New Zealand (NZL) and Estonia (EST) Trade | The Observatory of Economic Complexity

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New Zealand-Estonia Trade: In 2022, New Zealand exported $8.22M to Estonia. The main products that New Zealand exported to Estonia were N/A. Over the past 5 years the exports of New Zealand to Estonia have increased at an annualized rate of 6.03%, from $6.13M in 2017 to $8.22M in 2022.

In 2018, New Zealand exported services to Estonia worth $8.29M, with Travel ($8.29M) being the largest in terms of value.

Estonia-New Zealand Trade: In 2022, Estonia exported $14.7M to New Zealand. The main products that Estonia exported to New Zealand were Prefabricated Buildings ($2.83M), Chromium Oxides and Hydroxides ($2.4M), and Sawn Wood ($1.37M). Over the past 5 years the exports of Estonia to New Zealand have increased at an annualized rate of 14.6%, from $7.43M in 2017 to $14.7M in 2022.

In 2020, Estonia exported services to New Zealand worth $1.71M, with Computer and information services ($1.48M) and Travel ($228k) 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, New Zealand exported $8.22M to Estonia. There were not main exports from New Zealand to Estonia in 2022. During the last 5 years the exports of New Zealand to Estonia have increased at an annualized rate of 6.03%, from $6.13M in 2017 to $8.22M in 2022.

In 2017, Estonia exported $14.7M to New Zealand. The main products exported from Estonia to New Zealand were Prefabricated Buildings ($2.83M), Chromium Oxides and Hydroxides ($2.4M), and Sawn Wood ($1.37M). During the last 5 years the exports of Estonia to New Zealand have increased at an annualized rate of 14.6%, from $7.43M in 2022 to $14.7M in 2017.

Exports from New Zealand () to Estonia () (2022)

Exports from Estonia () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Estonia ()

New Zealand Exports

Date

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from New Zealand than Estonia included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Estonia than New Zealand included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

Difference in imports from Estonia () and New Zealand () (2022)

Comparative Advantage New Zealand - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Estonia in the exports of Animal Products ($2.98M), Wood Products ($2.13M), and Machines ($1.78M).

During 2017, Estonia had a large net trade with New Zealand in the exports of Machines ($3.46M), Miscellaneous ($3.25M), and Wood Products ($2.55M).

Potential Exports

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Bilateral Service Trade

Est Year

Nzl Year

In 2018, New Zealand exported services to Estonia worth $8.29M, with Travel ($8.29M) being the largest in terms of value.

In 2020, Estonia exported services to New Zealand worth $1.71M, with Computer and information services ($1.48M) and Travel ($228k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from New Zealand () to Estonia () (2018)

Services Exports from Estonia () to New Zealand () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Estonia () (2022)

Exports from Estonia () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Estonia ()

New Zealand Exports

Estonia Exports

Market Competitiveness

Difference in imports from Estonia () and New Zealand () (2022)

Comparative Advantage New Zealand - Estonia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from New Zealand () to Estonia () (2018)

Services Exports from Estonia () to New Zealand () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Estonia () (2022)

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