2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

Austria-New Zealand Trade: In 2022, Austria exported $241M to New Zealand. The main products that Austria exported to New Zealand were Motorcycles and cycles ($15.9M), Metal Mountings ($15.2M), and Cranes ($14.3M). Over the past 5 years the exports of Austria to New Zealand have increased at an annualized rate of 7.32%, from $169M in 2017 to $241M in 2022.

In 2020, Austria exported services to New Zealand worth $60.5M, with Other business services ($27.4M), Computer and information services ($26.3M), and Travel ($3.43M) being the largest in terms of value.

New Zealand-Austria Trade: In 2022, New Zealand exported $21.9M to Austria. The main products that New Zealand exported to Austria were Raw Aluminium ($3.68M), Packaged Medicaments ($3.36M), and Broadcasting Equipment ($3.32M). Over the past 5 years the exports of New Zealand to Austria have decreased at an annualized rate of 17.7%,  from $57.9M in 2017 to $21.9M in 2022.

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

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $241M to New Zealand. The main products exported from Austria to New Zealand were Motorcycles and cycles ($15.9M), Metal Mountings ($15.2M), and Cranes ($14.3M). During the last 5 years the exports of Austria to New Zealand have increased at an annualized rate of 7.32%, from $169M in 2017 to $241M in 2022.

In 2017, New Zealand exported $21.9M to Austria. The main products exported from New Zealand to Austria were Raw Aluminium ($3.68M), Packaged Medicaments ($3.36M), and Broadcasting Equipment ($3.32M). During the last 5 years the exports of New Zealand to Austria have decreased at an annualized rate of 17.7%, from $57.9M in 2022 to $21.9M in 2017.

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

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

Latest Data

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

Austria Exports

New Zealand Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Austria than New Zealand included Germany ($57.7B), Italy ($13.6B), and Switzerland ($11.2B).

In 2022, countries that imported more from New Zealand than Austria included China ($13.1B), Australia ($5.35B), and Indonesia ($1.33B).

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

Comparative Advantage Austria - New Zealand

Flow
Scale

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

During 2022, Austria had a large net trade with New Zealand in the exports of Machines ($101M), Transportation ($52.4M), and Metals ($28.9M).

During 2017, New Zealand had a large net trade with Austria in the exports of Machines ($8.26M), Metals ($4.22M), and Chemical Products ($3.66M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria New Zealand+$14.2MCars
Top Product Potential New Zealand Austria+$2.88MRaw Aluminium

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

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

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

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