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Trade New Zealand is heavily dependent on international trade,[223] particularly in agricultural products.[224] Exports account for 24% of its output,[147] making New Zealand vulnerable to international commodity prices and global economic slowdowns. Food products made up 55% of the value of all the country's exports in 2014; wood was the second largest earner (7%).[225] New Zealand's main trading partners, as at June 2018, are China (NZ$27.8b), Australia ($26.2b), the European Union ($22.9b), the United States ($17.6b), and Japan ($8.4b).[226] On 7 April 2008, New Zealand and China signed the New Zealand–China Free Trade Agreement, the first such agreement China has signed with a developed country.[227] The service sector is the largest sector in the economy, followed by manufacturing and construction and then farming and raw material extraction.[147] Tourism plays a significant role in the economy, contributing $12.9 billion (or 5.6%) to New Zealand's total GDP and supporting 7.5% of the total workforce in 2016.[228] International visitor arrivals are expected to increase at a rate of 5.4% annually up to 2022
Wool was New Zealand's major agricultural export during the late 19th century.[202] Even as late as the 1960s it made up over a third of all export revenues,[202] but since then its price has steadily dropped relative to other commodities[229] and wool is no longer profitable for many farmers.[230] In contrast dairy farming increased, with the number of dairy cows doubling between 1990 and 2007,[231] to become New Zealand's largest export earner.[232] In the year to June 2018, dairy products accounted for 17.7% ($14.1 billion) of total exports,[226] and the country's largest company, Fonterra, controls almost one-third of the international dairy trade.[233] Other exports in 2017-18 were meat (8.8%), wood and wood products (6.2%), fruit (3.6%), machinery (2.2%) and wine (2.1%).[226] New Zealand's wine industry has followed a similar trend to dairy, the number of vineyards doubling over the same period,[234] overtaking wool exports for the first time in 2007.[235][236]

Infrastructure In 2015, renewable energy generated 40.1% of New Zealand's gross energy supply.[237] The majority of the country's electricity supply is generated from hydroelectric power, with major schemes on the Waikato, Waitaki and Clutha rivers, as well as at Manapouri. Geothermal power is also a significant generator of electricity, with several large stations located across the Taupo Volcanic Zone in the North Island. The five main companies in the generation and retail market are Contact Energy, Genesis Energy, Mercury Energy, Meridian Energy, and TrustPower. State-owned Transpower operates the high-voltage transmission grids in the North and South Islands, as well as the Inter-Island HVDC link connecting the two together.[237] The provision of water supply and sanitation is generally of good quality. Regional authorities provide water abstraction, treatment and distribution infrastructure to most developed areas.[238][239] A mid-size jet airliner in flight. The plane livery is all-black and features a New Zealand silver fern mark. A Boeing 787-9 Dreamliner of Air New Zealand, the flag carrier of New Zealand New Zealand's transport network comprises 94,000 kilometres (58,410 mi) of roads, including 199 kilometres (124 mi) of motorways,[240] and 4,128 kilometres (2,565 mi) of railway lines.[147] Most major cities and towns are linked by bus services, although the private car is the predominant mode of transport.[241] The railways were privatised in 1993, but were re-nationalised by the government in stages between 2004 and 2008. The state-owned enterprise KiwiRail now operates the railways, with the exception of commuter services in Auckland and Wellington which are operated by Transdev[242] and Metlink,[243] respectively. Railways run the length of the country, although most lines now carry freight rather than passengers.[244] Most international visitors arrive via air[245] and New Zealand has six international airports, but currently only the Auckland and Christchurch airports connect directly with countries other than Australia or Fiji.[246] The New Zealand Post Office had a monopoly over telecommunications in New Zealand until 1987 when Telecom New Zealand was formed, initially as a state-owned enterprise and then privatised in 1990.[247] Chorus, which was split from Telecom (now Spark) in 2011,[248] still owns the majority of the telecommunications infrastructure, but competition from other providers has increased.[247] A large-scale rollout of gigabit-capable fibre to the premises, branded as Ultra-Fast Broadband, began in 2009 with a target of being available to 87% of the population by 2022.[249] As of 2017, the United Nations International Telecommunication Union ranks New Zealand 13th in the development of information and communications infrastructure.[250] Science and technology Early indigenous contribution to science in New Zealand was by Maori tohunga accumulating knowledge of agricultural practice and the effects of herbal remedies in the treatment of illness and disease. Cook's voyages in the 1700s and Darwin's in 1835 had important scientific botanical and zoological objectives.[251] The establishment of universities in the 19th century fostered scientific discoveries by notable New Zealanders including Ernest Rutherford for splitting the atom, William Pickering for rocket science, Maurice Wilkins for helping discover DNA, Beatrice Tinsley for galaxy formation, and Alan MacDiarmid for conducting polymers.[252] Crown Research Institutes (CRIs) were formed in 1992 from existing government-owned research organisations. Their role is to research and develop new science, knowledge, products and services across the economic, environmental, social and cultural spectrum for the benefit of New Zealand.[253] The total gross expenditure on research and development (R&D) as a proportion of GDP rose to 1.37% in 2018, up from 1.23% in 2015. New Zealand ranks 21st in the OECD for its gross R&D spending as a percentage of GDP.[254] Demography Main article: Demographics of New Zealand Stationary population pyramid broken down into 21 age ranges. Population pyramid (2017) The 2018 New Zealand census enumerated a resident population of 4,699,755, an increase of 10.8% over the 2013 figure.[3] As of June 2020, the total population has risen to an estimated 5,006,780.[n 8][5] In May 2020 Statistics New Zealand reported that New Zealand's population had climbed above 5 million people in March 2020.[256] New Zealand is a predominantly urban country, with 66.0% of the population living in the twenty main urban areas (i.e. population 30,000 or greater) and 45.3% living in the four largest cities of Auckland, Christchurch, Wellington, and Hamilton.[257] New Zealand cities generally rank highly on international livability measures. For instance, in 2016 Auckland

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