New Zealand and Taiwan

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Our relationship with Taiwan

While we do not maintain diplomatic relations with Taiwan, we do have a vibrant trading, economic and cultural relationship. We’re both members of APEC, the World Trade Organisation (WTO), a number of fisheries conventions and the Asian Development Bank. Taiwan is an important source of imports, tourism and investment, and an important export market for New Zealand.

As well as trade, we enjoy extensive people-to-people links. There are employment opportunities for New Zealanders in Taiwan, particularly in teaching, and the number of art and cultural exchanges is growing. Many Taiwanese have migrated to New Zealand since the 1990s, and we have a particularly strong Taiwanese population in Auckland. Tourism, education and business links have strengthened since a three-month visa waiver was introduced in November 2009.

Trade

Taiwan is our 7th-largest goods export market and 16th-largest source of imports as at April 2021. Our dairy, meat, fruit, seafood and forest products are very popular with the Taiwanese and we’re their largest supplier of dairy products as well as cherries.

New Zealand has an agreement on Economic Cooperation with the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu which was signed in 2013. Tariffs are being rapidly eliminated, opening up significant trading opportunities.

Find out more information about New Zealand's agreement on Economic Cooperation.

Economic 2021 (April)

Source: https://www.dgbas.gov.tw/mp.asp?mp=1

Population  23.5 million 
GDP  US$747 billion 
Real GDP growth 8.16%
GDP per head (US$ at PPP) US$30,981
Goods exports US$349 billion
Goods imports US$287 billion
Current account balance US$25.9 billion
Inflation 2.09%
Government debt (%GDP) 29.17%
Unemployment rate 3.64%

Goods trade year ending April 2021 (NZD)

Two-way trade 

$2.12 billion (+2%)

New Zealand's 7th largest goods trading partner 

Exports to Taiwan

$1.22 billion (-3.57%)

Top exports: dairy ($1223m, -3.57%), meat ($439m, -4.60%), fruit ($277m, +11.98%), wood ($66m, +14.89%)

Imports from Taiwan

$899 million (+5.65%)

Top imports: electrical machinery ($164m, +25.52%), reactors/boilers ($126m, +8.11%), vehicles ($99m, -3.43%), plastics/articles ($98m, -3.43%)

Services trade March 2020

(Due to COVID-19 border restrictions, the latest update is for March 2020)

Services trade 

New Zealand exports: $282 million

Services imports: $81 million 

Taiwan visitor arrivals  19 (-98.4%) of which 6 were visiting friends/relatives
New Zealand visitor departures 40 (-92.9%) departures to Taiwan
Taiwanese international students in New Zealand NIL

Working Holiday Schemes

Please note: due to COVID-19, the Working Holiday Scheme is currently on hold. 

New Zealanders aged between 18 and 30 can apply for a 12-month working holiday visa for Taiwan.

To apply, you can go to the Taipei Economic and Cultural Office in either Auckland or Wellington.

For more information, read the Taipei Economic and Cultural Office website(external link).

Taiwanese aged between 18-30 years can apply for a 12 month working holiday visa for New Zealand. There are 600 places available each year.

For more information please visit New Zealand Immigration(external link).

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