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2022
Flag → Flag
Exports $953MRnk 9 / 210
2022
Flag → Flag
Top Product $298MWine
2022
Flag → Flag
Exports $1.16BRnk 47 / 224
2022
Flag → Flag
Top Product $223MCars
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

New Zealand-United Kingdom Trade: In 2022, New Zealand exported $953M to United Kingdom. The main products that New Zealand exported to United Kingdom were Wine ($298M), Sheep and Goat Meat ($262M), and Honey ($25M). Over the past 5 years the exports of New Zealand to United Kingdom have decreased at an annualized rate of 2.07%, from $1.06B in 2017 to $953M in 2022.

In 2018, New Zealand exported services to United Kingdom worth $3.93B, with Travel ($2.78B), Other business services ($407M), and Transportation ($381M) being the largest in terms of value.

United Kingdom-New Zealand Trade: In 2022, United Kingdom exported $1.16B to New Zealand. The main products that United Kingdom exported to New Zealand were Cars ($223M), Gas Turbines ($108M), and Trailers and semi-trailers, not mechanically propelled vehicles ($64.1M). Over the past 5 years the exports of United Kingdom to New Zealand have increased at an annualized rate of 0.057%,  from $1.15B in 2017 to $1.16B in 2022.

In 2019, United Kingdom exported services to New Zealand worth $941M, with Travel ($528M), Insurance services ($182M), and Other business services ($85.4M) 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $953M to United Kingdom. The main products exported from New Zealand to United Kingdom were Wine ($298M), Sheep and Goat Meat ($262M), and Honey ($25M). During the last 5 years the exports of New Zealand to United Kingdom have decreased at an annualized rate of 2.07%, from $1.06B in 2017 to $953M in 2022.

In 2017, United Kingdom exported $1.16B to New Zealand. The main products exported from United Kingdom to New Zealand were Cars ($223M), Gas Turbines ($108M), and Trailers and semi-trailers, not mechanically propelled vehicles ($64.1M). During the last 5 years the exports of United Kingdom to New Zealand have increased at an annualized rate of 0.057%, from $1.15B in 2022 to $1.16B in 2017.

Exports from New Zealand (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and United Kingdom (Flag)

New Zealand Exports

United Kingdom Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from New Zealand than United Kingdom included Indonesia ($1.33B), Fiji ($380M), and Algeria ($517M).

In 2022, countries that imported more from United Kingdom than New Zealand included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - United Kingdom

Flow
Scale

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

During 2022, New Zealand had a large net trade with United Kingdom in the exports of Animal Products ($330M), Foodstuffs ($314M), and Machines ($83.1M).

During 2017, United Kingdom had a large net trade with New Zealand in the exports of Transportation ($400M), Machines ($307M), and Chemical Products ($101M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand United Kingdom+$6.71MVaccines, blood, antisera, toxins and cultures
Top Product Potential United Kingdom New Zealand+$28.2MCars

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.

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Bilateral Service Trade

In 2018, New Zealand exported services to United Kingdom worth $3.93B, with Travel ($2.78B), Other business services ($407M), and Transportation ($381M) being the largest in terms of value.

In 2019, United Kingdom exported services to New Zealand worth $941M, with Travel ($528M), Insurance services ($182M), and Other business services ($85.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from New Zealand (Flag) to United Kingdom (Flag) (2018)

Services Exports from United Kingdom (Flag) to New Zealand (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and United Kingdom (Flag) (2022)

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