2022
Flag  
GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH
40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
 GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
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GDP GROWTH
99%CURRENT US$
Rnk 14 / 186
2022
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GDP PC 
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186
2022
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GDP PC
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
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GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 186

About

New Zealand-Israel Trade: In 2022, New Zealand exported $28.7M to Israel. The main products that New Zealand exported to Israel were Raw Aluminium ($9.3M), Packaged Medicaments ($3.63M), and Other Fruits ($2.5M). Over the past 5 years the exports of New Zealand to Israel have increased at an annualized rate of 4.54%, from $23M in 2017 to $28.7M in 2022.

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

Israel-New Zealand Trade: In 2022, Israel exported $114M to New Zealand. The main products that Israel exported to New Zealand were Gas Turbines ($22.1M), Pesticides ($9.05M), and Valves ($5.17M). Over the past 5 years the exports of Israel to New Zealand have decreased at an annualized rate of 4.15%,  from $141M in 2017 to $114M in 2022.

In 2006, Israel exported services to New Zealand worth $2.65M, with Computer and information services ($2.55M) and Other business services ($97.8k) 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, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, New Zealand exported $28.7M to Israel. The main products exported from New Zealand to Israel were Raw Aluminium ($9.3M), Packaged Medicaments ($3.63M), and Other Fruits ($2.5M). During the last 5 years the exports of New Zealand to Israel have increased at an annualized rate of 4.54%, from $23M in 2017 to $28.7M in 2022.

In 2017, Israel exported $114M to New Zealand. The main products exported from Israel to New Zealand were Gas Turbines ($22.1M), Pesticides ($9.05M), and Valves ($5.17M). During the last 5 years the exports of Israel to New Zealand have decreased at an annualized rate of 4.15%, from $141M in 2022 to $114M in 2017.

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

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

Latest Data

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

New Zealand Exports

Israel Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$13.1B
Israel
Top Destination
United States$20.3B

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

In 2022, countries that imported more from New Zealand than Israel included China ($13.1B), Australia ($5.35B), and Japan ($2.75B).

In 2022, countries that imported more from Israel than New Zealand included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

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

Comparative Advantage New Zealand - Israel

Flow
Scale

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

During 2022, New Zealand had a large net trade with Israel in the exports of Metals ($9.37M), Machines ($5.31M), and Chemical Products ($4.96M).

During 2017, Israel had a large net trade with New Zealand in the exports of Machines ($55.5M), Chemical Products ($16.7M), and Plastics and Rubbers ($15.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Israel+$1.84MPackaged Medicaments
Top Product Potential Israel New Zealand+$3.33MTelephones

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

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

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