The economy of New Zealand is a highly developed free-market economy.[20] It is the 51st-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 67th-largest in the world when measured by purchasing power parity (PPP). New Zealand has a large GDP for its size and population. The major industries constitute food processing, textiles, machinery and transportation equipment, finance, tourism, mining, aluminium, etc.

The import of Aluminium plates, sheets and strips of the island nation in the South-western Pacific Ocean demonstrate a uniform growth as the total import volume during 2017-19 has been recorded at 59,301 tonnes and the revenue expended stood at $183.28 million. The import projected for 2020 has also been analysed with positive growth as the import is expected to reach at 30,445 tonnes and the expenditure to climb at $93.27 million. However, when the projected import volume and expenditure of 2020 is added with the previous three years, it reflects 89,746 tonnes and $276.55 million.

The aluminium plates, sheets and strips of New Zealand in 2017 stood at 13,559 and the revenue expenditure was recorded $40.83 million, whereas in 2018 the import saw growth by 51.61% as the total import stood at 20,557 tonnes and the expenditure surged to $65.59 million.

In 2019 the nation’s aluminium plates, sheets and strips saw a growth of 22.51%, as the total import volume was recorded at 25,185 tonnes and the expenditure also rose to $76.86 million. The import estimated for 2020 has also been revealed positive with growth by 20.88%, while expenditure ticked up to $93.27 million.

The major export nation for New Zealand’s import of Aluminium plates, sheets and strips are Australia, Austria, Belgium, China, Greece, Hong Kong, India, Indonesia, Italy, Netherlands, Singapore, South Africa, Taiwan, Thailand, South Korea, UK, USA, etc.