The New Zealand-United Kingdom Free Trade Agreement (NZ-UKFTA) is a landmark deal that entered into force on 31 May 2023. This comprehensive agreement reflects the unique and close bond between New Zealand and the UK, further strengthening our relationship by creating robust trade and investment ties. The NZ-UKFTA is one of the highest quality and most comprehensive free trade agreements that New Zealand has ever concluded, providing New Zealand preferential access to the UK’s NZ$3 trillion consumer market for the first time since the UK entered the European Union 50 years ago.

Market Access and Economic Benefits

The UK, being New Zealand’s seventh-largest trading partner, holds a crucial market for some key exports, with two-way goods and services trade worth NZ$5.3 billion. Over time, the UK will eliminate all tariffs on New Zealand exports, with 99.5% of current goods traded to the UK eventually becoming duty-free. This elimination of tariffs will allow New Zealand exporters to save approximately $37 million per year.

TradeWindow Origin: Your Trusted Partner for Certificates of Origin

As we celebrate the benefits of the NZ-UKFTA, it’s crucial to highlight the importance of certificates of origin for New Zealand exporters shipping goods to the UK. TradeWindow Origin is a digital certificates of origin service, available 24/7 for pre-approved goods, and is authorised by the New Zealand Customs Service to issue certificates of origin in New Zealand.

In September 2023, TradeWindow Origin released an update that includes the new functionality to issue digital certificates of origin under the NZ-UKFTA.

Why Choose TradeWindow Origin?

• Efficiency: Receive your authorised digital certificates of origin within minutes, allowing you to focus on other crucial tasks to fast-track your export documentation.
• Automation: Enjoy auto-approved certificates for preapproved goods, with weekday approval service available for certificates that contain goods requiring approval.
• Compliance: Ensure your exports from New Zealand are customs compliant, reducing your risk and giving you peace of mind over meeting compliance.
• Support: Benefit from a user-friendly solution with a local team of experts available to provide support and answer your questions.

In conclusion, the NZ-UKFTA brings many opportunities for New Zealand exporters, enhancing access to the UK market and promoting economic growth. To ensure seamless and efficient trading, leverage the innovative services of TradeWindow Origin for your certificate of origin needs. Take the first step towards fast, accurate, and automated certificates of origin by arranging a demo with TradeWindow Origin today.

For more information, visit TradeWindow Origin.