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2022
Flag → Flag
Exports $841MRnk 68 / 221
2022
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Top Product $34.3MCars
2022
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Exports $217MRnk 28 / 210
2022
Flag → Flag
Top Product $69.7MTanned Equine and Bovine Hides
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI 0.46Rnk 44 / 124
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

Italy-New Zealand In 2022, Italy exported $841M to New Zealand. The main products that Italy exported to New Zealand are Cars ($34.3M), Tractors ($26.8M), and Vaccines, blood, antisera, toxins and cultures ($24.1M). During the last 27 years the exports of Italy to New Zealand have increased at an annualized rate of 3.82%, from $306M in 1995 to $841M in 2022.

In 2020, Italy exported services to New Zealand worth $84.6M, with Travel ($51.2M), Other business services ($18.5M), and Royalties and license fees ($8.68M) being the largest in terms of value.

New Zealand-Italy In 2022, New Zealand exported $217M to Italy. The main products that New Zealand exported to Italy were Tanned Equine and Bovine Hides ($69.7M), Wool ($28.9M), and Other Fruits ($13.7M). During the last 27 years the exports of New Zealand to Italy have increased at an annualized rate of 0.059%, from $213M in 1995 to $217M in 2022.

In 2018, New Zealand exported services to Italy worth $195M, with Travel ($175M), Government services, n.i.e. ($5.52M), and Insurance services ($5.52M) being the largest in terms of value.

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, New Zealand ranked 44 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Latest Trends

December, 2023

About

Overview In December 2023, Italy exported €16.4M and imported €4.75M from New Zealand, resulting in a positive trade balance of €11.7M. Between December 2022 and December 2023 the exports of Italy have decreased by €-3.87M (-19.1%) from €20.3M to €16.4M, while imports decreased by €-1.47M (-23.7%) from €6.23M to €4.75M.

Trade In December 2023, the top exports of Italy to New Zealand were Cars (€6.38M), Packaged Medicaments (€2.25M), Tractors (€866k), Insulated Wire (€51.3k), and Other Electrical Machinery (€50.2k). In December 2023 the top imports of Italy from New Zealand were Wool (€6.88M), Equine and Bovine Hides (€6.1M), Tanned Equine and Bovine Hides (€5.03M), Animal Organs (€1.4M), and Fuel Wood (€144k).

Growth In December 2023, the decrease in Italy's year-by-year exports to New Zealand was explained primarily by an decrease in product exports in Special Pharmaceuticals (€-1.1k or -29.6%). In December 2023, the decrease in Italy's year-by-year imports  from New Zealand was explained primarily by an decrease in product imports  in Sheep Hides (€-40.8k or -28.2%) and Unvulcanised Rubber Products (€-886 or -6.34%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-3.87M(-19.1%)
IMPORT GROWTH (December 2022 - December 2023)€-1.47M(-23.7%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $841M to New Zealand. The main products exported from Italy to New Zealand were Cars ($34.3M), Tractors ($26.8M), and Vaccines, blood, antisera, toxins and cultures ($24.1M). During the last 27 years the exports of Italy to New Zealand have increased at an annualized rate of 3.82%, from $306M in 1995 to $841M in 2022.

In 2022, New Zealand exported $217M to Italy. The main products exported from New Zealand to Italy were Tanned Equine and Bovine Hides ($69.7M), Wool ($28.9M), and Other Fruits ($13.7M). During the last 27 years the exports of New Zealand to Italy have increased at an annualized rate of 0.059%, from $213M in 1995 to $217M in 2022.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
New Zealand
Top DestinationChina$13.1B

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

In 2021, countries that imported more from Italy than New Zealand were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2021, countries that imported more from New Zealand than Italy were Fiji ($380M), Indonesia ($1.33B), and Papua New Guinea ($132M).

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

Comparative Advantage Italy - New Zealand

Flow
Scale

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

During 2022, Italy had a large net trade with New Zealand in the exports of Machines ($301M), Transportation ($112M), and Chemical Products ($87M).

During 2022, New Zealand had a large net trade with Italy in the exports of Animal Hides ($72M), Textiles ($31.2M), and Animal Products ($24.7M).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to New Zealand worth $84.6M, with Travel ($51.2M), Other business services ($18.5M), and Royalties and license fees ($8.68M) being the largest in terms of value.

In 2018, New Zealand exported services to Italy worth $195M, with Travel ($175M), Government services, n.i.e. ($5.52M), and Insurance services ($5.52M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to New Zealand (Flag) (2020)

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over New Zealand. Similarly, the more yellow a dot/product is, the more New Zealand has comparative advantage over Italy.

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

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