The US took a significant percentage of New Zealand’s exports in the 1960s and early 1970s, but its proportionate share fell markedly in the later 1980s, partly on account of the rise in exports to Australia and Japan. The recovery from the mid-1990s reflected many years of more buoyant trading conditions in the US compared with Japan and the European Union. The significance of the US as a source of imports rose steadily as imports from Britain fell in relative importance, but fell themselves from the mid-1990s as Australia became the most important source of imports.
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Source: Statistics New Zealand