New Zealand (NZL) and Austria (AUT) Trade | The Observatory of Economic Complexity

About

New Zealand-Austria Trade: In 2022, New Zealand exported $21.9M to Austria. The main products that New Zealand exported to Austria were Raw Aluminium ($3.68M), Packaged Medicaments ($3.36M), and Broadcasting Equipment ($3.32M). Over the past 5 years the exports of New Zealand to Austria have decreased at an annualized rate of 17.7%, from $57.9M in 2017 to $21.9M in 2022.

In 2022, New Zealand did not export any services to Austria.

Austria-New Zealand Trade: In 2022, Austria exported $241M to New Zealand. The main products that Austria exported to New Zealand were Motorcycles and cycles ($15.9M), Metal Mountings ($15.2M), and Cranes ($14.3M). Over the past 5 years the exports of Austria to New Zealand have increased at an annualized rate of 7.32%, from $169M in 2017 to $241M in 2022.

In 2020, Austria exported services to New Zealand worth $60.5M, with Other business services ($27.4M), Computer and information services ($26.3M), and Travel ($3.43M) being the largest in terms of value.

Comparison: In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, New Zealand exported $21.9M to Austria. The main products exported from New Zealand to Austria were Raw Aluminium ($3.68M), Packaged Medicaments ($3.36M), and Broadcasting Equipment ($3.32M). During the last 5 years the exports of New Zealand to Austria have decreased at an annualized rate of 17.7%, from $57.9M in 2017 to $21.9M in 2022.

In 2017, Austria exported $241M to New Zealand. The main products exported from Austria to New Zealand were Motorcycles and cycles ($15.9M), Metal Mountings ($15.2M), and Cranes ($14.3M). During the last 5 years the exports of Austria to New Zealand have increased at an annualized rate of 7.32%, from $169M in 2022 to $241M in 2017.

Exports from New Zealand () to Austria () (2022)

Exports from Austria () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Austria ()

New Zealand Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from New Zealand than Austria included China ($13.1B), Australia ($5.35B), and Indonesia ($1.33B).

In 2022, countries that imported more from Austria than New Zealand included Germany ($57.7B), Italy ($13.6B), and Switzerland ($11.2B).

Difference in imports from Austria () and New Zealand () (2022)

Comparative Advantage New Zealand - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Austria in the exports of Machines ($8.26M), Metals ($4.22M), and Chemical Products ($3.66M).

During 2017, Austria had a large net trade with New Zealand in the exports of Machines ($101M), Transportation ($52.4M), and Metals ($28.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential New Zealand Austria+$2.88MRaw Aluminium

Top Product Potential Austria New Zealand+$14.2MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

Aut Year

In 2020, Austria exported services to New Zealand worth $60.5M, with Other business services ($27.4M), Computer and information services ($26.3M), and Travel ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria () to New Zealand () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of New Zealand and Austria. This means that a dot/product with the flag of New Zealand indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over New Zealand.

About

Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Austria () (2022)

Exports from Austria () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Austria ()

New Zealand Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and New Zealand () (2022)

Comparative Advantage New Zealand - Austria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

Services Exports from Austria () to New Zealand () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Austria () (2022)

Keep Exploring