With just under $568 million in imports from Wisconsin in 2020, Australia ranks as the state’s seventh-largest export destination. Australia has remained an appealing and profitable market for Wisconsin companies for many years. Australia is a market that seeks innovative, advanced technology product and service solutions. Wisconsin companies will find it to be a friendly market with many potential buyers for their products and services—especially if they offer innovations that solve problems for companies in their respective sectors.
The U.S. is New Zealand’s third-leading trading partner, after China and Australia (parties with which New Zealand has free trade agreements). In 2020, imports from the U.S. totaled $3.6 billion and represented 9.66% of New Zealand’s total imports.
Key categories of exports to New Zealand include aircraft and parts, agricultural machinery, and medical and pharmaceutical products. There is room for growth in Wisconsin’s exports to New Zealand, which totaled just over $89 million in 2020 (down from $122 million the prior year).
Various Australia and New Zealand
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