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$529BCURRENT US$
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135%CURRENT US$
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40.3%CURRENT US$
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$104,039CURRENT US$
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112%CURRENT US$
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About

Ireland-New Zealand Trade: In 2022, Ireland exported $284M to New Zealand. The main products that Ireland exported to New Zealand were Packaged Medicaments ($125M), Vaccines, blood, antisera, toxins and cultures ($39.5M), and Orthopedic Appliances ($19.1M). Over the past 5 years the exports of Ireland to New Zealand have increased at an annualized rate of 12.1%, from $160M in 2017 to $284M in 2022.

In 2020, Ireland exported services to New Zealand worth $102M, with Other business services ($70.8M), Financial services ($12.6M), and Royalties and license fees ($10.3M) being the largest in terms of value.

New Zealand-Ireland Trade: In 2022, New Zealand exported $88.6M to Ireland. The main products that New Zealand exported to Ireland were Wine ($25.8M), Fermented Milk Products ($5.06M), and Therapeutic Appliances ($4.67M). Over the past 5 years the exports of New Zealand to Ireland have increased at an annualized rate of 10.6%,  from $53.5M in 2017 to $88.6M in 2022.

In 2018, New Zealand exported services to Ireland worth $143M, with Travel ($126M), Government services, n.i.e. ($5.52M), and Financial services ($5.52M) being the largest in terms of value.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $284M to New Zealand. The main products exported from Ireland to New Zealand were Packaged Medicaments ($125M), Vaccines, blood, antisera, toxins and cultures ($39.5M), and Orthopedic Appliances ($19.1M). During the last 5 years the exports of Ireland to New Zealand have increased at an annualized rate of 12.1%, from $160M in 2017 to $284M in 2022.

In 2017, New Zealand exported $88.6M to Ireland. The main products exported from New Zealand to Ireland were Wine ($25.8M), Fermented Milk Products ($5.06M), and Therapeutic Appliances ($4.67M). During the last 5 years the exports of New Zealand to Ireland have increased at an annualized rate of 10.6%, from $53.5M in 2022 to $88.6M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Ireland than New Zealand included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from New Zealand than Ireland included Australia ($5.35B), Indonesia ($1.33B), and Thailand ($943M).

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

Comparative Advantage Ireland - New Zealand

Flow
Scale

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

During 2022, Ireland had a large net trade with New Zealand in the exports of Chemical Products ($171M), Machines ($36.4M), and Instruments ($34.6M).

During 2017, New Zealand had a large net trade with Ireland in the exports of Foodstuffs ($26.7M), Machines ($15.9M), and Animal Products ($9.44M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland New Zealand+$15.4MVaccines, blood, antisera, toxins and cultures
Top Product Potential New Zealand Ireland+$2.97MVaccines, blood, antisera, toxins and cultures

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, Ireland exported services to New Zealand worth $102M, with Other business services ($70.8M), Financial services ($12.6M), and Royalties and license fees ($10.3M) being the largest in terms of value.

In 2018, New Zealand exported services to Ireland worth $143M, with Travel ($126M), Government services, n.i.e. ($5.52M), and Financial services ($5.52M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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