Italy / New Zealand

Italy-New Zealand Trade: In 2022, Italy exported $841M to New Zealand. The main products that Italy exported to New Zealand were Cars ($34.3M), Tractors ($26.8M), and Vaccines, blood, antisera, toxins and cultures ($24.1M). Over the past 5 years the exports of Italy to New Zealand have increased at an annualized rate of 5.08%, from $657M in 2017 to $841M in 2022.

In 2020, Italy exported services to New Zealand worth $84.6M, with Travel ($51.2M), Other business services ($18.5M), and Royalties and license fees ($8.68M) being the largest in terms of value.

New Zealand-Italy Trade: In 2022, New Zealand exported $217M to Italy. The main products that New Zealand exported to Italy were Tanned Equine and Bovine Hides ($69.7M), Wool ($28.9M), and Other Fruits ($13.7M). Over the past 5 years the exports of New Zealand to Italy have decreased at an annualized rate of 3.74%,  from $262M in 2017 to $217M in 2022.

In 2018, New Zealand exported services to Italy worth $195M, with Travel ($175M), Government services, n.i.e. ($5.52M), and Insurance services ($5.52M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).