New Zealand / Russia

New Zealand-Russia Trade: In 2022, New Zealand exported $49.8M to Russia. The main products that New Zealand exported to Russia were Butter ($23M), Malt Extract ($6.95M), and Therapeutic Appliances ($5.06M). Over the past 5 years the exports of New Zealand to Russia have decreased at an annualized rate of 22.6%, from $179M in 2017 to $49.8M in 2022.

In 2018, New Zealand exported services to Russia worth $160M, with Travel ($157M), Government services, n.i.e. ($2.76M), and Other business services ($691k) being the largest in terms of value.

Russia-New Zealand Trade: In 2022, Russia exported $10.6M to New Zealand. The main products that Russia exported to New Zealand were Nitrogenous Fertilizers ($1.66M), Plywood ($1.62M), and Other Plastic Sheetings ($1.08M). Over the past 5 years the exports of Russia to New Zealand have decreased at an annualized rate of 34.3%,  from $86.5M in 2017 to $10.6M in 2022.

In 2020, Russia exported services to New Zealand worth $7.89M, with Computer and information services ($3.29M), Other business services ($3.04M), and Travel ($864k) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).