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COUNTRY PROFILE / NEW ZEALAND

COUNTRY PRESENTATION

Continent: Oceania

Official Name: New Zealand – Aotearoa (“the land of the long white cloud”, the Māori name for the country).
Type of Government: Parliamentary monarchy.

Head of State: King Charles III, represented since October 21, 2021, by the Governor-General of New Zealand, Dame Cindy Kiro.

Head of Government: Mr. Chris Hipkins, Prime Minister.

Area: 269,652 km²
Currency: New Zealand dollar (NZD)
Population (2019): 4.95 million inhabitants (December 2019), including 67.6% New Zealand Europeans, 14.6% Māori, 9.2% Asians, and 6.9% Pacific Islanders

Capital: Wellington

Main Cities: Auckland, Christchurch, Dunedin, Hamilton

Official Languages: English, Māori

Common Language: English (96%), Māori (4%)

ASSESSMENT OF BILATERAL COOPERATION

In its 2021-2025 government work program, Côte d'Ivoire has committed to expanding its diplomatic network. The Ivorian authorities desired Côte d'Ivoire's presence in the Pacific-Oceania region. As a result, the first embassy was opened in Australia, a neighboring country to New Zealand. This policy aims to attract numerous foreign investors, penetrate new markets to strengthen trade exchanges, and access new financial markets.

In this context, the President of the Republic, H.E. Alassane OUATTARA, granted an audience to Mr. John KEY, Prime Minister of New Zealand, during the United Nations General Assembly in September 2013. However, prior to this audience, a New Zealand envoy had been dispatched to the President of the Republic in April 2013 to seek Côte d'Ivoire's support for New Zealand's candidacy for a non-permanent seat on the United Nations Security Council for the 2015-2016 period.

These high-level meetings aim to enhance exchanges and bilateral relations between the two countries and demonstrate the desire for        New Zealand's cooperation with French-speaking African countries.

New Zealand's exports to Africa increased until 2014, with Africa receiving 9% of New Zealand's dairy exports. In addition to exports, various New Zealand companies are successfully exploring service opportunities in Africa, particularly in education, software and mobile technologies, and agriculture.

Furthermore, New Zealand has established an aid program for Africa. This Aid Program emphasizes encouraging sustainable economic development. Although its influence is limited, it is appreciated. Through this program, the New Zealand Government remains committed to supporting developing countries, reducing poverty, and making tangible improvements in people's lives. It covers four areas: agriculture, renewable energy, business, education, and training.

Moreover, New Zealand regularly contributes to humanitarian aid programs. More recently, this aid included personnel and funds supporting UN actions against the Ebola outbreak in Sierra Leone. Other recent contributions include humanitarian aid in the Central African Republic, emergency food aid, support for livelihoods, and funding for United Nations special funds created to support African Union missions in Somalia and the Central African Republic.

Agricultural products are the main export source of New Zealand. However, it also exports dairy products, meat, timber, fruits, fish products, gas, oil, and coal.                  

TRADE

A. Main Exports from Côte d’Ivoire to New Zealand: Rubber, cashew nuts, bulk cotton, timber, processed cocoa, essential oils, plastic products.

B. Main Imports from Côte d’Ivoire from New Zealand: Plastics, road transport equipment, iron and steel, mechanical machines, automobiles, and fresh fruits and vegetables.

TRADE FLOWS COTE D’IVOIRE - NEW ZEALAND

Trade between Côte d'Ivoire – New Zealand (Value in millions of CFA francs)

Years

2019

2020

2021

2022

2023

Exports

1, 062

NP

98, 369

265, 084

0,006

Imports

10 835

8 655

10 587

15 723

15 368

Trade Balance

-10 834

8 655

-10 489

-15 458

-15 368

Total Bilateral Trade

10 836

8 655

10 587

15 988

15 368

Sources : DGE-DPPSE               NP : Not Provided 

 

image-20240819105804-1

Sources : DGE-DPCEI

 

Exports fluctuate drastically, which could be due to changes in demand for Ivorian products in New Zealand, variations in production, or global economic factors influencing trade. For the period 2019-2023, the average value of Ivorian exports is estimated at 0.091 billion CFA francs per year;

 

Imports show a more stable trend, suggesting a continuous and growing demand for New Zealand products. This could be due to constant needs or trade agreements favoring imports. For the period 2019-2023, the average value of Ivorian imports is estimated at 12.234 billion CFA francs per year;

 

The trade balance remains negative over the observed period, except in 2020 where data is not specified, indicating that Côte d'Ivoire imports much more than it exports to New Zealand. This could be the result of an imbalance in production or product competitiveness in the New Zealand market.

 

The increase in total bilateral trade indicates a strengthening of trade relations between the two countries, despite fluctuations in exports and imports.