Armenia (ARM) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Armenia-New Zealand Trade: In 2023, Armenia exported $891k to New Zealand. The main products that Armenia exported to New Zealand were Non-Knit Women's Coats ($330k), Non-Knit Men's Coats ($272k), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($254k). Over the past 5 years the exports of Armenia to New Zealand have increased at an annualized rate of 37.3%, from $183k in 2018 to $891k in 2023.

In 2023, Armenia did not export any services to New Zealand.

New Zealand-Armenia Trade: In 2023, New Zealand exported $19.3M to Armenia. The main products that New Zealand exported to Armenia were Butter ($13.6M), Footwear Parts ($2.21M), and Cheese ($1.99M). Over the past 5 years the exports of New Zealand to Armenia have increased at an annualized rate of 11.8%, from $11.1M in 2018 to $19.3M in 2023.

In 2023, New Zealand did not export any services to Armenia.

Comparison: In 2023, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). That same year, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Armenia exported $891k to New Zealand. The main products exported from Armenia to New Zealand were Non-Knit Women's Coats ($330k), Non-Knit Men's Coats ($272k), and Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($254k). During the last 5 years the exports of Armenia to New Zealand have increased at an annualized rate of 37.3%, from $183k in 2018 to $891k in 2023.

In 2018, New Zealand exported $19.3M to Armenia. The main products exported from New Zealand to Armenia were Butter ($13.6M), Footwear Parts ($2.21M), and Cheese ($1.99M). During the last 5 years the exports of New Zealand to Armenia have increased at an annualized rate of 11.8%, from $11.1M in 2023 to $19.3M in 2018.

Exports from Armenia () to New Zealand () (2023)

Exports from New Zealand () to Armenia () (2023)

Latest Data

Trade between Armenia () and New Zealand ()

Armenia Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from Armenia than New Zealand included Russia ($3.38B), United Arab Emirates ($2.25B), and Georgia ($340M).

In 2023, countries that imported more from New Zealand than Armenia included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand () and Armenia () (2023)

Comparative Advantage Armenia - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Armenia had a large net trade with New Zealand in the exports of Textiles ($869k), Plastics and Rubbers ($7.7k), and Machines ($3.9k).

During 2018, New Zealand had a large net trade with Armenia in the exports of Animal Products ($15.6M), Footwear and Headwear ($2.21M), and Foodstuffs ($767k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia New Zealand+$156kNon-Knit Women's Coats

Top Product Potential New Zealand Armenia+$205kCheese

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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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Armenia and New Zealand. This means that a dot/product with the flag of Armenia 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 Armenia.

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to New Zealand () (2023)

Exports from New Zealand () to Armenia () (2023)

Latest Data

Trade between Armenia () and New Zealand ()

Armenia Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Armenia () (2023)

Comparative Advantage Armenia - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and New Zealand () (2023)

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