Hong Kong - New Zealand Trade Relations

New Zealand and Hong Kong are Important Trading Partners

  • In 2024, New Zealand was Hong Kong's 43rd largest trading partner. Hong Kong was New Zealand's 20th largest trading partner in 2024.
  • Total merchandise trade between Hong Kong and New Zealand amounted to HK$7.6 billion in 2024, increased by 5.8% from 2023. The average annual growth rate from 2020 to 2024 was -3.4%.
  • In 2024, Hong Kong's domestic export of goods to New Zealand amounted to HK$0.09 billion. Major domestic exports to New Zealand included plastics in non-primary forms; jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semi-precious materials; and miscellaneous edible products and preparations.
  • Hong Kong's re-export of goods to New Zealand totalled HK$2.9 billion. Major re-exports were telecommunications and sound recording and reproducing apparatus and equipment; photographic apparatus, equipment and supplies and optical goods; watches and clocks; and office machines and automatic data processing machines.
  • In 2024, Hong Kong imported HK$4.6 billion worth of goods from New Zealand. Major imports included dairy products and birds' eggs; vegetables and fruit; and meat and meat preparations.
  • Hong Kong and New Zealand signed the Hong Kong, China - New Zealand Closer Economic Partnership Agreement (CEP Agreement) in March 2010. The CEP Agreement entered into force on 1 January 2011. It facilitates trade in goods and services between Hong Kong and New Zealand and opens up new business opportunities. It also strengthens the trade and investment ties between the two economies. Please click here for more information.

Hong Kong is an Important Entrepot for Mainland-New Zealand Trade

  • Hong Kong is an important entrepot for merchandise trade between New Zealand and the Mainland of China. Re-export trade between the two economies through Hong Kong amounted to HK$ 5.6 billion in 2024.

Hong Kong is an Important Location for New Zealand Interests

  • Hong Kong is a separate customs territory recognised by the World Trade Organization as a member.
  • Hong Kong welcomes overseas investment and offers an environment in which there is a free flow of capital and return on investment without exchange controls.
  • In the survey covering about 9 960 companies in Hong Kong with parent companies located outside Hong Kong in June 2024, there were less than 5 regional headquarters, less than 5 regional offices and around 10 local offices in Hong Kong with their parent companies located in New Zealand*.
  • Hong Kong and New Zealand signed an Investment Promotion and Protection Agreement (IPPA) and the IPPA entered into force in August 1995. Please click here for more information.
  Summary of Hong Kong's Merchandise Trade with New Zealand
(in HK$ million)
  2023 % Change
2023/2022		 2024 % Change
2024/2023
Domestic Exports 62 -9.8 87 +38.9
Re-exports 3,180 -1.8 2,894 -9.0
Total Exports 3,243 -1.9 2,981 -8.1
Imports 3,952 -10.4 4,630 +17.2
Total Trade 7,194 -6.8 7,611 +5.8

Note:

*

Figures are rounded to the nearest ten.

While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.

Trade and Industry Department
The Government of the Hong Kong
Special Administrative Region

Telephone: (852) 2398 5594
Website: www.tid.gov.hk

February 2025

2025-03-21
39089
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