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2023
Flag → Flag
Exports $52.1MRnk 55 / 206
2023
Flag → Flag
Top Product $7.15MFrozen Bovine Meat
2023
Flag → Flag
Exports $176MRnk 110 / 216
2023
Flag → Flag
Top Product $29.5MDelivery Trucks
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag  
GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
 GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
GDP PC $48,281CURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195

About

New Zealand-Turkey Trade: In 2023, New Zealand exported $52.1M to Turkey. The main products that New Zealand exported to Turkey were Frozen Bovine Meat ($7.15M), Sheep and Goat Meat ($5.73M), and Sheep Hides ($3.66M). Over the past 5 years the exports of New Zealand to Turkey have increased at an annualized rate of 3.99%, from $42.8M in 2018 to $52.1M in 2023.

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

Turkey-New Zealand Trade: In 2023, Turkey exported $176M to New Zealand. The main products that Turkey exported to New Zealand were Delivery Trucks ($29.5M), Buses ($5.84M), and Electric Heaters ($5.22M). Over the past 5 years the exports of Turkey to New Zealand have increased at an annualized rate of 4.21%,  from $143M in 2018 to $176M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Zealand exported $52.1M to Turkey. The main products exported from New Zealand to Turkey were Frozen Bovine Meat ($7.15M), Sheep and Goat Meat ($5.73M), and Sheep Hides ($3.66M). During the last 5 years the exports of New Zealand to Turkey have increased at an annualized rate of 3.99%, from $42.8M in 2018 to $52.1M in 2023.

In 2018, Turkey exported $176M to New Zealand. The main products exported from Turkey to New Zealand were Delivery Trucks ($29.5M), Buses ($5.84M), and Electric Heaters ($5.22M). During the last 5 years the exports of Turkey to New Zealand have increased at an annualized rate of 4.21%, from $143M in 2023 to $176M in 2018.

Exports from New Zealand (Flag) to Turkey (Flag) (2023)

Exports from Turkey (Flag) to New Zealand (Flag) (2023)

Latest Data

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

New Zealand Exports

Turkey Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$12.3B
Turkey
Top DestinationGermany$24.7B

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

In 2023, countries that imported more from New Zealand than Turkey included China ($12.3B), Australia ($5.2B), and Japan ($2.62B).

In 2023, countries that imported more from Turkey than New Zealand included Germany ($24.7B), United Kingdom ($15.1B), and United Arab Emirates ($14.7B).

Difference in imports from Turkey (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Turkey

Flow
Scale

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

During 2023, New Zealand had a large net trade with Turkey in the exports of Animal Products ($16.8M), Machines ($11.2M), and Foodstuffs ($4.67M).

During 2018, Turkey had a large net trade with New Zealand in the exports of Transportation ($43M), Machines ($36.4M), and Textiles ($29.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Turkey+$2.04MMalt Extract
Top Product Potential Turkey New Zealand+$9.21MDelivery Trucks

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

Product Space of New Zealand (Flag) and Turkey (Flag) (2023)

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