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49.4%CURRENT US$
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$247BCURRENT US$
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40.3%CURRENT US$
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$30,436CURRENT US$
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26.5%CURRENT US$
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About

Saudi Arabia-New Zealand Trade: In 2022, Saudi Arabia exported $258M to New Zealand. The main products that Saudi Arabia exported to New Zealand were Nitrogenous Fertilizers ($196M), Mixed Mineral or Chemical Fertilizers ($17.7M), and Ethylene Polymers ($16M). Over the past 5 years the exports of Saudi Arabia to New Zealand have increased at an annualized rate of 1.43%, from $241M in 2017 to $258M in 2022.

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

New Zealand-Saudi Arabia Trade: In 2022, New Zealand exported $599M to Saudi Arabia. The main products that New Zealand exported to Saudi Arabia were Concentrated Milk ($227M), Butter ($143M), and Cheese ($63.2M). Over the past 5 years the exports of New Zealand to Saudi Arabia have increased at an annualized rate of 3.74%,  from $499M in 2017 to $599M in 2022.

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.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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
Value

In 2022, Saudi Arabia exported $258M to New Zealand. The main products exported from Saudi Arabia to New Zealand were Nitrogenous Fertilizers ($196M), Mixed Mineral or Chemical Fertilizers ($17.7M), and Ethylene Polymers ($16M). During the last 5 years the exports of Saudi Arabia to New Zealand have increased at an annualized rate of 1.43%, from $241M in 2017 to $258M in 2022.

In 2017, New Zealand exported $599M to Saudi Arabia. The main products exported from New Zealand to Saudi Arabia were Concentrated Milk ($227M), Butter ($143M), and Cheese ($63.2M). During the last 5 years the exports of New Zealand to Saudi Arabia have increased at an annualized rate of 3.74%, from $499M in 2022 to $599M in 2017.

Exports from Saudi Arabia (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Saudi Arabia (Flag) (2022)

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Saudi Arabia than New Zealand included China ($68B), India ($46.2B), and South Korea ($36B).

In 2022, countries that imported more from New Zealand than Saudi Arabia included Australia ($5.35B), Algeria ($517M), and Fiji ($380M).

Difference in imports from New Zealand (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - New Zealand

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with New Zealand in the exports of Chemical Products ($220M), Plastics and Rubbers ($25.2M), and Textiles ($6.5M).

During 2017, New Zealand had a large net trade with Saudi Arabia in the exports of Animal Products ($529M), Foodstuffs ($26.4M), and Wood Products ($12.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia New Zealand+$6.56MEthylene Polymers
Top Product Potential New Zealand Saudi Arabia+$5.73MFrozen Bovine Meat

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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Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from New Zealand (Flag) to Saudi Arabia (Flag) (2018)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and New Zealand. This means that a dot/product with the flag of Saudi Arabia 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 Saudi Arabia.

Product Space of Saudi Arabia (Flag) and New Zealand (Flag) (2022)

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