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2023
Flag → Flag
Exports $102MRnk 40 / 206
2023
Flag → Flag
Top Product $19.9MVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $214MRnk 90 / 221
2023
Flag → Flag
Top Product $46.7MStarch Residue
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
 GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC $48,281CURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

New Zealand-Brazil Trade: In 2023, New Zealand exported $102M to Brazil. The main products that New Zealand exported to Brazil were Vaccines, blood, antisera, toxins and cultures ($19.9M), Packaged Medicaments ($13.2M), and Casein ($11.1M). Over the past 5 years the exports of New Zealand to Brazil have increased at an annualized rate of 7.84%, from $69.8M in 2018 to $102M in 2023.

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 2023, Brazil exported $214M to New Zealand. The main products that Brazil exported to New Zealand were Starch Residue ($46.7M), Bran ($34.3M), and Petroleum Coke ($18.1M). Over the past 5 years the exports of Brazil to New Zealand have increased at an annualized rate of 10.7%,  from $129M in 2018 to $214M in 2023.

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

Comparison: In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Zealand exported $102M to Brazil. The main products exported from New Zealand to Brazil were Vaccines, blood, antisera, toxins and cultures ($19.9M), Packaged Medicaments ($13.2M), and Casein ($11.1M). During the last 5 years the exports of New Zealand to Brazil have increased at an annualized rate of 7.84%, from $69.8M in 2018 to $102M in 2023.

In 2018, Brazil exported $214M to New Zealand. The main products exported from Brazil to New Zealand were Starch Residue ($46.7M), Bran ($34.3M), and Petroleum Coke ($18.1M). During the last 5 years the exports of Brazil to New Zealand have increased at an annualized rate of 10.7%, from $129M in 2023 to $214M in 2018.

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

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

Latest Data

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

New Zealand Exports

Brazil Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$12.3B
Brazil
Top DestinationChina$106B

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 2023, countries that imported more from New Zealand than Brazil included Australia ($5.2B), Fiji ($433M), and Sri Lanka ($252M).

In 2023, countries that imported more from Brazil than New Zealand included China ($106B), United States ($37B), and Argentina ($17.2B).

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

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 2023, New Zealand had a large net trade with Brazil in the exports of Chemical Products ($46.7M), Machines ($17.7M), and Animal Products ($15.7M).

During 2018, Brazil had a large net trade with New Zealand in the exports of Foodstuffs ($107M), Vegetable Products ($20.7M), and Machines ($19.8M).

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) (2023)

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