Largest industry in new zealand
The largest industry in New Zealand is agriculture, which accounts for around 3.5% of the country's GDP. New Zealand is known for its high-quality agricultural products, including:
- Dairy products: New Zealand is one of the world's largest dairy producers, with Fonterra Co-operative Group being the largest dairy company in the country.
- Meat: New Zealand is a significant producer of beef, lamb, and pork, with many farms exporting their products to countries around the world.
- Wool: New Zealand is a major producer of wool, with many sheep farms producing high-quality wool for the textile industry.
- Horticulture: New Zealand is also a significant producer of horticultural products, including kiwifruit, avocados, and apples.
Other major industries in New Zealand include:
- Tourism: Tourism is a significant contributor to New Zealand's economy, with millions of visitors arriving each year to enjoy the country's natural beauty, outdoor activities, and cultural attractions.
- Manufacturing: New Zealand has a diverse manufacturing sector, with companies producing a range of products, including food and beverages, textiles, and machinery.
- Services: The services sector is also a significant contributor to New Zealand's economy, with many companies providing financial, professional, and business services.
- Technology: New Zealand has a growing technology sector, with companies specializing in areas such as software development, data analytics, and cybersecurity.
Some of the largest companies in New Zealand include:
- Fonterra Co-operative Group (dairy)
- Infratil (infrastructure and services)
- Meridian Energy (energy)
- Air New Zealand (aviation)
- Spark New Zealand (telecommunications)
- Westpac Banking Corporation (banking)
- ANZ Bank New Zealand (banking)
- Fisher & Paykel Healthcare (medical devices)
- Kathmandu (retail)
- Trade Me (online marketplace)
These companies are major employers and contributors to the New Zealand economy, and many are listed on the New Zealand Stock Exchange (NZX).