2023
Flag  
GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
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GDP PC 
$48,281CURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

New Zealand-Wallis and Futuna Trade: In 2023, New Zealand exported $6.04M to Wallis and Futuna. The main products that New Zealand exported to Wallis and Futuna were Bovine Meat ($1.07M), Other Prepared Meat ($922k), and Concentrated Milk ($504k). Over the past 5 years the exports of New Zealand to Wallis and Futuna have increased at an annualized rate of 8.75%, from $3.97M in 2018 to $6.04M in 2023.

In 2023, New Zealand did not export any services to Wallis and Futuna.

Wallis and Futuna-New Zealand In N/A, Wallis and Futuna did not export any products to New Zealand.

In 2023, Wallis and Futuna did not export any services to New Zealand.

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). That same year, Wallis and Futuna ranked 224 in total exports ($2.09M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Zealand exported $6.04M to Wallis and Futuna. The main products exported from New Zealand to Wallis and Futuna were Bovine Meat ($1.07M), Other Prepared Meat ($922k), and Concentrated Milk ($504k). During the last 5 years the exports of New Zealand to Wallis and Futuna have increased at an annualized rate of 8.75%, from $3.97M in 2018 to $6.04M in 2023.

Wallis and Futuna does not register exports to New Zealand. The main products exported from Wallis and Futuna to New Zealand were Industrial Fatty Acids, Oils and Alcohols ($6.6k) and Refined Petroleum ($235).

Exports from New Zealand (Flag) to Wallis and Futuna (Flag) (2023)

Exports from Wallis and Futuna (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Wallis and Futuna (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$12.3B
Wallis and Futuna
Top Destination
Denmark$740k

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

In 2023, countries that imported more from New Zealand than Wallis and Futuna included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

In 2023, countries that imported more from Wallis and Futuna than New Zealand included Lesotho ($1.7k).

Difference in imports from Wallis and Futuna (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Wallis and Futuna

Flow
Scale

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

During 2023, New Zealand had a large net trade with Wallis and Futuna in the exports of Animal Products ($2.47M), Foodstuffs ($1.56M), and Vegetable Products ($566k).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Wallis and Futuna (Flag) (2023)

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