What are the strengths of the New Zealand economy? Is it milk lamb? Are there any other advantageous

Updated on delicacies 2024-05-13
4 answers
  1. Anonymous users2024-02-10

    There are also many advantageous industries. wool, tourism, forest industry, etc.

    Livestock is indeed the basis of its economy. Half of the country's total exports are in agricultural and animal husbandry products. The export value of mutton, dairy products and coarse wool is the largest in the world.

    New Zealand is the world's largest producer and exporter of deer antler velvet, accounting for 30% of the world's production.

    The main mineral deposits are coal, gold, iron, natural gas, silver, manganese, tungsten, phosphate, oil, etc., but the reserves are not large. It has 30 million tons of oil reserves and 170 billion cubic meters of natural gas reserves.

    Forest resources are abundant, covering an area of 8.1 million hectares, accounting for 30% of the country's land. There are 6.3 million hectares of natural forests and 1.8 million hectares of planted forests. The main products are logs, logs, paddles, paper and boards.

    Fish is abundant. Industrial products focus on agriculture, forestry and animal husbandry processing, mainly dairy products, blankets, food, winemaking, leather, tobacco, paper and wood processing and other light industries, and the products are mainly for export.

    It accounts for 25% of the world's coarse wool production and the world's largest export. New Zealand's 200-nautical-mile exclusive economic zone is the fourth largest in the world and is rich in fish, with a fishing potential of about 500,000 tonnes per year.

    New Zealand has a pleasant climate, a fresh environment, beautiful scenery, many tourist attractions, and a rich variety of landscapes. Tourism accounts for about 10% of GDP and is the second largest foreign exchange earner after the dairy industry.

  2. Anonymous users2024-02-09

    New Zealand is a high-income economy with a nominal GDP per capita of US$36,254. New Zealand is heavily dependent on international exports, with agricultural and livestock products in particular accounting for about 50 per cent of total exports. Makes New Zealand vulnerable to international commodities** and a global economic slowdown.

    Timber is the second largest export product, accounting for 7. The service sector is the largest share of the New Zealand economy, followed by manufacturing and construction, followed by agriculture and raw material extraction. Tourism plays an important role in the economy, contributing approximately NZ$12.9 billion to New Zealand's GDP in 2016 and supporting the New Zealand workforce.

    The main ** partners are China, Australia, the United States and Japan.

    Renewables (mainly geothermal and hydropower) account for New Zealand's total energy**. Geothermal power alone accounts for 22 percent of New Zealand's energy. New Zealand's education system inherits the fine tradition of the United Kingdom, and the whole country implements a unified education system, and education expenditure accounts for the third largest expenditure.

    Coupled with innovative reforms, it is regarded as one of the best education systems in the world. New Zealand's higher education institutions have excellent academic education standards and have produced four Nobel Prize winners.

  3. Anonymous users2024-02-08

    New Zealand lamb is the best** for many essential nutrients and plays an important role in good health and a balanced diet. It is rich in protein, iron, zinc and B vitamins.

    Protein: New Zealand lamb is a high-protein food with the best amino acid content, providing an average amount of protein per ounce of lamb.

    Iron: New Zealand lamb provides three times as much iron as chicken, twice as much iron as pork and six times as much iron as fish.

    Zinc: Zinc is rarely found in general foods, and New Zealand lamb has a high content of zinc, which is higher than that of chickens, poultry, rice, and vegetables.

    Vitamin B: New Zealand lamb is good for B vitamins** and also contains vitamins B1, B2 and B6. These vitamins keep the body energized, protect eyesight, maintain good health, and aid in the growth of red blood cells.

    Low in fat: New Zealand lamb has less than 8% fat, compared to 20-35% for general cheese. New Zealand lamb is also a low-calorie food, with an ounce of lamb containing only 190 kilocalories, which is equivalent to the calories of a medium-sized potato.

  4. Anonymous users2024-02-07

    In terms of economic strength, New Zealand is certainly a developed country, ranking seventh among developed countries in the world, and its pillar industry is the export of dairy and meat products. Tourism has also added a lot of foreign exchange to New Zealand.

    New Zealand's GDP in 2006 was US$100 million (53rd in the world in 2006); US$29,698 per capita (27th in the world); The Human Development Index is high, ranking 19th in the world, with an increase).

    Livestock is the foundation of New Zealand's economy, with 50% of New Zealand's agricultural and livestock products exported, including the world's largest exports of mutton, dairy products and coarse wool. New Zealand is also the world's largest producer and exporter of deer antler velvet, accounting for 30% of the world's total production. The mineral deposits mainly include coal, gold, iron ore, natural gas, silver, manganese, tungsten, phosphate, oil, etc., but the reserves are not large.

    The oil reserves are 30 million tons, and the natural gas reserves are 170 billion cubic meters. Forest resources are abundant, with a forest area of 8.1 million hectares, accounting for 30 of the country's land area, of which 6.3 million hectares are natural forests and 1.8 million hectares are artificial forests. Fish is abundant.

    The industry is mainly based on the processing of agricultural, forestry and animal husbandry products, mainly dairy products, blankets, food, winemaking, leather, tobacco, paper and wood processing and other light industries, and the products are mainly for export. Agriculture is highly mechanized. The main crops are wheat, barley, oats, fruits, etc.

    Food is not self-sufficient and needs to be imported from Australia.

    The livestock industry is well developed and is the foundation of New Zealand's economy. The land used for animal husbandry is 13.52 million hectares, accounting for half of the country's land area. Dairy products and meat are the most important new exports.

    The export volume of coarse wool ranks first in the world, accounting for 25% of the world's total production. New Zealand is rich in fish and has the world's fourth-largest EEZ, with a fishing potential of about 500,000 tonnes per year within the 200-nautical-mile EEZ. In addition to the food processing industry (meat and dairy) and industry, New Zealand is becoming increasingly competitive in food processing technology, telecommunications, plastics, textiles, forest products, electronics, mountaineering goods and apparel.

    In recent years, the number of specialty lifestyle products, such as sailboats, has also grown rapidly. These industries are reflected in the wide variety of companies on New Zealand's ** index, the NZX.

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