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Written by Gyorgyi Macsai (Members’ Research Service) with Gaby Umbach (GlobalStat, EUI).
Our infographic provides an insight into the economic performance of Australia and New Zealand compared to the EU, and looks at the trade dynamics between the two blocs. Australia and New Zealand are among the most developed countries in the world. Although the COVID-19 pandemic interrupted economic growth in 2020, GDP per capita quickly recovered and reached all-time highs the following year. While low unemployment rates and stable currencies contribute to economic strength, rising public debt and increasing inflation affected the recovery process in 2021. Trade relations between the two blocs have been expanding over the past 15 years, mainly driven by exports of goods and services from the EU to Australia and New Zealand, while imports have been stagnating. Being third on the list of main trade partners, the EU accounts for 9 % of Australia and New Zealand’s trade with the world, while the latter represents 1.2 % of the EU’s total trade in goods.
Read this infographic at aglance on ‘Australia and New Zealand: Economic indicators and trade with EU‘ in the Think Tank pages of the European Parliament.
EU imports of services from AU and NZ (2021)
EU exports of services to AU and NZ (2021)
EU imports of goods from AU and NZ (2021
EU exports of goods to AU and NZ (2021)
AU and NZ main trade partners (2021)
EU main trade partners (2021)
Top EU partners (2021)
EU trade with Australia and New Zealand (2021)
Business environment and socio-economic indicators
FDI and remittances
Public finances, monetary and financial data
Total unemployment rate (% of total labour force)
Gross domestic product (GDP) per capita
Female labour force participation rate
Annual GDP growth (%)
Written by Gyorgyi Macsai (Members’ Research Service) with Gaby Umbach (GlobalStat, EUI).
Our infographic provides an insight into the economic performance of Australia and New Zealand compared to the EU, and looks at the trade dynamics between the two blocs. Australia and New Zealand are among the most developed countries in the world. Although the COVID-19 pandemic interrupted economic growth in 2020, GDP per capita quickly recovered and reached all-time highs the following year. While low unemployment rates and stable currencies contribute to economic strength, rising public debt and increasing inflation affected the recovery process in 2021. Trade relations between the two blocs have been expanding over the past 15 years, mainly driven by exports of goods and services from the EU to Australia and New Zealand, while imports have been stagnating. Being third on the list of main trade partners, the EU accounts for 9 % of Australia and New Zealand’s trade with the world, while the latter represents 1.2 % of the EU’s total trade in goods.
Read this infographic at aglance on ‘Australia and New Zealand: Economic indicators and trade with EU‘ in the Think Tank pages of the European Parliament.
EU imports of services from AU and NZ (2021)
EU exports of services to AU and NZ (2021)
EU imports of goods from AU and NZ (2021
EU exports of goods to AU and NZ (2021)
AU and NZ main trade partners (2021)
EU main trade partners (2021)
Top EU partners (2021)
EU trade with Australia and New Zealand (2021)
Business environment and socio-economic indicators
FDI and remittances
Public finances, monetary and financial data
Total unemployment rate (% of total labour force)
Gross domestic product (GDP) per capita
Female labour force participation rate
Annual GDP growth (%)