2022
Flag  
GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC 
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

New Zealand-Belarus Trade: In 2022, New Zealand exported $774k to Belarus. The main products that New Zealand exported to Belarus were Non-fillet Frozen Fish ($760k), Enzymes ($6.51k), and Sports Equipment ($4.59k). Over the past 5 years the exports of New Zealand to Belarus have decreased at an annualized rate of 19.5%, from $2.29M in 2017 to $774k in 2022.

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

Belarus-New Zealand Trade: In 2022, Belarus exported $786k to New Zealand. The main products that Belarus exported to New Zealand were Processed Fish ($268k), Wood Carpentry ($126k), and Hard Liquor ($110k). Over the past 5 years the exports of Belarus to New Zealand have decreased at an annualized rate of 37.9%,  from $22.2M in 2017 to $786k in 2022.

In 2014, Belarus exported services to New Zealand worth $96.3k, with Computer and information services ($94.5k), Insurance services ($1.74k), and Government services, n.i.e. ($100) 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, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $774k to Belarus. The main products exported from New Zealand to Belarus were Non-fillet Frozen Fish ($760k), Enzymes ($6.51k), and Sports Equipment ($4.59k). During the last 5 years the exports of New Zealand to Belarus have decreased at an annualized rate of 19.5%, from $2.29M in 2017 to $774k in 2022.

In 2017, Belarus exported $786k to New Zealand. The main products exported from Belarus to New Zealand were Processed Fish ($268k), Wood Carpentry ($126k), and Hard Liquor ($110k). During the last 5 years the exports of Belarus to New Zealand have decreased at an annualized rate of 37.9%, from $22.2M in 2022 to $786k in 2017.

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

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

Latest Data

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

New Zealand Exports

Belarus Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Belarus
Top Destination
China$1.6B

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

In 2022, countries that imported more from New Zealand than Belarus included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Belarus than New Zealand included Ukraine ($1.29B), Poland ($933M), and Kazakhstan ($827M).

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

Comparative Advantage New Zealand - Belarus

Flow
Scale

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

During 2022, New Zealand had a large net trade with Belarus in the exports of Animal Products ($760k), Chemical Products ($6.51k), and Miscellaneous ($4.59k).

During 2017, Belarus had a large net trade with New Zealand in the exports of Foodstuffs ($401k), Wood Products ($135k), and Instruments ($121k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Belarus+$145kNon-fillet Frozen Fish
Top Product Potential Belarus New Zealand+$105kWood Carpentry

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

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

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

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