Vietnam (VNM) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

About

Vietnam-New Zealand In 2022, Vietnam exported $867M to New Zealand. The main products that Vietnam exported to New Zealand are Broadcasting Equipment ($228M), Video Displays ($47.7M), and Textile Footwear ($45.1M). During the last 27 years the exports of Vietnam to New Zealand have increased at an annualized rate of 18.6%, from $8.65M in 1995 to $867M in 2022.

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

New Zealand-Vietnam 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). During the last 27 years the exports of New Zealand to Vietnam have increased at an annualized rate of 10.9%, from $39.3M in 1995 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 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B). That same year, New Zealand ranked 44 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 27 years the exports of Vietnam to New Zealand have increased at an annualized rate of 18.6%, from $8.65M in 1995 to $867M in 2022.

In 2022, 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 27 years the exports of New Zealand to Vietnam have increased at an annualized rate of 10.9%, from $39.3M in 1995 to $638M in 2022.

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

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

Latest Data

Trade between Vietnam () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 2021, countries that imported more from Vietnam than New Zealand were United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2021, countries that imported more from New Zealand than Vietnam were Algeria ($517M), Fiji ($380M), and Papua New Guinea ($132M).

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

Comparative Advantage Vietnam - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2022, New Zealand had a large net trade with Vietnam in the exports of Animal Products ($326M), Vegetable Products ($122M), and Foodstuffs ($63.7M).

Service Trade

Bilateral Service Trade

Nzl Year

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 () to Vietnam () (2018)

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Vietnam () and New Zealand ()

New Zealand Exports

Market Competitiveness

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

Comparative Advantage Vietnam - New Zealand

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

Keep Exploring