New Zealand-Mexico Trade: In 2022, New Zealand exported $293M to Mexico. The main products that New Zealand exported to Mexico were Butter ($125M), Casein ($68.6M), and Cheese ($22.1M). Over the past 5 years the exports of New Zealand to Mexico have increased at an annualized rate of 1.62%, from $270M in 2017 to $293M in 2022.
In 2018, New Zealand exported services to Mexico worth $97.4M, with Travel ($75.3M), Insurance services ($8.29M), and Royalties and license fees ($6.91M) being the largest in terms of value.
Mexico-New Zealand Trade: In 2022, Mexico exported $361M to New Zealand. The main products that Mexico exported to New Zealand were Cars ($84M), Beer ($34.9M), and Medical Instruments ($32.8M). Over the past 5 years the exports of Mexico to New Zealand have increased at an annualized rate of 10.1%, from $223M in 2017 to $361M in 2022.
In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).