Flag Russia / New Zealand Flag

2021
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Exports
: $65.6M, Rnk 119 / 192

2021
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Top Product
: $40.3M, Crude Petroleum

2021
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Exports
: $312M, Rnk 29 / 213

2021
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Top Product
: $145M, Butter

2021
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Economic Complexity (ECI)
: ECI 0.46, Rnk 45 / 131

2021
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Economic Complexity (ECI)
: ECI 0.46, Rnk 46 / 131

2021
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GDP
: $1.78T, CURRENT US$
Rnk 11 / 182

2011-2021
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GDP GROWTH
: -13.2%, CURRENT US$
Rnk 167 / 182

2021
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 GDP
: $250B, CURRENT US$
Rnk 46 / 182

2011-2021
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GDP GROWTH
: 48.5%, CURRENT US$
Rnk 52 / 182

2021
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GDP PC 
: $12,173, CURRENT US$
Rnk 61 / 182

2011-2021
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GDP PC GROWTH
: -14.9%, CURRENT US$
Rnk 153 / 182

2021
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GDP PC
: $48,802, CURRENT US$
Rnk 21 / 182

2011-2021
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GDP PC GROWTH
: 27.1%, CURRENT US$
Rnk 62 / 182

Russia-New Zealand In 2021, Russia exported $65.6M to New Zealand. The main products that Russia exported to New Zealand are Crude Petroleum ($40.3M), Potassic Fertilizers ($8.45M), and Plywood ($3.58M). During the last 26 years the exports of Russia to New Zealand have increased at an annualized rate of 12.8%, from $2.85M in 1995 to $65.6M in 2021.

In 2020, Russia exported services to New Zealand worth $7.89M, with Computer and information services ($3.29M), Other business services ($3.04M), and Travel ($864k) being the largest in terms of value.

New Zealand-Russia In 2021, New Zealand exported $312M to Russia. The main products that New Zealand exported to Russia were Butter ($145M), Wine ($17.9M), and Concentrated Milk ($16.4M). During the last 26 years the exports of New Zealand to Russia have increased at an annualized rate of 3.94%, from $114M in 1995 to $312M in 2021.

In 2018, New Zealand exported services to Russia worth $160M, with Travel ($157M), Government services, n.i.e. ($2.76M), and Other business services ($691k) being the largest in terms of value.

Comparison In 2021,  Russia ranked 45 in the Economic Complexity Index (ECI 0.46), and 10 in total exports ($484B). That same year, New Zealand ranked 46 in the Economic Complexity Index (ECI 0.46), and 49 in total exports ($68.4B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Russia exported $65.6M to New Zealand. The main products exported from Russia to New Zealand were Crude Petroleum ($40.3M), Potassic Fertilizers ($8.45M), and Plywood ($3.58M). During the last 26 years the exports of Russia to New Zealand have increased at an annualized rate of 12.8%, from $2.85M in 1995 to $65.6M in 2021.

In 2021, New Zealand exported $312M to Russia. The main products exported from New Zealand to Russia were Butter ($145M), Wine ($17.9M), and Concentrated Milk ($16.4M). During the last 26 years the exports of New Zealand to Russia have increased at an annualized rate of 3.94%, from $114M in 1995 to $312M in 2021.

Market Competitiveness

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Color

Russia
Top Destination
: China, $70.9B

New Zealand
Top Destination
: China, $22.5B

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

In 2021, countries that imported more from Russia than New Zealand were China ($70.9B), Netherlands ($39B), and United Kingdom ($24.7B).

In 2021, countries that imported more from New Zealand than Russia were Australia ($8.03B), Indonesia ($1.5B), and Thailand ($1.23B).

Comparative Advantage Russia - New Zealand

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Flow
Scale

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

During 2021, Russia had a large net trade with New Zealand in the exports of Mineral Products ($40.4M), Chemical Products ($9.48M), and Wood Products ($4.47M).

During 2021, New Zealand had a large net trade with Russia in the exports of Animal Products ($189M), Foodstuffs ($43.4M), and Vegetable Products ($23.2M).

Bilateral Service Trade

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In 2020, Russia exported services to New Zealand worth $7.89M, with Computer and information services ($3.29M), Other business services ($3.04M), and Travel ($864k) being the largest in terms of value.

In 2018, New Zealand exported services to Russia worth $160M, with Travel ($157M), Government services, n.i.e. ($2.76M), and Other business services ($691k) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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 Russia has comparative advantage over New Zealand. Similarly, the more yellow a dot/product is, the more New Zealand has comparative advantage over Russia.