2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195
2023
Flag
GDP PC
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Israel-New Zealand Trade: In 2023, Israel exported $190M to New Zealand. The main products that Israel exported to New Zealand were Gas Turbines ($42.3M), Electric Generating Sets ($35.2M), and Other Heating Machinery ($33.3M). Over the past 5 years the exports of Israel to New Zealand have increased at an annualized rate of 13.2%, from $102M in 2018 to $190M in 2023.

In 2006, Israel exported services to New Zealand worth $2.65M, with Computer and information services ($2.55M) and Other business services ($97.8k) being the largest in terms of value.

New Zealand-Israel Trade: In 2023, New Zealand exported $16M to Israel. The main products that New Zealand exported to Israel were Packaged Medicaments ($2.98M), Other Fruits ($1.83M), and Wine ($1.71M). Over the past 5 years the exports of New Zealand to Israel have decreased at an annualized rate of 7.46%,  from $23.6M in 2018 to $16M in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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
Value

In 2023, Israel exported $190M to New Zealand. The main products exported from Israel to New Zealand were Gas Turbines ($42.3M), Electric Generating Sets ($35.2M), and Other Heating Machinery ($33.3M). During the last 5 years the exports of Israel to New Zealand have increased at an annualized rate of 13.2%, from $102M in 2018 to $190M in 2023.

In 2018, New Zealand exported $16M to Israel. The main products exported from New Zealand to Israel were Packaged Medicaments ($2.98M), Other Fruits ($1.83M), and Wine ($1.71M). During the last 5 years the exports of New Zealand to Israel have decreased at an annualized rate of 7.46%, from $23.6M in 2023 to $16M in 2018.

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

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

Latest Data

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

Israel Exports

New Zealand Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
New Zealand
Top Destination
China$12.3B

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

In 2023, countries that imported more from Israel than New Zealand included United States ($20.3B), Ireland ($4.22B), and Egypt ($2.23B).

In 2023, countries that imported more from New Zealand than Israel included China ($12.3B), Australia ($5.2B), and Japan ($2.62B).

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

Comparative Advantage Israel - New Zealand

Flow
Scale

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

During 2023, Israel had a large net trade with New Zealand in the exports of Machines ($141M), Chemical Products ($13.5M), and Plastics and Rubbers ($11.3M).

During 2018, New Zealand had a large net trade with Israel in the exports of Chemical Products ($4.41M), Foodstuffs ($3.09M), and Machines ($2.84M).

Economic Complexity

Competitive Landscape

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

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

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