India-New Zealand Trade: In 2022, India exported $694M to New Zealand. The main products that India exported to New Zealand were Refined Petroleum ($69.5M), Packaged Medicaments ($60.9M), and Vaccines, blood, antisera, toxins and cultures ($27.7M). Over the past 5 years the exports of India to New Zealand have increased at an annualized rate of 11%, from $412M in 2017 to $694M in 2022.
In 2022, India did not export any services to New Zealand.
New Zealand-India Trade: In 2022, New Zealand exported $412M to India. The main products that New Zealand exported to India were Coal Briquettes ($61.5M), Mechanical Wood Pulp ($60.3M), and Wool ($40.2M). Over the past 5 years the exports of New Zealand to India have decreased at an annualized rate of 6.66%, from $581M in 2017 to $412M in 2022.
In 2018, New Zealand exported services to India worth $3.46B, with Travel ($3.34B), Transportation ($47M), and Government services, n.i.e. ($39.4M) being the largest in terms of value.
Comparison: In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).