New Zealand and Taiwan
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.
Economic 2017 (March)
|Real GDP growth||1.8%|
|GDP per head (US$ at PPP)||US$49.982|
|Goods exports||US$314 billion|
|Goods imports||US$252 billion|
|Current account balance||US$62 billion|
|Government debt (%GDP)||31.6%|
Goods trade August 2016 (NZD)
New Zealand's 11th largest goods trading partner
Exports to Taiwan
Top exports: meat ($273m, +23%), dairy ($272m, -19% ,fruit ($262m, +32%) wood ($65m, -4.5%)
Imports from Taiwan
|Top imports: machinery ($112m), electrical machinery ($100m), plastics ($87m), vehicles and parts (mainly bicycles) (74m)|
|GDP per capita||US$46.783||(NZ GDP per capita is US$43,837)|
Services trade August 2016
New Zealand exports: $159 million
Services imports: $48 million
|Taiwan visitor arrivals||34,112 (+15%) of which 24,400 were holiday visitor arrivals|
|New Zealand visitor departures||11,180 (+4.5%) departures to Taiwan|
|Taiwanese international students in New Zealand||1,230 (Dec 2015)|
Taiwan is our 11th-largest export market and 14th-largest source of imports. Our dairy, meat, fruit, seafood and forest products are very popular with the Taiwanese and we’re their largest supplier of dairy products.
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.
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 betwenn 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).