New Zealand and Brazil agree Trade and Investment Dialogue
New Zealand and Brazil will establish a Trade and Investment Dialogue to strengthen economic ties, including trade negotiations and WTO reform cooperation.
New Zealand and Brazil have agreed to establish a Trade and Investment Dialogue to enhance collaboration on trade and economic issues. Trade and Investment Minister Todd McClay highlighted the initiative as a commitment to deepen bilateral relationships amid global trade uncertainty. The dialogue will also address World Trade Organization reform and explore ways to expand trade negotiations between the two countries.
The announcement follows a meeting of senior officials from both nations in Brasília in September, underscoring the long-standing partnership between New Zealand and Brazil. Over the past six decades, the countries have developed close ties in trade, education, and cultural exchanges, reinforcing their shared commitment to open, rules-based trade systems.
Two-way trade between New Zealand and Brazil reached NZ$528 million in the year ending March 2026. New Zealand’s exports to Brazil totalled NZ$205 million, including travel services, pharmaceuticals, fruits and nuts, mechanical machinery, and electrical machinery and equipment.
Brazilian exports to New Zealand were valued at NZ$323 million, comprising coffee, tea and spices, wood pulp, pharmaceuticals, and animal feed. The first meeting of the dialogue will be scheduled after Brazil’s elections on 25 October and New Zealand’s election on 7 November.