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Market Briefing – NEWZEALAND

MARKET BRIEFING – NEWZEALAND

GENERAL INFORMATION

Location: Located in Oceania, 1,900 km southeast of Australia. It is comprised of two main adjacent

islands, the North Island and South Island,

Area (km2): 268,000

Capital: Wellington

Population: 4 million

MAIN ECONOMIC INDICATORS 2002

Gross Domestic Product (billion US dollars)

58.6

Real GDP growth (%)

2.8

GDP per capita ( current USD)

14,900

Inflation (%)

1.8

Exchange Rate (average) NZD/USD

2.2

 

Foreign trade 2002

 

YEAR ENDED JUNE

 

2001

2002

2003 P

Exports by country

(USD million)

Australia

2,765

2,875

2,750

United States of America

2,114

2,237

1,985

Japan

1,961

1,696

1,525

People's Republic of China

512

652

662

United Kingdom

699

718

619

Republic of Korea

630

666

535

Germany

383

376

389

All merchandise exports

14,545

14,696

13,308

Imports by country

(USD million)

Australia

3,186

3,267

3,308

United States of America

2,408

2,171

1,849

Japan

1,558

1,645

1,762

People's Republic of China

977

1,078

1,221

Germany

645

716

779

United Kingdom

540

549

510

Malaysia

439

364

393

All merchandise imports

14,512

14,460

14,619

Foreign trade 2002

 

YEAR ENDED JUNE

 

2001

2002

2003 P

Exports by commodity

(USD million)

Milk powder, butter and cheese

2,632

2,678

2,127

Meat and edible offal

1,901

2,013

1,869

Logs, wood and wood articles

996

1,081

1,085

Mechanical machinery and equipment

600

634

617

Fish, crustaceans and molluscs

625

637

552

Fruit

475

527

469

Aluminium and aluminium articles

589

535

445

All merchandise exports

14,545

14,696

13,308

Imports by commodity

(USD million)

Vehicles, parts and accessories

1,667

1,995

2,266

Mechanical machinery and equipment

1,869

1,986

1,970

Petroleum and products

1,585

1,238

1,396

Electrical machinery and equipment

1,541

1,276

1,227

Textiles and textile articles

790

753

746

Plastic and plastic articles

608

598

580

Iron and steel and articles

422

463

442

All merchandise imports

14,512

14,460

14,619

MACAO – NEW ZEALAND BILATERAL TRADE BY

MAIN CATEGORIES & PRODUCTS

(Unit: thousand USD)

 

2001

2001

2001
Jan-Nov

2002
Jan-Nov

%

Growth rate (%)

Exports

           

Garments, knitted or crocheted

39.47

81.49

81.49

369.31

31.08

353.17

Footwear

148.04

53.56

53.56

66.56

5.60

24.26

Garments, not knitted or crocheted

28.01

33.11

33.11

31.25

2.63

(5.61)

Furniture

0.00

3.89

3.89

2.85

0.24

(26.88)

Office & automatic data processing machines and appliances

18.12

0.00

0.00

0.00

0.00

N.C.

Other Products

520.70

392.15

299.32

718.29

60.45

139.98

Total

754.35

564.21

471.37

1,188.25

100.00

152.08

Imports

           

Foodstuffs, beverages and tobacco

2,050.09

2,345.56

2,140.75

2,431.17

43.62

13.57

Other consumer goods

204.18

116.37

103.80

172.23

3.09

65.92

Raw Materials and semi-manufactures

3,368.78

2,389.89

2,234.91

2,836.94

50.89

26.94

Capital goods

19.32

115.79

41.71

133.76

2.40

220.69

Total

5,642.37

4,967.61

4,521.17

5,574.10

100.00

23.29

Trade Balance

(4,888.02)

(4,403.40)

(4,049.80)

(4,385.85)

   

USEFUL CONTACT

New Zealand Trade and Enterprise

Website: http://www.marketnewzealand.com/home/index/

New Zealand Government Portal

Address: 2 State Services Commission, P O Box 329,Wellington,

NEW ZEALAND

E-mail: postbox@portal.govt.nz.

Website: http://www.govt.nz

Statistics New Zealand

Tel: 0508 525 525

Fax: 64 4 931 4079

E-mail: info@stats.govt.nz

Website: www.tcc.or.th

SOURCE:

Statistics New Zealand
Macao Economic Services
Economist