New Zealand / Iceland

New Zealand-Iceland Trade: In 2022, New Zealand exported $4.33M to Iceland. The main products that New Zealand exported to Iceland were Frozen Bovine Meat ($1.12M), Wool ($519k), and Other Fruits ($370k). Over the past 5 years the exports of New Zealand to Iceland have increased at an annualized rate of 0.37%, from $4.25M in 2017 to $4.33M in 2022.

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

Iceland-New Zealand Trade: In 2022, Iceland exported $3.71M to New Zealand. The main products that Iceland exported to New Zealand were Industrial Food Preperation Machinery ($1.03M), Excavation Machinery ($451k), and Compasses ($360k). Over the past 5 years the exports of Iceland to New Zealand have increased at an annualized rate of 6.28%,  from $1.68M in 2017 to $3.71M in 2022.

In 2019, Iceland exported services to New Zealand worth $7.84M, with Travel ($3.81M), Other business services ($1.79M), and Computer and information services ($1.57M) 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, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.