Australia steadily increased its significance as a market for New Zealand’s exports from the late 1960s; the conclusion of the closer economic relations (CER) agreement in 1983 did not create the trend – indeed after the mid-1990s the trend levelled off as exports into China and other East Asian economies thrived. That still left Australia as New Zealand’s single most significant market, and also the source of between a fifth and a quarter of its imports, as had long been the case.
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Source: Statistics New Zealand