Why New Zealand?
Compared to most countries in the world, New Zealand offers a great work-life balance. That’s reflected time and time again in international surveys. Moving to New Zealand also means experiencing what many people describe as one of the greenest and most beautiful countries you could find. Just think of the scenery in Lord of The Rings or The Hobbit and you’ve got the picture. Night owls and culture vultures are equally well served with great restaurants, music, movies and more. And it’s safe to go out in the evenings to enjoy them. The education system is world-class as is our health care. And the economy has weathered the global financial crisis well, so job and career prospects are generally good. (Our economy grew 3% in 2012, and the IMF is predicting another 3% growth in 2013.) 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.
Major exports from New Zealand are: Milk powder, butter, and cheese, Business and other personal travel, Meat and edible offal, Logs, wood and wood articles, Education-related travel, Fruit, Air transport, Mechanical machinery and equipment, Wine, Fish, crustaceans, and molluscs , Preparations of cereal, flour and starch, Electrical machinery and equipment, Aluminium and aluminium articles, Telecommunication, computer, and information etc.