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New Zealand
| Economy Overview |
| Over the past 20 years the government has transformed New Zealand from an agrarian economy dependent on concessionary British market access to a more industrialized, free market economy that can compete globally. This dynamic growth has boosted real incomes (but left behind many at the bottom of the ladder), broadened and deepened the technological capabilities of the industrial sector, and contained inflationary pressures. Per capita income has risen for six consecutive years and is now more than $23,000 in purchasing power parity terms. New Zealand is heavily dependent on trade - particularly in agricultural products - to drive growth. Exports are equal to about 20% of GDP. Thus far the economy has been resilient, and the Labor Government promises that expenditures on health, education, and pensions will increase proportionately to output. |
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| Economy Statistics |
| Exports: |
$19.85 billion (2004 est.) [?]
This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Export
Commodities: |
dairy products, meat, wood and wood products, fish, machinery [?]
This entry provides a rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value.
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Export
Partners: |
Australia 21%, US 14.4%, Japan 11.3%, China 5.7%, UK 4.7% (2004) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| Imports: |
$19.77 billion (2004 est.) [?]
This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Import
Commodities: |
machinery and equipment, vehicles and aircraft, petroleum, electronics, textiles, plastics [?]
This entry provides a rank ordering of imported products starting with the most important; it sometimes includes the percent of total dollar value.
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Import
Partners: |
Australia 22.4%, US 11.3%, Japan 11.2%, China 9.7%, Germany 5.2% (2004) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| Auckland Regional Chamber of Commerce & Industry |
| Address: |
100 Mayoral Drive
P O Box 47, Auckland 1020
New Zealand |
| Phone: |
+64 9 309 6100 |
| Fax: |
+64 9 309 0081 |
| Website: |
http://www.chamber.co.nz/ |
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