Nelson in Focus
Export Trade
New Zealand is a trading nation and exports play a significant role in the Nelson Tasman regional economy. The region has a strong and diversified export sector, with developing clusters in aviation and information technologies as well as the driver clusters of agriculture and horticulture, tourism, forestry and seafood.
In the last 15 years New Zealand has moved from a protected market economy to become one of the most open economies in the western world. Tariffs on imports have been removed or minimised, creating a more efficient and competitive market. New Zealand’s status as an exporter of commodities (dairy, meat and wool) has expanded to include raw and value-added products in forestry, horticulture and seafood. Manufacturing and tourism have also become increasingly important foreign currency earners.
Statistics
Category | Amount |
| NZ GDP (year ending March 2007) |
NZ$163.4 bil |
| Total merchandise exports 2006-07 |
NZ$35.3 bil |
| Percentage of GDP in 2006/07 |
29% |
The top five largest export markets in 2006 were Australia, the United States, Japan, the People’s Republic of China and the United Kingdom, representing over 54% of total merchandise exports.
Australia, China, Japan, South Korea and the United Kingdom were the top five markets (respectively) by growth in absolute value of exports in 2006. This was generally a result of higher global commodity prices that benefited New Zealand dairy and meat exporters.
New Zealand Trade and Enterprise
New Zealand Trade and Enterprise (NZTE) is the government’s national economic development agency. It works to stimulate economic growth by helping to boost export earnings, strengthening regional economies, and delivering economic development assistance to industries and individual businesses. As a global organisation, NZTE uses its knowledge and contacts in overseas markets to connect New Zealand businesses with trade and investment opportunities. With ten offices in New Zealand, including a regional office in Nelson covering the Nelson/Marlborough area, NZTE is well placed to work collaboratively with New Zealand’s regions to stimulate and grow their economic base.
Source: NZTE, Nelson
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