2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
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GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
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GDP PC
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Estonia-New Zealand Trade: In 2023, Estonia exported $12M to New Zealand. The main products that Estonia exported to New Zealand were Chromium Oxides and Hydroxides ($2.15M), Prefabricated Buildings ($1.56M), and Electrical Transformers ($778k). Over the past 5 years the exports of Estonia to New Zealand have increased at an annualized rate of 11%, from $7.11M in 2018 to $12M in 2023.

In 2020, Estonia exported services to New Zealand worth $1.71M, with Computer and information services ($1.48M) and Travel ($228k) being the largest in terms of value.

New Zealand-Estonia Trade: In 2023, New Zealand exported $9.19M to Estonia. The main products that New Zealand exported to Estonia were Sheep and Goat Meat ($2.07M), Sawn Wood ($1.31M), and Wine ($947k). Over the past 5 years the exports of New Zealand to Estonia have increased at an annualized rate of 4.32%,  from $7.44M in 2018 to $9.19M in 2023.

In 2018, New Zealand exported services to Estonia worth $8.29M, with Travel ($8.29M) being the largest in terms of value.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $12M to New Zealand. The main products exported from Estonia to New Zealand were Chromium Oxides and Hydroxides ($2.15M), Prefabricated Buildings ($1.56M), and Electrical Transformers ($778k). During the last 5 years the exports of Estonia to New Zealand have increased at an annualized rate of 11%, from $7.11M in 2018 to $12M in 2023.

In 2018, New Zealand exported $9.19M to Estonia. The main products exported from New Zealand to Estonia were Sheep and Goat Meat ($2.07M), Sawn Wood ($1.31M), and Wine ($947k). During the last 5 years the exports of New Zealand to Estonia have increased at an annualized rate of 4.32%, from $7.44M in 2023 to $9.19M in 2018.

Exports from Estonia (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and New Zealand (Flag)

Estonia Exports

New Zealand Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
New Zealand
Top Destination
China$12.3B

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

In 2023, countries that imported more from Estonia than New Zealand included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from New Zealand than Estonia included China ($12.3B), Australia ($5.2B), and United States ($5.42B).

Difference in imports from New Zealand (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - New Zealand

Flow
Scale

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

During 2023, Estonia had a large net trade with New Zealand in the exports of Machines ($3.5M), Chemical Products ($2.31M), and Miscellaneous ($1.86M).

During 2018, New Zealand had a large net trade with Estonia in the exports of Animal Products ($3.11M), Machines ($1.88M), and Wood Products ($1.31M).

Bilateral Service Trade

In 2020, Estonia exported services to New Zealand worth $1.71M, with Computer and information services ($1.48M) and Travel ($228k) being the largest in terms of value.

In 2018, New Zealand exported services to Estonia worth $8.29M, with Travel ($8.29M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (Flag) to New Zealand (Flag) (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Estonia and New Zealand. This means that a dot/product with the flag of Estonia 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 Estonia.

Product Space of Estonia (Flag) and New Zealand (Flag) (2023)

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