New Zealand – key data at a glance

New Zealand is an island nation situated in the South Pacific Ocean. With a land area of 268,000 square kilometres, it is similar in size to Japan or Britain. We have a relatively large exclusive maritime economic zone of 4.1 million square kilometres.

Over half of New Zealand's total land area is pasture and arable land, and more than a quarter is under forest cover, including 1.8 million hectares of planted production forest. Lakes and rivers cover 1 percent of the land area. Most of the rivers are swift and seldom navigable, but many are valuable sources of hydro-electric power.

New Zealand’s resident population is approximately 4.7 million. With an estimated population of 1.5 million people, the Greater Auckland Region is one of the fastest growing regions in the country.

Trade is essential to New Zealand’s economic prosperity. Exports of goods and services make up around 30 percent of gross domestic product (GDP), and New Zealand’s trade interests are well diversified. Australia, China, North America, the European Union and the Association of South-East Asian Nations are our largest markets for goods and services exports. Other major trading partners include Japan and the Republic of Korea.

Asia-Pacific regional linkages remain at the core of New Zealand’s political and economic interests. The countries of Asia-Pacific Economic Cooperation (APEC) take more than 70 percent of New Zealand’s exports, provide 71 percent of tourism arrivals, and account for around 75% percent of New Zealand’s foreign direct investment. However, New Zealand’s trade policy still has strong links to Europe and successive governments have also pursued opportunities in emerging regions, such as in the Middle East and Latin America.

While New Zealand exports a broad range of products, it remains reliant on exports of commodity-based products as a main source of export receipts and relies on imports of raw materials and capital equipment for industry.

The following are a selection of economic indicators and investment statistics including foreign direct investment levels, exports and markets.

Economic indicators

 Economic indicators  Total  Year end 
 Population  4,693,000  Jun - 16
 Nominal GDP (NZ$million)¹  256,190  Sep - 16 
 Nominal GDP growth (%)  4.4  Sep - 16
 Nominal GDP per capita (NZ$)²  54,842  Sep - 16
 Real GDP (NZ$million)³  227,201  Sep - 16
 Real GDP growth (%)  3.0  Sep - 16
 Real GDP per capita (NZ$)  48,711  Sep - 16
 CPI inflation (%)  0.4  Sep - 16
 Unemployment rate (%)  4.9  Sep - 16 
 Total merchandise exports (fob, actual values, NZ$million)  49,330  Jun - 16
 Total merchandise imports (cif, actual values, NZ$million)  50,076  Jun - 16
 Trade surplus / deficit (current prices, NZ$million)  3,645  Jun - 16
 Export of services (NZ$million)  21,545  Jun - 16
 Import of services (NZ$million)  17,154  Jun - 16
 Stock of New Zealand's direct investment abroad (NZ$million)  25,584  Mar - 16
 Stock of foreign investment in New Zealand (NZ$million)  98,408  Mar - 16

1 In current prices
2 In 2009/10 prices, includes unallocated taxes on production and imports, and balancing items
3 Seasonally adjusted
Source: Statistics New Zealand

Foreign direct investment flows into New Zealand by country

 Country  NZ$ million  Year end
 Australia  537  Mar - 16
 Canada  339  Mar - 16
 Cayman Islands   -95  Mar - 16
 Channel Islands  0  Mar - 16
 China, People's Republic of   0  Mar - 16
 Hong Kong (SAR)  109  Mar - 16
 Japan  -26  Mar - 16
 Netherlands  718  Mar - 16
 Singapore  418  Mar - 16
 Switzerland  -25  Mar - 16
 United States of America  100  Mar - 16
 United Kingdom  -956  Mar - 16
 Virgin Islands, British  3,009  Mar - 16
 Total direct investment in NZ  -921  Mar - 16

Only a limited country breakdown is shown in this table, therefore data does not sum to stated totals 
Source: Statistics New Zealand

Stock of foreign direct investment in New Zealand by country

Country   NZ$ million  Year end
 Australia  50,659  Mar - 16
 Canada  4,275  Mar - 16
 Cayman Islands   1,034  Mar - 16
 China, People's Republic of  Confidential  Mar - 16
 Hong Kong (SAR)  5,503  Mar - 16
 Japan  4,826  Mar - 16
 Netherlands  4,235  Mar - 16
 Singapore  5,651  Mar - 16
 Switzerland  439  Mar - 16
 United Kingdom  5,367  Mar - 16
 United States of America  7,686  Mar - 16
 Virgin Islands, British  3,009  Mar - 16
 Total direct investment in NZ1  98,408  Mar - 16

1 Only a limited country breakdown is shown in this table, therefore data does not sum to stated totals
Source: Statistics New Zealand

Stock of total foreign investment in New Zealand by country

Country NZ$ million Year end
 Australia  114,882  Mar - 16
 Canada  5,570  Mar - 16
 Cayman Islands  1,158  Mar - 16
 Channel Islands  Confidential  Mar - 16
 China, People's Republic of  5,464  Mar - 16
 Hong Kong (SAR)  8,504  Mar - 16
 Japan  11,753  Mar - 16
 Malaysia  638  Mar - 16
 Netherlands  8,692  Mar - 16
 Singapore  7,753  Mar - 16
 Switzerland  1,924  Mar - 16
 United Kingdom  74,319  Mar - 16
 United States  35,952  Mar - 16
 Virgin Islands, British  3,014  Mar - 16
 Total investment in NZ1  386,360  Mar - 16

1 Only a limited country breakdown is shown in this table, therefore data does not sum to stated totals
Source: Statistics New Zealand

Exports - top commodities

Commodity NZ$ million Year end
 Milk powder, butter, and cheese  11,162  Jun - 16
 Business and other personal travel  10,264  Jun - 16
 Meat and edible offal  6,602  Jun - 16
 Logs, wood and wood articles  3,822  Jun - 16
 Education-related travel  3,539  Jun - 16
 Fruit  3,539  Jun - 16
 Air transport  2,034  Jun - 16
 Mechanical machinery and equipment  1,726  Jun - 16
 Wine  1,569  Jun - 16
 Fish, crustaceans, and molluscs   1,586  Jun - 16
 Confidential items  1,033  Jun - 16
  Preparations of cereal, flour and starch  1,099  Jun - 16
 Electrical machinery and equipment  1,083
 Jun - 16
 Casein and caseinates  995  Jun - 16
 Aluminium and aluminium articles  985
 Jun - 16
 Telecommunication, computer, and information  872
 Jun - 16
 Optical, medical, and measuring equipment
 850
 Jun - 16
 Wool
 760  Jun - 16
 Total1  70,875  Jun - 16
 Commercial services2  4,607  Jun - 16

 1 Only a limited country breakdown is shown in this table, therefore data does not sum to stated totals
Commercial services includes trade in all services except, travel (expenditure by international visitors), transportation, insurance, and government services.
Source: Statistics New Zealand

Exports - top 20 countries

 Country  Goods NZ$ million  Services NZ$ million  Total NZ$ million Year end
 Australia  8,382  4,589  12,970  Jun-16
 China, People's Republic of  9,160  3,000  12,106  Jun-16
 United States  5,654  2,669  8,314  Jun-16
 Japan  3,037  846  3,884  Jun-16
 United Kingdom  1,619  1,489  3,108  Jun-16
 Korea, Republic of  1,592  573  2,165  Jun-16
 Singapore  1,185  408  1,594  Jun-16
 Germany  715  812  1,527  Jun-16
 India  656  1,068  1,271  Jun-16
 Taiwan  1,112  159  1,271  Jun-16
 Malaysia  848  223  1,071  Jun-16
 Hong Kong (SAR)  808  357  1,165  Jun-16
 Canada  676  388  1,014  Jun-16
 United Arab Emirates  867  125  992  Jun-16
 Netherlands  867  133  999  Jun-16
 Thailand  810  204  1,014  Jun-16
 Indonesia  840  107  947  Jun-16
 Philippines  623   218  841  Jun-16
 France  379  374  753  Jun-16
 Saudi Arabia  554  96  649  Jun-16

Source: Statistics New Zealand

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