What are New Zealands biggest industries?

Author: Ms. Lenore Lehner Jr.  |  Last update: Saturday, November 20, 2021

The biggest industries in New Zealand include the Agricultural and horticulture sector, mining, and fishing industries.

What are major industries in New Zealand?

Primary industries – farming and forestry

New Zealand's primary industries are dominated by dairy, beef and sheep farming, but forestry, fisheries and horticulture are also important.

What is New Zealand's main source of income?

Agricultural products—principally meat, dairy products, and fruits and vegetables—are New Zealand's major exports; crude oil and wood and paper products are also significant. The major imports are crude and refined oil, machinery, and vehicles.

What industry makes the most money in NZ?

Agriculture is New Zealand's biggest industry. Overall, it generates 70% of NZ's merchandise export earnings and 12% gross domestic product. New Zealand is the world's largest exporter for dairy and sheep meat, which is evident as you drive past never-ending sheep and cow fields.

What are the 4 main industries?

There are four types of industry. These are primary, secondary, tertiary and quaternary. Primary industry involves getting raw materials e.g. mining, farming and fishing. Secondary industry involves manufacturing e.g. making cars and steel.

Economy of New Zealand Crash Course

What are the 18 manufacturing industries?

Seventeen of 18 manufacturing industries reported growth in July, in the following order: Furniture & Related Products; Printing & Related Support Activities; Apparel, Leather & Allied Products; Miscellaneous Manufacturing; Computer & Electronic Products; Nonmetallic Mineral Products; Machinery; Fabricated Metal ...

What are the 5 largest industries in the world?

Global Biggest Industries by Employment in 2021
  • Global Consumer Electronics Manufacturing. 17,430,942.
  • Global Commercial Real Estate. 17,164,710.
  • Global Fast Food Restaurants. 13,458,146.
  • Global HR & Recruitment Services. 11,988,376.
  • Global Hotels & Resorts. ...
  • Global Apparel Manufacturing. ...
  • Global Coal Mining. ...
  • Global Tourism.

What is the biggest market in NZ?

Riccarton Market is New Zealand's largest outdoor market and a major Christchurch tourist attraction.

What is New Zealand's biggest export?

New Zealand's Top 10 Exports
  • Meat: $5.6 billion (14.6%) Wood: $2.9 billion (7.6%) ...
  • Alcoholic beverages: $1.4 billion (3.8%)
  • Machines, engines, pumps: $1.3 billion (3.5%) Modified starches, enzymes: $1.1 billion (3%) ...
  • Other food preparations: $876.8 million (2.3%) Aluminum: $835.3 million (2.2%)

What is the best business in New Zealand?

List of 20 Business Investment Opportunities in New Zealand
  • #1. Agriculture. Actually, agriculture offers a wide range of opportunities for earning money. ...
  • #2. Car Rental. This is an emerging sector in New Zealand. ...
  • #3. Clothing. ...
  • #4. Delivery. ...
  • #5. eBay Selling. ...
  • #7. Financial Services. ...
  • #9. Graphics Designing. ...
  • #10. Handyman.

What is the most common job in New Zealand?

The most popular career this year was police officer, according to the most searched for jobs on careers.govt.nz in 2018.
The top 10 jobs searched for on the careers.govt.nz site as at 10 December 2018:
  • Police Officer.
  • Registered Nurse.
  • Psychologist.
  • Secondary School Teacher.
  • Accountant.
  • Pilot.
  • Primary School Teacher.
  • Surgeon.

Why is New Zealand so poor?

New Zealand is remote and has a small domestic population, which makes a lot of local manufacturing less competitive. A country like Denmark can export to every country in Europe more cheaply than New Zealand can export to our closest export market.

What type of economy is New Zealand?

New Zealand has an open economy that works on free market principles. It has sizeable manufacturing and service sectors complementing a highly-efficient agricultural sector. Exports of goods and services account for around one third of real expenditure GDP.

What are New Zealands top 5 exports?

Exports The top exports of New Zealand are Concentrated Milk ($5.73B), Sheep and Goat Meat ($2.62B), Rough Wood ($2.31B), Butter ($2.29B), and Frozen Bovine Meat ($2.09B), exporting mostly to China ($11.1B), Australia ($5.7B), United States ($3.78B), Japan ($2.38B), and South Korea ($1.15B).

What are the different industries in NZ?

Industries on the graph are grouped into four broad industries:
  • goods-producing industries – manufacturing; electricity, gas, water, and waste services; and construction.
  • primary industries – agriculture, forestry, fishing, and mining.

What are New Zealands top 10 exports?

New Zealand's Top 10 Exports
  • Dairy, eggs, honey: US$10.6 billion (28.5% of total exports)
  • Meat: $5.2 billion (14%)
  • Wood: $2.9 billion (7.9%)
  • Fruits, nuts: $2.5 billion (6.7%)
  • Cereal/milk preparations: $1.6 billion (4.3%)
  • Beverages, spirits, vinegar: $1.5 billion (4%)
  • Fish: $1.1 billion (2.8%)

Is there a stock market in New Zealand?

New Zealand's Exchange (the NZX), or Te Paehoko o Aotearoa in te reo Māori, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, LifeSaver (a financial provider for KiwiSaver), and Wealth Technologies.

Who owns foodstuffs in NZ?

The first Foodstuffs co-operative was formed in 1922. Today, there are two co-operative companies: Foodstuffs South Island Limited and Foodstuffs North Island Limited. We're proud to say that Foodstuffs remains 100% New Zealand owned and operated, working in the heart of our communities.

How many farmers markets are there in NZ?

Fifty thousand New Zealanders shop at farmers' markets every week, with local economies and communities benefitting from the worldwide resurgence of interest in seasonal food. With over 40 markets operating in New Zealand, this quiet revolution is slowly changing the way we think, shop and eat.

What is the biggest industry in the world 2020?

Global Biggest Industries by Revenue in 2020
  • Global Oil & Gas Exploration & Production. ...
  • Global Commercial Real Estate. ...
  • Global Car & Automobile Sales. ...
  • Global Car & Automobile Manufacturing. ...
  • Global Direct General Insurance Carriers. ...
  • Global Auto Parts & Accessories Manufacturing. ...
  • Global Commercial Banks. ...
  • Global Tourism.

Which industries fall under manufacturing?

Types of Manufacturing Industries
  • Clothing and Textiles. Companies that process raw wool, cotton and flax to make cloth are categorized under the clothing and textiles sector. ...
  • Petroleum, Chemicals and Plastics. ...
  • Electronics, Computers and Transportation. ...
  • Food Production. ...
  • Metal Manufacturing. ...
  • Wood, Leather and Paper.

What are examples of manufacturing industry?

The following are common examples of manufacturing industries.
  • Transportation. Transportation equipment and vehicles. ...
  • Fast Moving Consumer Goods. ...
  • Electronics. ...
  • Chemical Industry. ...
  • Pharmaceutical Industry. ...
  • Paper Industry. ...
  • Printing & Publishing. ...
  • Industrial Equipment.

Previous article
What color of hair is the thickest?
Next article
Is being left-handed a birth defect?