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Pricing

2022
Flag → Flag
Exports $22.2MRnk 76 / 210
2022
Flag → Flag
Top Product $4.45MSheep and Goat Meat
2022
Flag → Flag
Exports $67MRnk 68 / 208
2022
Flag → Flag
Top Product $13.7MCars
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 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$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

New Zealand-Portugal Trade: In 2022, New Zealand exported $22.2M to Portugal. The main products that New Zealand exported to Portugal were Sheep and Goat Meat ($4.45M), Non-fillet Frozen Fish ($4.22M), and Processed Crustaceans ($3.5M). Over the past 5 years the exports of New Zealand to Portugal have decreased at an annualized rate of 6.17%, from $30.5M in 2017 to $22.2M in 2022.

In 2018, New Zealand exported services to Portugal worth $23.5M, with Travel ($23.5M) being the largest in terms of value.

Portugal-New Zealand Trade: In 2022, Portugal exported $67M to New Zealand. The main products that Portugal exported to New Zealand were Cars ($13.7M), Delivery Trucks ($9.15M), and Raw Plastic Sheeting ($5.77M). Over the past 5 years the exports of Portugal to New Zealand have increased at an annualized rate of 16.8%,  from $30.8M in 2017 to $67M in 2022.

In 2020, Portugal exported services to New Zealand worth $2.28M, with Travel ($2.28M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $22.2M to Portugal. The main products exported from New Zealand to Portugal were Sheep and Goat Meat ($4.45M), Non-fillet Frozen Fish ($4.22M), and Processed Crustaceans ($3.5M). During the last 5 years the exports of New Zealand to Portugal have decreased at an annualized rate of 6.17%, from $30.5M in 2017 to $22.2M in 2022.

In 2017, Portugal exported $67M to New Zealand. The main products exported from Portugal to New Zealand were Cars ($13.7M), Delivery Trucks ($9.15M), and Raw Plastic Sheeting ($5.77M). During the last 5 years the exports of Portugal to New Zealand have increased at an annualized rate of 16.8%, from $30.8M in 2022 to $67M in 2017.

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

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

Latest Data

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

New Zealand Exports

Portugal Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than New Zealand included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage New Zealand - Portugal

Flow
Scale

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

During 2022, New Zealand had a large net trade with Portugal in the exports of Animal Products ($11.4M), Foodstuffs ($3.97M), and Paper Goods ($1.93M).

During 2017, Portugal had a large net trade with New Zealand in the exports of Transportation ($24.2M), Textiles ($8.08M), and Plastics and Rubbers ($7.59M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Portugal+$1.24MSheep and Goat Meat
Top Product Potential Portugal New Zealand+$9.69MCars

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 Portugal worth $23.5M, with Travel ($23.5M) being the largest in terms of value.

In 2020, Portugal exported services to New Zealand worth $2.28M, with Travel ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Portugal (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 Portugal. This means that a dot/product with the flag of New Zealand indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over New Zealand.

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

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