New Zealand (NZL) and Italy (ITA) Trade | The Observatory of Economic Complexity

About

New Zealand-Italy In 2022, New Zealand exported $217M to Italy. The main products that New Zealand exported to Italy are Tanned Equine and Bovine Hides ($69.7M), Wool ($28.9M), and Other Fruits ($13.7M). During the last 27 years the exports of New Zealand to Italy have increased at an annualized rate of 0.059%, from $213M in 1995 to $217M in 2022.

In 2018, New Zealand exported services to Italy worth $195M, with Travel ($175M), Government services, n.i.e. ($5.52M), and Insurance services ($5.52M) being the largest in terms of value.

Italy-New Zealand In 2022, Italy exported $841M to New Zealand. The main products that Italy exported to New Zealand were Cars ($34.3M), Tractors ($26.8M), and Vaccines, blood, antisera, toxins and cultures ($24.1M). During the last 27 years the exports of Italy to New Zealand have increased at an annualized rate of 3.82%, from $306M in 1995 to $841M in 2022.

In 2020, Italy exported services to New Zealand worth $84.6M, with Travel ($51.2M), Other business services ($18.5M), and Royalties and license fees ($8.68M) 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, New Zealand exported $217M to Italy. The main products exported from New Zealand to Italy were Tanned Equine and Bovine Hides ($69.7M), Wool ($28.9M), and Other Fruits ($13.7M). During the last 27 years the exports of New Zealand to Italy have increased at an annualized rate of 0.059%, from $213M in 1995 to $217M in 2022.

In 2022, Italy exported $841M to New Zealand. The main products exported from Italy to New Zealand were Cars ($34.3M), Tractors ($26.8M), and Vaccines, blood, antisera, toxins and cultures ($24.1M). During the last 27 years the exports of Italy to New Zealand have increased at an annualized rate of 3.82%, from $306M in 1995 to $841M in 2022.

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

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

Latest Data

Trade between New Zealand () and Italy ()

New Zealand Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Italy
Top DestinationGermany$78.5B

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

In 2021, countries that imported more from New Zealand than Italy were Fiji ($380M), Indonesia ($1.33B), and Papua New Guinea ($132M).

In 2021, countries that imported more from Italy than New Zealand were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

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

Comparative Advantage New Zealand - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Italy in the exports of Animal Hides ($72M), Textiles ($31.2M), and Animal Products ($24.7M).

During 2022, Italy had a large net trade with New Zealand in the exports of Machines ($301M), Transportation ($112M), and Chemical Products ($87M).

Service Trade

Bilateral Service Trade

Ita Year

Nzl Year

In 2018, New Zealand exported services to Italy worth $195M, with Travel ($175M), Government services, n.i.e. ($5.52M), and Insurance services ($5.52M) being the largest in terms of value.

In 2020, Italy exported services to New Zealand worth $84.6M, with Travel ($51.2M), Other business services ($18.5M), and Royalties and license fees ($8.68M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more New Zealand has comparative advantage over Italy. Similarly, the more yellow a dot/product is, the more Italy has comparative advantage over New Zealand.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between New Zealand () and Italy ()

New Zealand Exports

Italy Exports

Market Competitiveness

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

Comparative Advantage New Zealand - Italy

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

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