New Zealand Advanced Manufacturing Sector
As advanced manufacturing increases in New Zealand, opportunities exist for U.S. companies.
New Zealand’s manufacturing sector is a significant contributor to the New Zealand economy yet largely reflects the production of products grown and/or raised by this country’s agribusiness sector.
As a result of COVID-19, New Zealand’s economy is exposed as reliant on low-productivity and low-value exports. It is widely accepted that advanced manufacturing is critical for diversifying New Zealand’s exports to create higher export earnings.
New Zealand’s advanced manufacturing sector represents a small number of niche operators working within health technology and generic pharmaceuticals; communications; agricultural technology and science sectors, and New Zealand’s emerging space sector.
Opportunities exist for U.S. companies in:
- Innovative technologies to increase productivity and reduce manufacturing labor costs (across all sectors)
- Specialized parts/components for use in local advanced manufacturing processes
- Testing of new technologies: New Zealand was early to set-up compliance regulations to attract U.S. companies
For more information contact Office.Wellington@trade.gov.