Coach Fernando Santos has dropped Eder, who scored the winning extra-time goal in the UEFA Euro 2016 final against France, and rising star Renato Sanches from his squad.
Sanches has been touted as the successor to Ronaldo, when he retires.
New Zealand are scheduled to meet Portugal in their final Confederations Cup pool game on June 25 (NZT).
The full Portugal squad is:
Goalkeepers: Rui Patricio (Sporting Lisbon), Beto (Sporting), Jose Sa (FC Porto)
Defenders: Bruno Alves (Cagliari), Cedric Soares (Southampton), Eliseu (Benfica), Nelson Semedo (Benfica), Jose Fonte (West Ham), Luis Neto (Zenit St. Petersburg), Pepe (Real Madrid), Raphael Guerreiro (Borussia Dortmund)
Midfielders: Adrien Silva (Sporting), Andre Gomes (Barcelona), Danilo Pereira (FC Porto), Joao Mario (Inter Milan), Joao Moutinho (Monaco), Pizzi (Benfica), William Carvalho (Sporting Lisbon)
Forwards: Andre Silva (FC Porto), Bernardo Silva (Monaco), Cristiano Ronaldo (Real Madrid), Gelson Martins (Sporting Lisbon), Ricardo Quaresma (Besiktas), Nani (Valencia)