New Zealand-Belgium Trade: In 2022, New Zealand exported $403M to Belgium. The main products that New Zealand exported to Belgium were Other Fruits ($230M), Sheep and Goat Meat ($48.3M), and Apples and Pears ($18.9M). Over the past 5 years the exports of New Zealand to Belgium have increased at an annualized rate of 1.13%, from $381M in 2017 to $403M in 2022.
In 2018, New Zealand exported services to Belgium worth $138M, with Travel ($94.6M), Royalties and license fees ($24.9M), and Other business services ($9.67M) being the largest in terms of value.
Belgium-New Zealand Trade: In 2022, Belgium exported $322M to New Zealand. The main products that Belgium exported to New Zealand were Vaccines, blood, antisera, toxins and cultures ($54.9M), Cars ($23.4M), and Packaged Medicaments ($19.6M). Over the past 5 years the exports of Belgium to New Zealand have increased at an annualized rate of 3.14%, from $276M in 2017 to $322M in 2022.
In 2020, Belgium exported services to New Zealand worth $94.8M, with Other business services ($82.2M), Transportation ($6.85M), and Computer and information services ($3.43M) being the largest in terms of value.
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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).