
2019 54.46 −1.45 pp
2018 55.91 +1.63 pp
2017 54.28 +1.8 pp
2016 52.48 −2.4 pp
2015 54.87 −0.25 pp
2014 55.12 −0.88 pp
2013 56.01 −0.92 pp
2012 56.93 −2.26 pp
2011 59.18 +1.08 pp
2010 58.1 +3.09 pp
2009 55.01 −9.25 pp
2008 64.26 +5.84 pp
2007 58.43 −1.18 pp
2006 59.6 +1.58 pp
2005 58.02 −0.78 pp
2004 58.8 +0.88 pp
2003 57.91 −4.74 pp
2002 62.66 −4.58 pp
2001 67.23 −1.28 pp
2000 68.52 +7.12 pp
1999 61.4 +3.51 pp
1998 57.9 +2.65 pp
1997 55.25 +0.13 pp
1996 55.12 −1.8 pp
1995 56.91 −1.9 pp
1994 58.81 +1.26 pp
1993 57.55 −1.68 pp
1992 59.23 +4.6 pp
1991 54.64 +2.03 pp
1990 52.61 +0.63 pp
1989 51.98 +3.57 pp
1988 48.4 −1.6 pp
1987 50.01 −2.76 pp
1986 52.77 −7.97 pp
1985 60.74 −5.46 pp
1984 66.2 +8.21 pp
1983 57.99 −0.45 pp
1982 58.44 −0.43 pp
1981 58.88 +0.18 pp
1980 58.69 −0.11 pp
1979 58.81 +6.26 pp
1978 52.54 −1.35 pp
1977 53.9 −2.05 pp
1976 55.94 +2.81 pp
1975 53.13 −0.42 pp
1974 53.55 +5.69 pp
1973 47.86 +2.01 pp
1972 45.86 +1.67 pp
1971 44.19 −2.98 pp
1970 47.16

Australia and New Zealand, 2024

The same indicator for neighboring countries — with links to their pages

NZ New Zealand 50.66 AU Australia 47.15

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

Source: World Development Indicators (World Bank), license CC BY 4.0.