In 2025, Japan sold USD 2.18 billion of goods to New Zealand and bought USD 2.58 billion from it. The DESTA database lists 2 trade agreements that include both countries, the most recent being Comprehensive and Progressive Agreement for Transpacific Partnership (CPTPP) (2018). Both are members of the OECD and APEC. Their agreement score in UN General Assembly voting was 91 percent in 2023, and 90 percent on average over 2019 to 2023.
Benefits
BothTrade in goods runs both ways in similar amounts: Japan sold USD 2.18 billion and New Zealand sold USD 2.58 billion in 2025.
BothComprehensive and Progressive Agreement for Transpacific Partnership (CPTPP), signed 2018 and in force since 2018.
BothBoth are members of the OECD and APEC.
Constraints
BothTwo-way trade in mineral fuels and oils is 52 percent below its 2022 peak of USD 481 million.
BothFlows are one-sided: in 2025, New Zealand sold USD 1.60 billion of agricultural and food products, against USD 34.5 million the other way.
BothFlows are one-sided: in 2025, Japan sold USD 1.62 billion of machinery, vehicles and iron and steel, against USD 34.3 million the other way.