New Zealand

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Coat of arms: depicts a shield with four quadrants divided by a central «pale»:

  • the first quadrant depicts the four stars on the national flag, representing the asterism within the constellation of Crux; the second quadrant depicts a golden fleece, representing the nation's farming industry; the third depicts a sheaf of wheat for agriculture; and the fourth quadrant depicts crossed hammers for mining.
  • the pale depicts three ships, representing the importance of sea trade, and the immigrant nature of all New Zealanders.
  • the dexter supporter is a European woman carrying the flag of New Zealand, while the sinister supporter is a Māori rangatira (chief) holding a taiaha (fighting weapon) and wearing a kaitaka (flax cloak). The female figure is said to be a depiction of Zealandia, a common national personification of New Zealand during the first half of the 20th century. It also broadly represents all «non-indigenous citizens of the country».
  • the shield is surmounted by a rendition of St. Edward's Crown, which has been used in the coronations of New Zealand's monarchs. The Crown also represents New Zealand's historic ties to the United Kingdom.
  • below is a scroll with «New Zealand» on it, behind which are two fern branches, representing the native vegetation.

Flag: is a defaced Blue Ensign: a blue field with the Union Flag in the canton, and four red stars with white borders to the right. The stars' pattern represents the asterism within the constellation of Crux, the Southern Cross.

 
  • Anthem: «God Defend New Zealand» is one of two national anthems of New Zealand, the other being «God Save the Queen».
  • Official languages: English, Māori, NZ Sign Language.
  • Geographical location: it is a sovereign island country in the southwestern Pacific Ocean. New Zealand is situated some 1 500 kilometres (900 mi) east of Australia across the Tasman Sea and roughly 1 000 kilometres (600 mi) south of the Pacific island areas of New Caledonia, Fiji, and Tonga.
  • Administrative divisions: New Zealand is divided into sixteen regions for local government purposes. Eleven are administered by regional councils (the top tier of local government), and five are administered by unitary authorities, which are territorial authorities (the second tier of local government) that also perform the functions of regional councils.
  • Capital: Wellington.
  • Governance: the politics of New Zealand function within a framework of a unitary parliamentary representative democracy. New Zealand is a constitutional monarchy in which a hereditary monarch is the sovereign and head of state. The New Zealand Parliament holds legislative power and consists of the Queen and the House of Representatives. The Queen is usually represented by the Governor-General of New Zealand. Members are elected to the House of Representatives usually every three years.The prime minister is the most senior minister, chair of the Cabinet, and thus head of government. Other ministers are appointed by the governor-general upon the advice of the prime minister, and are all accountable to Parliament. The country has a multi-party system in which many of its legislative practices derive from the unwritten conventions of and precedents set by the United Kingdom's Westminster Parliament. 
  • Population: 4.6 million.
  • Currency: New Zealand dollar.
  • GDP: $200.8 billion.
  • Time zone: GMT +12.
  • Telephone code: +64.
  • Barcode: 94.

 

Trade and economic cooperation between Belarus and New Zealand

New Zealand's economic performance in 2017:

  • GDP — $200.8 billion;
  • Inflation — 2.2%;
  • Unemployment — 4.9%;
  • Exports — $37.4 billion;
  • Imports — $38.7 billion;
  • Credit rating — ААА/stable;
  • Financial year — from July 1 to June 30.

New Zealand is a highly-developed and trade-dependent country.

It has a strong international reputation as a country with efficient and advanced agriculture.

Cattle husbandry (dairy cattle husbandry and sheep breeding), fishery, horticulture, wine production and viniculture form the basis of agriculture. New Zealand is the second biggest producer of wool fiber in the world after Australia. The largest corporation in the country Fonterra holds 85% of the milk market.

A specific feature of the country is that there are no big industrial companies and heavy industries, primarily because of high labor costs. The food industry is the largest one, because of its extensive infrastructure and the highest number of employed people. Along with the food industry, woodworking is also highly developed.

New Zealand is a saturated and sophisticated market. There are the international brands as well as cheap products from China, India, and Southeast Asia.

In recent years, trade turnover between Belarus and New Zealand has fluctuated from $7 million to $26 million.

Dynamics of trade between Belarus and New Zealand (according to the National Statistical Committee of the Republic of Belarus (in million U.S. dollars)

Year

Turnover

Exports

Imports

Surplus

2011

6.9

0.2

6.7

-6.5

2012

25.1

20.5

4.6

15.9

2013

17.0

13.5

3.5

10.0

2014

21.7

15.9

5.8

10.1

2015

25.7

21.0

4.7

16.3

2016

21.7

18.8

2.9

15.9

2017

24.4

20.8

3.6

17.2

In 2017, Belarus mainly exported the products of 4 commodity headings:

  • Potassic fertilizers (98%);
  • Prepared or preserved fish, caviar;
  • Spirits;
  • Measuring and checking instruments, profile projectors.

Belarus's most profitable products, imported by New Zealand:

  • Prepared or preserved crustaceans;
  • Tableware and kitchenware of glass;
  • Corsetry;
  • Footwear with uppers of leather;
  • Men's knitted clothing;
  • Bread and bakery confectionery products;
  • Women's knitted underwear;

Belarus's most promising products to export to New Zealand:

  • Road construction, loading and agricultural machinery;
  • Tyres;
  • Instruments and apparatus;
  • Optic apparatus;
  • Furniture;
  • Spirits;
  • Men's and women's clothing;
  • Footwear.

New Zealand's most valuable products, imported by Belarus:

  • Frozen fish (61.1%);
  • Seeds (15%).
  • Enzymes, prepared enzymes (8.9%);
  • Wine of fresh grapes, grape must (7.1%);
  • Mechano-therapy appliances and other therapeutic respiration apparatus (3.1%).

 

This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in Australia, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in New Zealand for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

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