OPEN FOR BUSINESS An introduction to New Zealand August 2014.

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Presentation transcript:

OPEN FOR BUSINESS An introduction to New Zealand August 2014

AN INTRODUCTION TO THE NEW ZEALAND ECONOMY Section 01

Page Click to edit Master title style TENA KOTU. WELCOME TO NEW ZEALAND. LAND AREA: 268,000 KM 2 103,000 MILES 2 Source: Statistics New Zealand NZ DOLLAR CURRENCY ENGLISH & MAORI LANGUAGES 4.5 M POPULATION DEMOCRATIC GOVERNMENT $212 B GROSS DOMESTIC PRODUCT 3THE NEW ZEALAND STORY

PageTHE NEW ZEALAND STORY ECONOMIC FACTORTOTALDATE RELEASED NZ NATIONAL POPULATION4,525,900MARCH 2014 GDP (NZ$ BILLION)211.9DECEMBER 2013 GDP PER CAPITANZ $47,600DECEMBER 2013 CPI INFLATION1.6%DECEMBER 2013 UNEMPLOYMENT RATE6.0%MARCH 2014 TOTAL EXPORTS (NZ$ BILLION)59.6JUNE 2013 TOTAL IMPORTS (NZ$ BILLION)59.1JUNE 2013 EXCHANGE RATE0.87MARCH ECONOMIC OVERVIEW Source: Statistics New Zealand

Page New Zealand’s relative GDP per capita GDP PER CAPITA COMPARISON THE NEW ZEALAND STORY5 Source: OECD 2013

Page NEW ZEALAND’S NOMINAL GDP GROWTH THE NEW ZEALAND STORY6 Source: Global Trade Atlas

Page New Zealand’s exports by country (NZ$ billion) NEW ZEALAND’S MAJOR EXPORT DESTINATIONS THE NEW ZEALAND STORY7 Source: Global Trade Atlas

PageTHE NEW ZEALAND STORY Exported Goods and Services Year end June NEW ZEALAND’S EXPORT FOOTPRINT $13.9B$45.7B Travel:49% Transportation:18% Other Business Services:14% Dairy:25% Meat:12% Wood Products:07% EXPORTS OF SERVICES EXPORTS OF GOODS Source: Statistics New Zealand

Page Exported Merchandise Goods Year end June 2013 NEW ZEALAND’S EXPORT FOOTPRINT: GOODS 9THE NEW ZEALAND STORY DAIRY 25% MACHINERY 3% WOOD 7% MEAT 12% PETRO- CHEMICALS 4% FISH 3% FRUITS & NUTS 3% BEVERAGES 3% Source: Statistics New Zealand June 2013

Page The top 10 Goods categories contribute $31.1b 10 NEW ZEALAND’S EXPORT FOOTPRINT: GOODS 10THE NEW ZEALAND STORY Source: Statistics New Zealand June 2013

Page Exported Services Year end June 2013 NEW ZEALAND’S EXPORT FOOTPRINT: SERVICES 11THE NEW ZEALAND STORY TRAVEL 49% PERSONAL, CULTURAL & RECREATIONAL SERVICES 5% FINANCIAL SERVICES 5% COMPUTERS & INFORMATION TECHNOLOGY 4% TRANSPORTATION 18% Source: Statistics New Zealand June 2013

PageTHE NEW ZEALAND STORY The top 10 Services categories contribute $13.9b 12 NEW ZEALAND’S EXPORT FOOTPRINT: SERVICES TravelTransportationOther business services Personal, cultural and recreational services Financial services Computer and information services Royalties and licence fees Communications services Insurance services Construction Services Government services Source: Statistics New Zealand June 2013

Page NEW ZEALAND’S INTERNATIONAL ECONOMY $118.7 B Imports & Exports Year Ending June 2013 Imports: Top 5 Markets Australia: $11.7B China: $7.7B United States: $5.7B Japan: $2.9B Singapore: $2.7B Exports: Top 5 Markets Australia: $13.5B China: $9.0B United States: $6.0B Japan: $3.6B United Kingdom: $2.3B 13THE NEW ZEALAND STORY Source: Statistics New Zealand

Page Click to edit Master title style New Zealand has a reputation for creating high quality, innovative products and services. We are a strongly trade-oriented society that has developed sophisticated infrastructure and policies to support companies that do business internationally. We are well connected by efficient technology and logistics. We are ready to partner and are open for business. IN SUMMARY 14THE NEW ZEALAND STORY

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