Nz terms of trade statistics by country
New Zealand has an open economy that works on free market principles. Over the last 30 years our economy has gone from being one of the most regulated in the OECD to one of the least regulated, most free-market based economies. Fertile soil and excellent growing conditions coupled with sophisticated farming methods and advanced agricultural technology provide the ideal environment for pastoral, forestry and horticulture activities. Complementing primary production are sizeable manufacturing and service sectors and growing high-tech capabilities.
Tourism, film production, and winemaking are also significant. We have a low-inflation environment, with monetary policy managed by the Reserve Bank, our independent central bank that is charged with maintaining price stability. We have a long-standing flexible exchange rate. There are no exchange controls or restrictions on bringing in or repatriating funds. Annual growth has averaged 2. Share prices, despite a strong rally since the global finanical crisis, remain underpinned by growing corporate earnings and attractive dividend yields.
The government is pursuing further opportunities in Europe and also in emerging regions including the Middle East and Latin America.
While we export a wide and growing range of products, commodity-based products remain a main source of export receipts. Principal trading partners Treasury. Goods and services trade by country Stats NZ. If you're an entrepreneur or investor looking to create positive global impact, our new Global Impact Visa GIVs could be for you. New Zealand has an open economy that works on free market principles.
Over the last 30 years our economy has gone from being one of the most regulated in the OECD to one of the least regulated, most free-market based economies. Fertile soil and excellent growing conditions coupled with sophisticated farming methods and advanced agricultural technology provide the ideal environment for pastoral, forestry and horticulture activities.
Complementing primary production are sizeable manufacturing and service sectors and growing high-tech capabilities. Tourism, film production, and winemaking are also significant. We have a low-inflation environment, with monetary policy managed by the Reserve Bank, our independent central bank that is charged with maintaining price stability. We have a long-standing flexible exchange rate. There are no exchange controls or restrictions on bringing in or repatriating funds.
Annual growth has averaged 2. Share prices, despite a strong rally since the global finanical crisis, remain underpinned by growing corporate earnings and attractive dividend yields.
The government is pursuing further opportunities in Europe and also in emerging regions including the Middle East and Latin America. While we export a wide and growing range of products, commodity-based products remain a main source of export receipts.
Principal trading partners Treasury.