Iran (IRN) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Iran-New Zealand Trade: In 2023, Iran exported $2.02M to New Zealand. The main products that Iran exported to New Zealand were Tropical Fruits ($1.02M), Packaged Medicaments ($201k), and Other Processed Fruits and Nuts ($101k). Over the past 5 years the exports of Iran to New Zealand have decreased at an annualized rate of 14.7%, from $4.49M in 2018 to $2.02M in 2023.

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

New Zealand-Iran Trade: In 2023, New Zealand exported $1.74M to Iran. The main products that New Zealand exported to Iran were Wool ($1.66M), Dairy Machinery ($64.3k), and Electrical Ignitions ($13k). Over the past 5 years the exports of New Zealand to Iran have decreased at an annualized rate of 53.9%, from $83.3M in 2018 to $1.74M in 2023.

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

Comparison: In 2023, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $2.02M to New Zealand. The main products exported from Iran to New Zealand were Tropical Fruits ($1.02M), Packaged Medicaments ($201k), and Other Processed Fruits and Nuts ($101k). During the last 5 years the exports of Iran to New Zealand have decreased at an annualized rate of 14.7%, from $4.49M in 2018 to $2.02M in 2023.

In 2018, New Zealand exported $1.74M to Iran. The main products exported from New Zealand to Iran were Wool ($1.66M), Dairy Machinery ($64.3k), and Electrical Ignitions ($13k). During the last 5 years the exports of New Zealand to Iran have decreased at an annualized rate of 53.9%, from $83.3M in 2023 to $1.74M in 2018.

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

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

Latest Data

Trade between Iran () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$4.59B

New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from Iran than New Zealand included Turkey ($2.18B), Pakistan ($943M), and India ($1.02B).

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

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

Comparative Advantage Iran - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iran had a large net trade with New Zealand in the exports of Vegetable Products ($1.22M), Foodstuffs ($278k), and Chemical Products ($210k).

During 2018, New Zealand had a large net trade with Iran in the exports of Textiles ($1.66M) and Machines ($77.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iran New Zealand+$192kPackaged Medicaments

Top Product Potential New Zealand Iran+$310kSowing Seeds

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 Iran and New Zealand. This means that a dot/product with the flag of Iran 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 Iran.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Iran () and New Zealand ()

New Zealand Exports

Market Competitiveness

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

Comparative Advantage Iran - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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