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What is the relationship between the US and New Zealand?

Posted on September 28, 2022 by Author

Table of Contents

  • 1 What is the relationship between the US and New Zealand?
  • 2 Does New Zealand trade with the US?
  • 3 What is the relationship between New Zealand and the United States?
  • 4 Does the United States have a trade agreement with New Zealand?
  • 5 Does the United States provide development assistance to New Zealand?

What is the relationship between the US and New Zealand?

The United States is New Zealand’s third-largest individual trading partner (behind China and Australia), while New Zealand is the United States’ 48th-largest partner. In 2018, bilateral trade between the two countries was valued at US$13.9 billion or NZ$18.6 billion.

Does New Zealand trade with the US?

New Zealand is currently our 47th largest goods trading partner with $7.4 billion in total (two way) goods trade during 2020. Goods exports totaled $3.2 billion; goods imports totaled $4.2 billion. The U.S. goods trade deficit with New Zealand was $1.0 billion in 2020.

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What is the religion in New Zealand?

Christian
Religion. New Zealand is nominally Christian, with Anglican, Roman Catholic, and Presbyterian denominations being the largest. Other Protestant sects and Māori adaptations of Christianity (the Rātana and Ringatū churches) constitute the remainder of the Christian population.

What is the relationship between New Zealand and the United States?

New Zealand’s relationship with the United States in the post-World War II period was closely associated with the 1951 Australia-New Zealand-United States (ANZUS) security treaty, under which signatories agreed to consult in case of an attack in the Pacific and to “act to meet the common danger.”

Does the United States have a trade agreement with New Zealand?

The United States and New Zealand have had a bilateral Trade and Investment Framework Agreement in place since 1992. According to New Zealand government data, the United States is New Zealand’s third largest source of FDI (after Australia and Hong Kong). Total stock of U.S. FDI in New Zealand was $11.3 billion in 2018.

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Does New Zealand invest in the United States?

According to New Zealand government statistics, the United States was the second most popular destination for New Zealand foreign investment, accounting for X.X percent of all investment in 2018. In 2018, the total stock of foreign direct investment from New Zealand into the United States was $1.3 billion.

Does the United States provide development assistance to New Zealand?

The United States provides no development assistance to New Zealand. Commercial ties between the Unites States and New Zealand are strong and growing. Two-way goods trade between the United States and New Zealand totaled $8.2 billion in 2018, with U.S. goods exports to New Zealand totaling $4.1 billion and imports totaling $4.2 billion.

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