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2022
Flag → Flag
Exports $367MRnk 75 / 218
2022
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Top Product $51.1MCars
2022
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Exports $146MRnk 32 / 210
2022
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Top Product $32MOther Fruits
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
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2022
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 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

Spain-New Zealand Trade: In 2022, Spain exported $367M to New Zealand. The main products that Spain exported to New Zealand were Cars ($51.1M), Pig Meat ($31.2M), and Pure Olive Oil ($17.3M). Over the past 5 years the exports of Spain to New Zealand have increased at an annualized rate of 4.34%, from $296M in 2017 to $367M in 2022.

In 2022, Spain did not export any services to New Zealand.

New Zealand-Spain Trade: In 2022, New Zealand exported $146M to Spain. The main products that New Zealand exported to Spain were Other Fruits ($32M), Molluscs ($11.5M), and Casein ($11.4M). Over the past 5 years the exports of New Zealand to Spain have decreased at an annualized rate of 2.79%,  from $169M in 2017 to $146M in 2022.

In 2018, New Zealand exported services to Spain worth $195M, with Travel ($175M), Royalties and license fees ($11.7M), and Other business services ($5.52M) being the largest in terms of value.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €25.7M and imported €27.9M from New Zealand, resulting in a negative trade balance of €2.13M. Between September 2023 and September 2024 the exports of Spain have increased by €6.45M (33.4%) from €19.3M to €25.7M, while imports increased by €9.87M (54.8%) from €18M to €27.9M.

Trade In September 2024, the top exports of Spain to New Zealand were Cars (€8.66M), Pig Meat (€2.7M), Delivery Trucks (€2.16M), Tractors (€1.76M), and Vegetable Saps (€1.01M). In September 2024 the top imports of Spain from New Zealand were Other Non-Metal Removal Machinery (€1.58M), Molluscs (€1.21M), Non-fillet Frozen Fish (€1.09M), Sawn Wood (€942k), and Fish Fillets (€724k).

Origins In September 2024 the exports of Spain were mainly from Barcelona (€5.29M), Valencia (€3.29M), Sevilla (€1.84M), Madrid (€1.63M), and Girona (€1.12M), while imports destinations were mainly Tarragona (€14.6M), Barcelona (€3.93M), Madrid (€2.89M), Cantabria (Santander) (€1.07M), and Valencia (€821k).

Growth In September 2024, the increase in Spain's year-by-year exports to New Zealand was explained primarily by an increase in product exports in Cars (€5.74M or 197%), Tractors (€1.65M or 1.43k%), and Delivery Trucks (€1.47M or 215%). In September 2024, the increase in Spain's year-by-year imports  from New Zealand was explained primarily by an increase in product imports  in Other Non-Metal Removal Machinery (€1.58M or 93.6k%), Sheep and Goat Meat (€424k or 5.95k%), and Sawn Wood (€218k or 30%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)€6.45M(33.4%)
IMPORT GROWTH (September 2023 - September 2024)€9.87M(54.8%)
MAIN EXPORTER (September 2024)Barcelona€5.29M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check New Zealand and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore New Zealand and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $367M to New Zealand. The main products exported from Spain to New Zealand were Cars ($51.1M), Pig Meat ($31.2M), and Pure Olive Oil ($17.3M). During the last 5 years the exports of Spain to New Zealand have increased at an annualized rate of 4.34%, from $296M in 2017 to $367M in 2022.

In 2017, New Zealand exported $146M to Spain. The main products exported from New Zealand to Spain were Other Fruits ($32M), Molluscs ($11.5M), and Casein ($11.4M). During the last 5 years the exports of New Zealand to Spain have decreased at an annualized rate of 2.79%, from $169M in 2022 to $146M in 2017.

Exports from Spain (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
New Zealand
Top DestinationChina$13.1B

This map shows whether countries import more from Spain or New Zealand. Each country is colored based on the difference in imports they receive from Spain and New Zealand or the difference in the growth in imports.

In 2022, countries that imported more from Spain than New Zealand included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from New Zealand than Spain included China ($13.1B), Australia ($5.35B), and Indonesia ($1.33B).

Difference in imports from New Zealand (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - New Zealand

Flow
Scale

This chart compares trade between Spain and New Zealand by product, considering products traded by both, Spain and New Zealand.

During 2022, Spain had a large net trade with New Zealand in the exports of Transportation ($82.5M), Machines ($49.7M), and Animal Products ($38.1M).

During 2017, New Zealand had a large net trade with Spain in the exports of Animal Products ($37.2M), Vegetable Products ($36.5M), and Chemical Products ($14.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain New Zealand+$40.5MCars
Top Product Potential New Zealand Spain+$5.53MRaw Aluminium

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2018, New Zealand exported services to Spain worth $195M, with Travel ($175M), Royalties and license fees ($11.7M), and Other business services ($5.52M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from New Zealand (Flag) to Spain (Flag) (2018)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and New Zealand. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and New Zealand (Flag) (2022)

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