Trade Relations Between the Visegrad Group (V4) and New Zealand
Patrícia SAJKOVÁ – Elena KAŠŤÁKOVÁ
https://doi.org/10.18267/pr.2026.vol.2587.29
Abstract: This study examines the development of foreign trade between the Visegrad Group (V4) and New Zealand from 2014 to 2024. While the European Union-New Zealand Free Trade Agreement (EU-NZ FTA), which entered into force in 2024, sets the stage for future growth, this study looks back at the last decade of trade to identify the core strengths and patterns that existed before the agreement took effect. The paper is structured around the research question: How has the intensity and specialisation of V4-NZ trade evolved over the 2014-2024 period? To address this question, the Trade Intensity Index (TII) was applied to evaluate the degree of bilateral trade, while the Revealed Comparative Advantage Index (RCA) and Revealed Symmetric Comparative Advantage Index (RSCA) were used to identify commodities with a comparative advantage for the V4 at NZ´s market and for NZ at the V4´s market. The results show sectoral specialisation and engagement in each other´s markets. The study contributes to the empirical literature on small open economies and offers a foundation for further research, such as a gravity model testing the statistical significance of the impact of the EU-NZ FTA.
Keywords: Visegrad group, New Zealand, Trade relations
JEL Classification codes: F10, F13, F15
Fulltext: PDF
Published by: Prague University of Economics and Business, Oeconomica Publishing House
Year of publication: 2026
Online publication date: 20 May 2026
Copyright: Authors of the papers
ISBN 978-80-245-2587-7
ISSN 2453-6113
Pages 346-356