2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
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GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
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 GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

Greece-New Zealand Trade: In 2022, Greece exported $40.6M to New Zealand. The main products that Greece exported to New Zealand were Packaged Medicaments ($15.7M), Other Processed Vegetables ($2.81M), and Malt Extract ($1.59M). Over the past 5 years the exports of Greece to New Zealand have increased at an annualized rate of 10.3%, from $24.8M in 2017 to $40.6M in 2022.

In 2020, Greece exported services to New Zealand worth $12.8M, with Transportation ($11M), Travel ($1.14M), and Computer and information services ($457k) being the largest in terms of value.

New Zealand-Greece Trade: In 2022, New Zealand exported $59.6M to Greece. The main products that New Zealand exported to Greece were Molluscs ($19.5M), Sheep and Goat Meat ($18.3M), and Peptones ($9.55M). Over the past 5 years the exports of New Zealand to Greece have increased at an annualized rate of 5.57%,  from $32.8M in 2017 to $59.6M in 2022.

In 2018, New Zealand exported services to Greece worth $13.8M, with Travel ($11M) and Government services, n.i.e. ($2.76M) being the largest in terms of value.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $40.6M to New Zealand. The main products exported from Greece to New Zealand were Packaged Medicaments ($15.7M), Other Processed Vegetables ($2.81M), and Malt Extract ($1.59M). During the last 5 years the exports of Greece to New Zealand have increased at an annualized rate of 10.3%, from $24.8M in 2017 to $40.6M in 2022.

In 2017, New Zealand exported $59.6M to Greece. The main products exported from New Zealand to Greece were Molluscs ($19.5M), Sheep and Goat Meat ($18.3M), and Peptones ($9.55M). During the last 5 years the exports of New Zealand to Greece have increased at an annualized rate of 5.57%, from $32.8M in 2022 to $59.6M in 2017.

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

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

Latest Data

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

Greece Exports

New Zealand Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Greece than New Zealand included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

In 2022, countries that imported more from New Zealand than Greece included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

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

Comparative Advantage Greece - New Zealand

Flow
Scale

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

During 2022, Greece had a large net trade with New Zealand in the exports of Chemical Products ($17.6M), Foodstuffs ($7.75M), and Textiles ($2.92M).

During 2017, New Zealand had a large net trade with Greece in the exports of Animal Products ($45.4M), Chemical Products ($9.98M), and Machines ($1.82M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece New Zealand+$3.48MPackaged Medicaments
Top Product Potential New Zealand Greece+$652kPackaged Medicaments

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 2020, Greece exported services to New Zealand worth $12.8M, with Transportation ($11M), Travel ($1.14M), and Computer and information services ($457k) being the largest in terms of value.

In 2018, New Zealand exported services to Greece worth $13.8M, with Travel ($11M) and Government services, n.i.e. ($2.76M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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