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2022
Flag → Flag
Exports $608MRnk 17 / 210
2022
Flag → Flag
Top Product $103MWine
2022
Flag → Flag
Exports $536MRnk 43 / 215
2022
Flag → Flag
Top Product $66.6MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

New Zealand-Canada Trade: In 2022, New Zealand exported $608M to Canada. The main products that New Zealand exported to Canada were Wine ($103M), Sheep and Goat Meat ($93.8M), and Frozen Bovine Meat ($55M). Over the past 5 years the exports of New Zealand to Canada have increased at an annualized rate of 3.27%, from $518M in 2017 to $608M in 2022.

In 2018, New Zealand exported services to Canada worth $1.1B, with Travel ($726M), Transportation ($276M), and Other business services ($42.8M) being the largest in terms of value.

Canada-New Zealand Trade: In 2022, Canada exported $536M to New Zealand. The main products that Canada exported to New Zealand were Sawn Wood ($66.6M), Sulphur ($34.9M), and Potassic Fertilizers ($32.4M). Over the past 5 years the exports of Canada to New Zealand have increased at an annualized rate of 5.17%,  from $416M in 2017 to $536M in 2022.

In 2020, Canada exported services to New Zealand worth $69.3M, with Transportation ($31.3M), Travel ($17.1M), and Computer and information services ($5.97M) 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $608M to Canada. The main products exported from New Zealand to Canada were Wine ($103M), Sheep and Goat Meat ($93.8M), and Frozen Bovine Meat ($55M). During the last 5 years the exports of New Zealand to Canada have increased at an annualized rate of 3.27%, from $518M in 2017 to $608M in 2022.

In 2017, Canada exported $536M to New Zealand. The main products exported from Canada to New Zealand were Sawn Wood ($66.6M), Sulphur ($34.9M), and Potassic Fertilizers ($32.4M). During the last 5 years the exports of Canada to New Zealand have increased at an annualized rate of 5.17%, from $416M in 2022 to $536M in 2017.

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

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

Latest Data

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

New Zealand Exports

Canada Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from New Zealand than Canada included Australia ($5.35B), Fiji ($380M), and Papua New Guinea ($132M).

In 2022, countries that imported more from Canada than New Zealand included United States ($438B), China ($25.4B), and United Kingdom ($12.9B).

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

Comparative Advantage New Zealand - Canada

Flow
Scale

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

During 2022, New Zealand had a large net trade with Canada in the exports of Animal Products ($263M), Foodstuffs ($144M), and Machines ($74M).

During 2017, Canada had a large net trade with New Zealand in the exports of Machines ($159M), Chemical Products ($74M), and Wood Products ($69.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Canada+$8.19MOther Fruits
Top Product Potential Canada New Zealand+$12.1MPackaged Medicaments

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 Canada worth $1.1B, with Travel ($726M), Transportation ($276M), and Other business services ($42.8M) being the largest in terms of value.

In 2020, Canada exported services to New Zealand worth $69.3M, with Transportation ($31.3M), Travel ($17.1M), and Computer and information services ($5.97M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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