2022
Flag  
GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
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GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
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GDP PC 
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186
2022
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GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
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GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

New Zealand-Argentina Trade: In 2022, New Zealand exported $23.2M to Argentina. The main products that New Zealand exported to Argentina were Paper Containers ($5.12M), Packaged Medicaments ($2.78M), and Other Inedible Animal Products ($1.33M). Over the past 5 years the exports of New Zealand to Argentina have increased at an annualized rate of 3.66%, from $19.4M in 2017 to $23.2M in 2022.

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

Argentina-New Zealand Trade: In 2022, Argentina exported $249M to New Zealand. The main products that Argentina exported to New Zealand were Soybean Meal ($154M), Bran ($37.7M), and Seed Oils ($10.1M). Over the past 5 years the exports of Argentina to New Zealand have increased at an annualized rate of 6.52%,  from $182M in 2017 to $249M in 2022.

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

Comparison: In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $23.2M to Argentina. The main products exported from New Zealand to Argentina were Paper Containers ($5.12M), Packaged Medicaments ($2.78M), and Other Inedible Animal Products ($1.33M). During the last 5 years the exports of New Zealand to Argentina have increased at an annualized rate of 3.66%, from $19.4M in 2017 to $23.2M in 2022.

In 2017, Argentina exported $249M to New Zealand. The main products exported from Argentina to New Zealand were Soybean Meal ($154M), Bran ($37.7M), and Seed Oils ($10.1M). During the last 5 years the exports of Argentina to New Zealand have increased at an annualized rate of 6.52%, from $182M in 2022 to $249M in 2017.

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

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

Latest Data

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

New Zealand Exports

Argentina Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Argentina
Top Destination
Brazil$12.6B

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

In 2022, countries that imported more from New Zealand than Argentina included China ($13.1B), Australia ($5.35B), and Japan ($2.75B).

In 2022, countries that imported more from Argentina than New Zealand included Brazil ($12.6B), Chile ($5.11B), and India ($4.38B).

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

Comparative Advantage New Zealand - Argentina

Flow
Scale

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

During 2022, New Zealand had a large net trade with Argentina in the exports of Paper Goods ($5.33M), Machines ($4.96M), and Chemical Products ($4.65M).

During 2017, Argentina had a large net trade with New Zealand in the exports of Foodstuffs ($212M), Animal and Vegetable Bi-Products ($10.2M), and Transportation ($9.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Argentina+$1.53MPackaged Medicaments
Top Product Potential Argentina New Zealand+$8.83MCars

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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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of New Zealand and Argentina. This means that a dot/product with the flag of New Zealand indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over New Zealand.

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

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