Surge in trade with New Zealand
Bilateral trade hit NZD1.7 billion in the first eight months of 2022, up 21.4 percent from the same period of 2021 (NZD1.4 billion). Major Vietnamese exports included tea and coffee that yielded NZD9.13 million (up 52 percent), ceramic and porcelain products worth NZD6.7 million (up 108 percent), paper and paper products NZD8.9 million (up 48 percent), iron and steel NZD13.6 million (up 36.8 percent), and textiles and garments NZD173.69 million (up 22.8 percent).
![]() |
Coffee has become a major Vietnamese export to New Zealand |
The Vietnam Trade Office in New Zealand said that most of Vietnam’s exports achieved double-digit growth, and only several construction material exports decreased due to increased prices and importers’ falling demand.
Vietnam’s exports to New Zealand are expected to grow further due to the two countries’ memberships in multilateral free trade agreements, including the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP) agreement, which reduce or remove tariff and non-tariff barriers.
According to the Vietnam Trade Office in New Zealand, these agreements help increase Vietnamese goods’ competitiveness compared with exports from countries without FTAs with New Zealand. In the context of the US-China trade war and COVID-19, many countries and businesses are considering shifting their supply chains out from China, and more and more businesses in New Zealand are looking for Vietnamese suppliers, especially in the field of textile and garment, and construction materials.
![]() |
The Ministry of Industry and Trade is creating conditions to boost dragon fruit exports to New Zealand |
According to the office, New Zealand applies strict technical barriers and standards to farm produce, seafood and food imports, and has so far licensed mango, dragon fruit, rambutan, tra fish and processed food imports from Vietnam. However, high transportation costs cut into the price competitiveness of Vietnamese products compared to those from Australia, China, and India.
Under the new-generation free trade agreements, import taxes on all Vietnamese goods imported into New Zealand have been eliminated since early 2020 in accordance with the CPTPP and since January 2022 in compliance with the RCEP. Thanks to the development requirement in the post-COVID-19 period and the recovering consumption and travel demands, economic cooperation and trade between Vietnam and New Zealand are likely to expand, according to the office.
The Vietnam Trade Office in New Zealand stressed the need for a systematic and long-term strategy to promote exports to New Zealand, focusing on creating a smooth legal corridor for the export of farm produce, forest products and seafood. It also recommends asking New Zealand to further widen its door to Vietnamese farm produce and aquatic products, as well as building value chains and improving food processing technologies to enhance product quality, and strengthening trade promotion activities. |
See also

Hong Kong pioneers a sustainable future for an 'Asian century'
06:01 | 23/01/2023 Cooperation

Rosy prospects for Vietnam-Argentina trade
06:00 | 04/01/2023 Vietnam and other regions

Multilateral cultural diplomacy helps Vietnam shine at UNESCO: official
16:02 | 03/01/2023 Vietnam and other regions

Expanded trade opportunities with US
06:00 | 31/12/2022 Vietnam and other regions

Efforts underway to boost trade with UK
06:00 | 29/12/2022 Vietnam and other regions

FTAs boost Vietnam-Latin America trade
06:00 | 27/12/2022 Vietnam and other regions
See more news

Saskatchewan enhances cooperation with Vietnam
16:14 | 16/12/2022 Vietnam and other regions

Vietnam, Philippines boost economic cooperation
06:00 | 14/12/2022 Vietnam and other regions

Vietnam, Cambodia create new impetus for relations
13:00 | 24/11/2022 Vietnam and other regions

PM Jacinda Ardern leads New Zealand trade delegation to renew connection with Vietnam
16:35 | 17/11/2022 Vietnam and other regions

Vietnam, Malaysia target trade growth
06:00 | 02/11/2022 Vietnam and other regions

Room remains to amplify Vietnam-Germany cooperation: diplomat
08:00 | 11/10/2022 Vietnam and other regions

How does UK benefit from sales to Vietnam?
06:00 | 14/09/2022 Vietnam and other regions

Artists Cơ, Nghiệp set Guinness World Record in last int'l show
06:00 | 08/02/2023 Lifestyle

Industrial production: Achievements and lessons
06:00 | 08/02/2023 Industry

PM Chính's visit to enhance Singapore-Việt Nam relations: Singaporean FM
15:36 | 07/02/2023 Vietnam and ASEAN

JTI Vietnam certified as Top Employer for 3rd year
15:05 | 07/02/2023 Companies

Agro-forestry-fishery exports reach 3.7 billion USD in January
11:26 | 07/02/2023 Major exports
Multimedia

The woman who revived Kim Hoang folk paintings
06:00 | 04/02/2023 Entertainment

Artists Cơ, Nghiệp set Guinness World Record in last int'l show
06:00 | 08/02/2023 Lifestyle

The unique Giong Festival of Hanoi
09:00 | 07/02/2023 Photo

Ministry of Industry and Trade: New posture and mindset for the new development period
11:41 | 17/01/2023 Longform

Socioeconomic development targets in 2023
06:00 | 05/02/2023 Infographic

Screening tools to enhance FDI quality
06:00 | 05/02/2023 Policy

Prime Minister demands faster disbursement of public investment capital
17:29 | 03/02/2023 Policy

Deputy FM highlights role of economic diplomacy in service of national development
11:05 | 01/02/2023 Policy

Việt Nam supports expansion of UN Security Council
06:00 | 30/01/2023 Policy

Industrial production: Achievements and lessons
06:00 | 08/02/2023 Industry

Food and beverage industry to do well this year despite modest economy
13:00 | 03/02/2023 Industry

Moving ahead with 2023’s Global Priorities: Electrification and Decarbonization
15:05 | 02/02/2023 Industry

Hanoi eyes 950 firms in support industries this year
06:00 | 02/02/2023 Support industries

Hanoi, HCM City record highest disbursement of public investment capital in January
08:20 | 07/02/2023 Domestic investment

Hai Phong pledges optimal conditions for investors
09:00 | 04/02/2023 FDI

Greening foreign investment
06:00 | 03/02/2023 FDI

Southeast region prepares for new FDI wave
09:18 | 02/02/2023 FDI

Foreign investors remain optimistic about Vietnamese stock market
09:03 | 06/02/2023 Stock Market

Tax revenue up 4.4 percent year-on-year in January
08:40 | 03/02/2023 Finance-Banking

State-owned banks under capital increase pressure
10:52 | 01/02/2023 Finance-Banking

Positive prospects for Vietnam’s stock market this year
14:48 | 31/01/2023 Stock Market

Vietnam looks ahead to 2023 climate summit
06:00 | 25/12/2022 Environment

Preserving nature, facilitating business
06:00 | 10/12/2022 Environment

AkzoNobel Vietnam protects Cu Lao Xanh lighthouse against harsh weather
11:40 | 24/11/2022 Environment

JTI Vietnam commits to net zero greenhouse gas emissions
16:25 | 15/11/2022 Environment

Seven technologies to watch in 2023
06:00 | 07/02/2023 Science - Technology

Technology trends to watch in 2023
06:00 | 05/02/2023 Science - Technology

Managed security provides IT talent gap solution for businesses in SEA
16:34 | 30/01/2023 Information technology

Headquarters of Vietnam-Korea Institute of Science and Technology inaugurated
09:23 | 30/01/2023 Science - Technology

Illegal fishing tackled with drastic measures to remove 'yellow card'
11:13 | 07/02/2023 Society

Hunting for real estate investment opportunities after Tet
09:32 | 03/02/2023 Property

Vietnamese university up 97 places in Webometrics ranking
10:00 | 02/02/2023 Society

PM inspects national key transport projects
09:36 | 31/01/2023 Society

JTI Vietnam certified as Top Employer for 3rd year
15:05 | 07/02/2023 Companies

Doosan Vina and Chung Ang University continue educational CSR program
10:32 | 06/02/2023 Vietnamese Brands

Nestlé Vietnam and the journey to sustainable development
13:00 | 10/01/2023 Companies

VIMC embarks on strong recovery
06:00 | 10/01/2023 Companies

Artists Cơ, Nghiệp set Guinness World Record in last int'l show
06:00 | 08/02/2023 Lifestyle

The unique Giong Festival of Hanoi
09:00 | 07/02/2023 Photo

Late artist Nguyen Tu Nghiem's works on display in rare exhibition
08:00 | 07/02/2023 Lifestyle

The woman who revived Kim Hoang folk paintings
06:00 | 04/02/2023 Entertainment

About nine million Vietnamese travel during Tet holiday, revenues down
09:00 | 07/02/2023 Tourism

18,000 tourists spend US$18.3 million on foreign tours during Lunar New Year
08:00 | 05/02/2023 Tourism

Vietnam listed among top places to visit in the New Year
06:00 | 04/02/2023 Tourism

Five-day holiday for workers during Reunification Day period
06:00 | 03/02/2023 Tourism