New Zealand / Saudi Arabia

New Zealand-Saudi Arabia Trade: In 2023, New Zealand exported $744M to Saudi Arabia. The main products that New Zealand exported to Saudi Arabia were Concentrated Milk ($279M), Butter ($169M), and Cheese ($59.8M). Over the past 5 years the exports of New Zealand to Saudi Arabia have increased at an annualized rate of 8.28%, from $500M in 2018 to $744M in 2023.

In 2018, New Zealand exported services to Saudi Arabia worth $273M, with Travel ($267M) and Government services, n.i.e. ($5.52M) being the largest in terms of value.

Saudi Arabia-New Zealand Trade: In 2023, Saudi Arabia exported $130M to New Zealand. The main products that Saudi Arabia exported to New Zealand were Nitrogenous Fertilizers ($92.8M), Ethylene Polymers ($10.9M), and Mixed Mineral or Chemical Fertilizers ($4.9M). Over the past 5 years the exports of Saudi Arabia to New Zealand have decreased at an annualized rate of 19.9%,  from $394M in 2018 to $130M in 2023.

In 2023, Saudi Arabia did not export any services to New Zealand.

Comparison: In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B). That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).