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2022
Flag → Flag
Exports $361MRnk 43 / 156
2022
Flag → Flag
Top Product $84MCars
2022
Flag → Flag
Exports $293MRnk 26 / 210
2022
Flag → Flag
Top Product $125MButter
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag  
GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
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GDP PC $11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186
2022
Flag
GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

Mexico-New Zealand Trade: In 2022, Mexico exported $361M to New Zealand. The main products that Mexico exported to New Zealand were Cars ($84M), Beer ($34.9M), and Medical Instruments ($32.8M). Over the past 5 years the exports of Mexico to New Zealand have increased at an annualized rate of 10.1%, from $223M in 2017 to $361M in 2022.

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

New Zealand-Mexico Trade: In 2022, New Zealand exported $293M to Mexico. The main products that New Zealand exported to Mexico were Butter ($125M), Casein ($68.6M), and Cheese ($22.1M). Over the past 5 years the exports of New Zealand to Mexico have increased at an annualized rate of 1.62%,  from $270M in 2017 to $293M in 2022.

In 2018, New Zealand exported services to Mexico worth $97.4M, with Travel ($75.3M), Insurance services ($8.29M), and Royalties and license fees ($6.91M) being the largest in terms of value.

Comparison: In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $361M to New Zealand. The main products exported from Mexico to New Zealand were Cars ($84M), Beer ($34.9M), and Medical Instruments ($32.8M). During the last 5 years the exports of Mexico to New Zealand have increased at an annualized rate of 10.1%, from $223M in 2017 to $361M in 2022.

In 2017, New Zealand exported $293M to Mexico. The main products exported from New Zealand to Mexico were Butter ($125M), Casein ($68.6M), and Cheese ($22.1M). During the last 5 years the exports of New Zealand to Mexico have increased at an annualized rate of 1.62%, from $270M in 2022 to $293M in 2017.

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

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

Latest Data

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

Mexico Exports

New Zealand Exports

Market Competitiveness

Color
Mexico
Top DestinationUnited States$421B
New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Mexico than New Zealand included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

In 2022, countries that imported more from New Zealand than Mexico included Australia ($5.35B), Indonesia ($1.33B), and Saudi Arabia ($599M).

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

Comparative Advantage Mexico - New Zealand

Flow
Scale

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

During 2022, Mexico had a large net trade with New Zealand in the exports of Transportation ($124M), Machines ($81.1M), and Instruments ($60.6M).

During 2017, New Zealand had a large net trade with Mexico in the exports of Animal Products ($173M), Chemical Products ($70.2M), and Machines ($16.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mexico New Zealand+$67.4MCars
Top Product Potential New Zealand Mexico+$17.7MConcentrated Milk

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 Mexico worth $97.4M, with Travel ($75.3M), Insurance services ($8.29M), and Royalties and license fees ($6.91M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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