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2023
Flag → Flag
Exports $455MRnk 67 / 220
2023
Flag → Flag
Top Product $78.2MCars
2023
Flag → Flag
Exports $210MRnk 28 / 206
2023
Flag → Flag
Top Product $104MOther Fruits
2023
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Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
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Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
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GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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 GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
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GDP GROWTH32.1%CURRENT US$
Rnk 110 / 195
2023
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GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
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GDP PC$48,281CURRENT US$
Rnk 28 / 196
2013-2023
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GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195

About

Spain-New Zealand Trade: In 2023, Spain exported $455M to New Zealand. The main products that Spain exported to New Zealand were Cars ($78.2M), Paintings ($34M), and Delivery Trucks ($33.9M). Over the past 5 years the exports of Spain to New Zealand have increased at an annualized rate of 5.52%, from $348M in 2018 to $455M in 2023.

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

New Zealand-Spain Trade: In 2023, New Zealand exported $210M to Spain. The main products that New Zealand exported to Spain were Other Fruits ($104M), Non-fillet Frozen Fish ($11.5M), and Molluscs ($10.9M). Over the past 5 years the exports of New Zealand to Spain have increased at an annualized rate of 0.43%,  from $202M in 2018 to $210M in 2023.

In 2018, New Zealand exported services to Spain worth $195M, with Travel ($175M), Royalties and license fees ($11.7M), and Other business services ($5.52M) being the largest in terms of value.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Latest Trends

December, 2024

About

Overview In December 2024, Spain exported €24.2M and imported €11.7M from New Zealand, resulting in a positive trade balance of €12.5M. Between December 2023 and December 2024 the exports of Spain have increased by €7.49M (44.9%) from €16.7M to €24.2M, while imports increased by €6.05M (108%) from €5.61M to €11.7M.

Trade In December 2024, the top exports of Spain to New Zealand were Pig Meat (€1.41M), Pure Olive Oil (€1.39M), Packaged Medicaments (€1.32M), Aircraft Launch Gear (€872k), and Vegetable Saps (€622k). In December 2024 the top imports of Spain from New Zealand were Non-fillet Frozen Fish (€832k), Fish Fillets (€459k), Sawn Wood (€410k), Electrical Transformers (€364k), and Equine and Bovine Hides (€336k).

Origins In December 2024 the exports of Spain were mainly from Barcelona (€6.42M), Valencia (€2.77M), Córdoba (€2.33M), Zaragoza (€1.2M), and Sevilla (€1.05M), while imports destinations were mainly Barcelona (€2.86M), Pontevedra (€1.68M), Alicante (€1.48M), Madrid (€1.1M), and La Rioja (€1.09M).

Growth In December 2024, the increase in Spain's year-by-year exports to New Zealand was explained primarily by an increase in product exports in Packaged Medicaments (€1.06M or 408%), Pure Olive Oil (€654k or 88.8%), and Ceramic Bricks (€304k or 325%). In December 2024, the increase in Spain's year-by-year imports  from New Zealand was explained primarily by an increase in product imports  in Valves (€48.1k or 19.6k%), Honey (€26.9k or 5.79k%), and Animal Organs (€20.9k or 122%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)€7.49M(44.9%)
IMPORT GROWTH (December 2023 - December 2024)€6.05M(108%)
MAIN EXPORTER (December 2024)Barcelona€6.42M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check New Zealand and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore New Zealand and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $455M to New Zealand. The main products exported from Spain to New Zealand were Cars ($78.2M), Paintings ($34M), and Delivery Trucks ($33.9M). During the last 5 years the exports of Spain to New Zealand have increased at an annualized rate of 5.52%, from $348M in 2018 to $455M in 2023.

In 2018, New Zealand exported $210M to Spain. The main products exported from New Zealand to Spain were Other Fruits ($104M), Non-fillet Frozen Fish ($11.5M), and Molluscs ($10.9M). During the last 5 years the exports of New Zealand to Spain have increased at an annualized rate of 0.43%, from $202M in 2023 to $210M in 2018.

Exports from Spain (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from Spain than New Zealand included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from New Zealand than Spain included China ($12.3B), Australia ($5.2B), and Indonesia ($1.1B).

Difference in imports from New Zealand (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - New Zealand

Flow
Scale

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

During 2023, Spain had a large net trade with New Zealand in the exports of Transportation ($132M), Machines ($56.8M), and Chemical Products ($48.2M).

During 2018, New Zealand had a large net trade with Spain in the exports of Vegetable Products ($113M), Animal Products ($42.4M), and Foodstuffs ($11.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain New Zealand+$40.5MCars
Top Product Potential New Zealand Spain+$5.53MRaw 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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Bilateral Service Trade

In 2018, New Zealand exported services to Spain worth $195M, with Travel ($175M), Royalties and license fees ($11.7M), and Other business services ($5.52M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and New Zealand (Flag) (2023)

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