Flag Saudi Arabia / New Zealand Flag

2021
FlagFlag
Exports
: $195M, Rnk 55 / 183

2021
FlagFlag
Top Product
: $144M, Nitrogenous Fertilizers

2021
FlagFlag
Exports
: $825M, Rnk 16 / 213

2021
FlagFlag
Top Product
: $267M, Concentrated Milk

2021
Flag
Economic Complexity (ECI)
: ECI 0.9, Rnk 31 / 131

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

2021
Flag  
GDP
: $834B, CURRENT US$
Rnk 18 / 182

2011-2021
Flag
GDP GROWTH
: 24.2%, CURRENT US$
Rnk 99 / 182

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

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

2021
Flag
GDP PC 
: $23,586, CURRENT US$
Rnk 39 / 182

2011-2021
Flag
GDP PC GROWTH
: -0.67%, CURRENT US$
Rnk 128 / 182

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

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

Saudi Arabia-New Zealand In 2021, Saudi Arabia exported $195M to New Zealand. The main products that Saudi Arabia exported to New Zealand are Nitrogenous Fertilizers ($144M), Ethylene Polymers ($15.7M), and Non-Retail Synthetic Filament Yarn ($5.59M). During the last 26 years the exports of Saudi Arabia to New Zealand have increased at an annualized rate of 0.78%, from $159M in 1995 to $195M in 2021.

In 2021, Saudi Arabia did not export any services to New Zealand.

New Zealand-Saudi Arabia In 2021, New Zealand exported $825M to Saudi Arabia. The main products that New Zealand exported to Saudi Arabia were Concentrated Milk ($267M), Butter ($179M), and Cheese ($84.2M). During the last 26 years the exports of New Zealand to Saudi Arabia have increased at an annualized rate of 7.65%, from $121M in 1995 to $825M in 2021.

In 2018, New Zealand exported services to Saudi Arabia worth $273M, with Travel ($267M) and Government services, n.i.e. ($5.52M) being the largest in terms of value.

Comparison In 2021,  Saudi Arabia ranked 31 in the Economic Complexity Index (ECI 0.9), and 26 in total exports ($256B). That same year, New Zealand ranked 46 in the Economic Complexity Index (ECI 0.46), and 49 in total exports ($68.4B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2021, Saudi Arabia exported $195M to New Zealand. The main products exported from Saudi Arabia to New Zealand were Nitrogenous Fertilizers ($144M), Ethylene Polymers ($15.7M), and Non-Retail Synthetic Filament Yarn ($5.59M). During the last 26 years the exports of Saudi Arabia to New Zealand have increased at an annualized rate of 0.78%, from $159M in 1995 to $195M in 2021.

In 2021, New Zealand exported $825M to Saudi Arabia. The main products exported from New Zealand to Saudi Arabia were Concentrated Milk ($267M), Butter ($179M), and Cheese ($84.2M). During the last 26 years the exports of New Zealand to Saudi Arabia have increased at an annualized rate of 7.65%, from $121M in 1995 to $825M in 2021.

Saudi Arabia Exports

#permalink to section

New Zealand Exports

#permalink to section

Market Competitiveness

#permalink to section
Color

Saudi Arabia
Top Destination
: China, $48.7B

New Zealand
Top Destination
: China, $22.5B

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

In 2021, countries that imported more from Saudi Arabia than New Zealand were China ($48.7B), India ($25.6B), and Japan ($24.1B).

In 2021, countries that imported more from New Zealand than Saudi Arabia were Australia ($8.03B), Hong Kong ($1.21B), and Fiji ($444M).

Comparative Advantage Saudi Arabia - New Zealand

#permalink to section
Flow
Scale

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

During 2021, Saudi Arabia had a large net trade with New Zealand in the exports of Chemical Products ($152M), Plastics and Rubbers ($20.3M), and Textiles ($8.48M).

During 2021, New Zealand had a large net trade with Saudi Arabia in the exports of Animal Products ($671M), Wood Products ($37.7M), and Foodstuffs ($32.9M).

Bilateral Service Trade

#permalink to section

In 2018, New Zealand exported services to Saudi Arabia worth $273M, with Travel ($267M) and Government services, n.i.e. ($5.52M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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