Trans-Pacific Partnership (TPP) – New Zealand

New Zealand (2014)

GDP ($ billions): 218.6
GDP per capita ($): 48,383
GDP growth rate (%): 3.2
Consumers (millions): 4.5
New Zealand’s Main Imports (from the world): Mineral fuel, oil; vehicles; machinery and mechanical appliances/parts; electric machinery; aircraft, spacecraft, and parts thereof

Canada's merchandise exports to New Zealand (2012-2014 annual average) (value in millions of Canadian dollars)
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Canada's merchandise exports to Mexico (2012-2014 annual average) (value in millions of Canadian dollars)

  • Agriculture and Agri-food (70.3)
  • Fish and Seafood Products (7.6)
  • Forestry Products (52.3)
  • Fertilizer Products (63.4)
  • Aerospace Products (42.9)
  • Other Industrial Products (207.4)

From 2012 to 2014, Canada exported an annual average of $444 million worth of merchandise to New Zealand.

New and Preferential Access to New Zealand in Areas of Key interest to Canada:

Industrial Goods:  Canada’s exports to New Zealand totalled $313.8 million (2012−14 average). Key products: machine parts; certain measuring or checking instruments and machines.

Agriculture: Canada’s exports to New Zealand totalled $70.3 million (2012−14 average). Key products: chocolate confectionery; frozen French fries; sugar confectionery.

Fish and Seafood: Canada’s exports to New Zealand totalled $7.6 million (2012−14 average). Key products: fats and oils of fish.

Wood and Other Forestry Products: Canada’s exports to New Zealand totalled $52.4 million (2012−14 average). Key products: wooden frames for paintings or photographs; certain builders’ joinery and carpentry; moulded wood.

Beyond Tariffs

Canada’s service industry will benefit from improved market access commitments in New Zealand in key sectors, such as:

  • professional services (e.g. integrated engineering, legal, and urban planning, and landscape architectural services);
  • environmental services;
  • construction services;
  • transportation services; and
  • other business services (e.g. management consulting and services related to management consulting).

With regard to temporary entry of business persons, new commitments will make it easier for Canadian businesses to temporarily move certain categories of business persons to New Zealand. These new commitments include enhanced access for Canadian business visitors, installers and servicers, and intra-corporate transferees into New Zealand.