2022
Flag  
GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 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
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

New Zealand-Iran Trade: In 2022, New Zealand exported $2.55M to Iran. The main products that New Zealand exported to Iran were Wool ($2.28M), Sowing Seeds ($146k), and Orthopedic Appliances ($80.7k). Over the past 5 years the exports of New Zealand to Iran have decreased at an annualized rate of 50.8%, from $88.4M in 2017 to $2.55M in 2022.

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

Iran-New Zealand Trade: In 2022, Iran exported $2.63M to New Zealand. The main products that Iran exported to New Zealand were Tropical Fruits ($1.44M), Knotted Carpets ($214k), and Packaged Medicaments ($201k). Over the past 5 years the exports of Iran to New Zealand have decreased at an annualized rate of 10.9%,  from $5.25M in 2017 to $2.63M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $2.55M to Iran. The main products exported from New Zealand to Iran were Wool ($2.28M), Sowing Seeds ($146k), and Orthopedic Appliances ($80.7k). During the last 5 years the exports of New Zealand to Iran have decreased at an annualized rate of 50.8%, from $88.4M in 2017 to $2.55M in 2022.

In 2017, Iran exported $2.63M to New Zealand. The main products exported from Iran to New Zealand were Tropical Fruits ($1.44M), Knotted Carpets ($214k), and Packaged Medicaments ($201k). During the last 5 years the exports of Iran to New Zealand have decreased at an annualized rate of 10.9%, from $5.25M in 2022 to $2.63M in 2017.

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

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

Latest Data

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

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Iran
Top Destination
China$5.72B

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

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

In 2022, countries that imported more from Iran than New Zealand included Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

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

Comparative Advantage New Zealand - Iran

Flow
Scale

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

During 2022, New Zealand had a large net trade with Iran in the exports of Textiles ($2.28M), Vegetable Products ($146k), and Instruments ($80.7k).

During 2017, Iran had a large net trade with New Zealand in the exports of Vegetable Products ($1.64M), Textiles ($304k), and Chemical Products ($239k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Iran+$310kSowing Seeds
Top Product Potential Iran New Zealand+$192kPackaged Medicaments

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

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

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