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2022
Flag → Flag
Exports $867MRnk 39 / 152
2022
Flag → Flag
Top Product $228MBroadcasting Equipment
2022
Flag → Flag
Exports $638MRnk 14 / 210
2022
Flag → Flag
Top Product $212MConcentrated Milk
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
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Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag  
GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
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GDP PC $4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186
2022
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GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

Vietnam-New Zealand Trade: In 2022, Vietnam exported $867M to New Zealand. The main products that Vietnam exported to New Zealand were Broadcasting Equipment ($228M), Video Displays ($47.7M), and Textile Footwear ($45.1M). Over the past 5 years the exports of Vietnam to New Zealand have increased at an annualized rate of 9.54%, from $550M in 2017 to $867M in 2022.

In 2022, Vietnam did not export any services to New Zealand.

New Zealand-Vietnam Trade: In 2022, New Zealand exported $638M to Vietnam. The main products that New Zealand exported to Vietnam were Concentrated Milk ($212M), Apples and Pears ($91.1M), and Other Edible Preparations ($51.6M). Over the past 5 years the exports of New Zealand to Vietnam have increased at an annualized rate of 0.7%,  from $543M in 2017 to $638M in 2022.

In 2018, New Zealand exported services to Vietnam worth $289M, with Travel ($269M), Other business services ($13.1M), and Government services, n.i.e. ($6.22M) being the largest in terms of value.

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $867M to New Zealand. The main products exported from Vietnam to New Zealand were Broadcasting Equipment ($228M), Video Displays ($47.7M), and Textile Footwear ($45.1M). During the last 5 years the exports of Vietnam to New Zealand have increased at an annualized rate of 9.54%, from $550M in 2017 to $867M in 2022.

In 2017, New Zealand exported $638M to Vietnam. The main products exported from New Zealand to Vietnam were Concentrated Milk ($212M), Apples and Pears ($91.1M), and Other Edible Preparations ($51.6M). During the last 5 years the exports of New Zealand to Vietnam have increased at an annualized rate of 0.7%, from $543M in 2022 to $638M in 2017.

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

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

Latest Data

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

New Zealand Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$117B
New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Vietnam than New Zealand included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from New Zealand than Vietnam included Algeria ($517M), Fiji ($380M), and Papua New Guinea ($132M).

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

Comparative Advantage Vietnam - New Zealand

Flow
Scale

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

During 2022, Vietnam had a large net trade with New Zealand in the exports of Machines ($413M), Footwear and Headwear ($84.9M), and Textiles ($73.5M).

During 2017, New Zealand had a large net trade with Vietnam in the exports of Animal Products ($326M), Vegetable Products ($122M), and Foodstuffs ($63.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam New Zealand+$50.9MTelephones
Top Product Potential New Zealand Vietnam+$5.02MMalt Extract

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 Vietnam worth $289M, with Travel ($269M), Other business services ($13.1M), and Government services, n.i.e. ($6.22M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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