New Zealand’s Economy
New Zealand has a highly developed free-market economy, ranked as the 52nd largest national economy in the world based on nominal Gross Domestic Product (GDP), and the 62nd largest based on Purchasing Power Parity (PPP).
A significant portion of New Zealand’s needs is met through imports, with the value of imports accounting for around 26.05% of its GDP.
Indonesia meets approximately 2.88% of these needs, amounting to about $1.05 billion USD.
Despite this, New Zealand maintains a trade surplus of about $168 million USD, indicating that there is still substantial opportunity to increase imports from Indonesia.
