Latest News – New UK Trade Deal with New Zealand

A comprehensive trade agreement with New Zealand will cut red tape for businesses, end tariffs on UK exports and create new opportunities for tech and services companies, while making it easier for UK professionals to live and work in New Zealand.

UK-New Zealand trade was worth £2.3 billion last year and is set to grow under the deal. The deal will remove barriers to trade and deepen access for our advanced tech and services companies, while making it easier for smaller businesses to break into the New Zealand market.

Tariffs as high as 10% will be removed on a huge range of UK goods, from clothing and footwear to buses, ships, bulldozers and excavators, giving British exporters an advantage over international rivals in the New Zealand import market - a market which is expected to grow by around 30% by 2030. High-quality New Zealand products loved by British consumers, from Sauvignon Blanc wine to Manuka honey and kiwi fruits, could be cheaper to buy.

If your business is concerned about the impact of international trade agreements, please talk to our team >>

Useful links:

See all documents relating to the free trade agreement: https://www.gov.uk/government/collections/uk-new-zealand-free-trade-agreement

Read the full press release here.

The final factsheets have been posted on LinkedIn here.

Read the benefits for the sector here

Ten key benefits: