2022
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GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH
40.3%CURRENT US$
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2022
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$1.92TCURRENT US$
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2012-2022
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-22.1%CURRENT US$
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GDP PC 
$48,249CURRENT US$
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2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
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2022
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GDP PC
$8,918CURRENT US$
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2012-2022
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-27.7%CURRENT US$
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About

New Zealand-Brazil Trade: In 2022, New Zealand exported $91.1M to Brazil. The main products that New Zealand exported to Brazil were Vaccines, blood, antisera, toxins and cultures ($16.7M), Casein ($16.1M), and Raw Aluminium ($8.4M). Over the past 5 years the exports of New Zealand to Brazil have increased at an annualized rate of 6.69%, from $65.9M in 2017 to $91.1M in 2022.

In 2018, New Zealand exported services to Brazil worth $527M, with Travel ($510M), Royalties and license fees ($8.29M), and Government services, n.i.e. ($5.52M) being the largest in terms of value.

Brazil-New Zealand Trade: In 2022, Brazil exported $237M to New Zealand. The main products that Brazil exported to New Zealand were Petroleum Coke ($67.2M), Sulfate Chemical Woodpulp ($27.8M), and Bran ($27M). Over the past 5 years the exports of Brazil to New Zealand have increased at an annualized rate of 18.2%,  from $103M in 2017 to $237M in 2022.

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

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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $91.1M to Brazil. The main products exported from New Zealand to Brazil were Vaccines, blood, antisera, toxins and cultures ($16.7M), Casein ($16.1M), and Raw Aluminium ($8.4M). During the last 5 years the exports of New Zealand to Brazil have increased at an annualized rate of 6.69%, from $65.9M in 2017 to $91.1M in 2022.

In 2017, Brazil exported $237M to New Zealand. The main products exported from Brazil to New Zealand were Petroleum Coke ($67.2M), Sulfate Chemical Woodpulp ($27.8M), and Bran ($27M). During the last 5 years the exports of Brazil to New Zealand have increased at an annualized rate of 18.2%, from $103M in 2022 to $237M in 2017.

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

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

Latest Data

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

New Zealand Exports

Brazil Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Brazil
Top Destination
China$90.1B

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

In 2022, countries that imported more from New Zealand than Brazil included Australia ($5.35B), Fiji ($380M), and Sri Lanka ($157M).

In 2022, countries that imported more from Brazil than New Zealand included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage New Zealand - Brazil

Flow
Scale

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

During 2022, New Zealand had a large net trade with Brazil in the exports of Chemical Products ($39M), Machines ($13.7M), and Animal Products ($10.6M).

During 2017, Brazil had a large net trade with New Zealand in the exports of Mineral Products ($67.3M), Foodstuffs ($59.3M), and Paper Goods ($29.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Brazil+$6.66MVaccines, blood, antisera, toxins and cultures
Top Product Potential Brazil New Zealand+$5.69MLarge Construction Vehicles

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 Brazil. This means that a dot/product with the flag of New Zealand indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over New Zealand.

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

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