Flag of nz

New Zealand Tariff Rate

New Zealand's tariff rate rose to 2.27% in 2022, up from 1.91% in 2021, according to World Bank. This represents an increase of 0.36% from the previous year. New Zealand has tariff rate lower than the global median (2.27% vs median 5.90%). Compared with the median in Oceania, New Zealand is lower (2.27% vs regional median 8.34%) and ranks 11th out of 12 countries in Oceania.

Yearly Historical Data (1992-2022)

(in %)
Year Tariff Rate (%)
2022 2.27%
2021 1.91%
2020 1.94%
2019 2.01%
2017 2.13%
2016 2.13%
2015 2.17%
2014 2.18%
2013 2.37%
2012 3%
2011 2.86%
2010 4.23%
2009 2.6%
2008 2.86%
2007 3.76%
2006 4.76%
2005 4.87%
2004 5.76%
2003 5.23%
2002 4.68%
2001 4.3%
2000 3.27%
1999 3.9%
1998 4.8%
1997 5.83%
1996 6.47%
1993 10.03%
1992 15.14%
New Zealand Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by New Zealand on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $42.83B $42.12B 2024
Annual Imports $47.57B $50.46B 2024
Balance of Trade NZD -1.4B NZD -1.2B Sep'25
Exports NZD 5.8B NZD 5.8B Sep'25
Exports (% GDP) 23.72% 24.05% 2023
FDI Inflows (% GDP) 1.21% 1.41% 2024
Imports NZD 7.2B NZD 7.1B Sep'25
Imports (% GDP) 26.69% 29.43% 2023
Net Trade (Goods & Services, BoP) -$6.2B -$9.38B 2024
Trade (% GDP) 50.41% 53.48% 2023