Peru (PER) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Peru-New Zealand Trade: In 2022, Peru exported $34.9M to New Zealand. The main products that Peru exported to New Zealand were Other Vegetable Oils ($6.38M), Fish Oil ($4.78M), and Coffee ($4.43M). Over the past 5 years the exports of Peru to New Zealand have increased at an annualized rate of 6.58%, from $25.4M in 2017 to $34.9M in 2022.

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

New Zealand-Peru Trade: In 2022, New Zealand exported $84M to Peru. The main products that New Zealand exported to Peru were Concentrated Milk ($33.1M), Butter ($32.4M), and Fermented Milk Products ($4.2M). Over the past 5 years the exports of New Zealand to Peru have decreased at an annualized rate of 0.97%, from $88.2M in 2017 to $84M in 2022.

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

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). That same year, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $34.9M to New Zealand. The main products exported from Peru to New Zealand were Other Vegetable Oils ($6.38M), Fish Oil ($4.78M), and Coffee ($4.43M). During the last 5 years the exports of Peru to New Zealand have increased at an annualized rate of 6.58%, from $25.4M in 2017 to $34.9M in 2022.

In 2017, New Zealand exported $84M to Peru. The main products exported from New Zealand to Peru were Concentrated Milk ($33.1M), Butter ($32.4M), and Fermented Milk Products ($4.2M). During the last 5 years the exports of New Zealand to Peru have decreased at an annualized rate of 0.97%, from $88.2M in 2022 to $84M in 2017.

Exports from Peru () to New Zealand () (2022)

Exports from New Zealand () to Peru () (2022)

Latest Data

Trade between Peru () and New Zealand ()

Peru Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Peru than New Zealand included China ($17.6B), United States ($8.69B), and Canada ($2.69B).

In 2022, countries that imported more from New Zealand than Peru included Australia ($5.35B), Indonesia ($1.33B), and Singapore ($1.05B).

Difference in imports from New Zealand () and Peru () (2022)

Comparative Advantage Peru - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with New Zealand in the exports of Vegetable Products ($12.1M), Animal and Vegetable Bi-Products ($11.2M), and Mineral Products ($2.4M).

During 2017, New Zealand had a large net trade with Peru in the exports of Animal Products ($70.7M), Machines ($4.95M), and Instruments ($3.25M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru New Zealand+$1.64MCoffee

Top Product Potential New Zealand Peru+$4.04MConcentrated Milk

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

Year

This visualization shows the product space at the HS4 level with the flags of Peru and New Zealand. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Peru.

About

Historical Data

Bilateral Trade by Products

Exports from Peru () to New Zealand () (2022)

Exports from New Zealand () to Peru () (2022)

Latest Data

Trade between Peru () and New Zealand ()

Peru Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Peru () (2022)

Comparative Advantage Peru - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and New Zealand () (2022)

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