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Home » Australasia » What different resources do Australia and New Zealand have?

What different resources do Australia and New Zealand have?

December 14, 2021 by Trevor Zboncak

Australia is the world’s largest producer of opal and the world’s largest exporter of coal. The country is also one of the top producers of iron ore, nickel, gold, uranium, diamonds, and zinc. New Zealand is an important producer of coal, silver, iron ore, limestone, and gold.

Contents

What are the main resources of Australia?

Resource commodities make up six of Australia’s top ten goods: iron ore, coal, natural gas, gold, aluminium and petroleum. Since 2005, the resources sector has invested around $720 billion in Australia, accounting for more than 40 per cent of total investment over this period.

What makes Australia and NZ unique ecologically?

Australia and New Zealand have flora and fauna that are found nowhere else on Earth. Australia is distinctive because it is an island, a country, and a continent—the smallest of the world’s continents. No other land mass can concomitantly make those three claims.Australia is surrounded by various seas.

Is Australia rich in natural resources?

Australia is one of the top mineral producers in the world and has a large resource inventory of most of the world’s key minerals commodities.Australia’s lithium and rare earth resources are ranked third, manganese ore and vanadium are ranked fourth and black coal is ranked fifth in the world.

What resources do Australia export?

Australia’s main export is iron ore, followed by their other most valuables exports coal, gold, and petroleum. These exports alone rake in $48.2 billion, $47 billion, $29.1 billion, and $20.3 billion, respectively. Of course, the country also ships other noteworthy items including food, wine, and cars.

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What resources does New Zealand have?

New Zealand has a number of mineral resources, including gold, silver, ironsands, phosphate and limestone. Rock, sand and aggregate resources are also mined for construction uses. Gold rushes occurred in the Otago, the West Coast and Coromandel regions in the 1860s.

What are the 4 types of natural resources?

Oil, coal, natural gas, metals, stone and sand are natural resources. Other natural resources are air, sunlight, soil and water. Animals, birds, fish and plants are natural resources as well.

How are the cultures of Australia and New Zealand different?

The principal language of both countries is English, but don’t assume that similar accents mean they speak the same dialect. Australians are generally more creative in their use of language than New Zealanders, including rhyming slang, lots of sarcasm – and of course plenty of swearing.

Why is NZ so unique?

New Zealand is one of the most gorgeous countries on earth, and even with its modest size, it packs a lot of history, culture, and attractions for us to experience. New Zealand is known for its stunning national parks, dynamic Māori culture, incredible hiking trails, and world-class skiing and surfing.

How does New Zealand make money?

Trade. Agricultural products—principally meat, dairy products, and fruits and vegetables—are New Zealand’s major exports; crude oil and wood and paper products are also significant.New Zealand’s chief trading partners are China, Australia, the United States, Japan, Germany, and South Korea.

What is Australia’s most valuable resource?

Australia is the world’s largest producer of opal and the world’s largest exporter of coal. The country is also one of the top producers of iron ore, nickel, gold, uranium, diamonds, and zinc. New Zealand is an important producer of coal, silver, iron ore, limestone, and gold.

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Which country has most resources?

LIST OF TOP TEN WORLD’S RESOURCE RICH NATIONS STATISTICS:

Sr. No. Country Name Main Natural Resources
1 Russia Coal, oil, gold, gas and timber
2 United States Natural gas, gold, copper and oil
3 Saudi Arabia Gas, timber and oil
4 Canada Uranium, timber, oil, phosphate and gas

What are Australian known for?

What’s Australia Famous For? (20 Best-Known Things)

  • Sydney Opera House.
  • Bondi Beach.
  • The Great Barrier Reef.
  • Sydney Harbour Bridge.
  • Uluru-Kata Tjuta National Park.
  • Blue Mountains National Park.
  • The Great Ocean Road & Other Epic Road Trips.
  • The Aboriginal Culture.

What does New Zealand export?

The foundation of New Zealand’s economy is exporting agricultural commodities such as dairy products, meat, forest products, fruit and vegetables, and wine. Dairy is the lead export commodity. In 2020, New Zealand exports to the U.S. totaled US$4.2 billion, approximately 10% of New Zealand’s total exports.

What are Australia’s top 5 imports?

Australia’s Top Ten Imports

  • #1 Machinery (AUD$46.2 billion)
  • #2 Mineral fuels (AUD$43.9 billion)
  • #3 Vehicles (AUD$43.6 billion)
  • #4 Electrical machinery and equipment (AUD$37.1 billion)
  • #5 Medical/technical equipment (AUD$12 billion)
  • #6 Pharmaceuticals (AUD$11.8 billion)
  • #7 Gems and precious metals (AUD$9.5 billion)

What makes Australia the most money?

The Australian economy is dominated by its service sector, which in 2017 comprised 62.7% of the GDP and employed 78.8% of the labour force. Australia has the tenth-highest total estimated value of natural resources, valued at US$19.9 trillion in 2019.

Is New Zealand a rich or poor country?

The economy of New Zealand is a highly developed free-market economy. It is the 52nd-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP).

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Are diamonds found in New Zealand?

New Zealand does not have any precious gems such as diamonds or emeralds. The main gemstones in New Zealand include: Quartz – in this group are purple amethysts and agates of many colours. Garnets – these are pink, red or yellow.

Does New Zealand have diamonds?

New Zealand lacks precious gems such as diamonds, emeralds and sapphires, but it does have gemstones that are prized by collectors and used for making jewellery.Stones of gem quality are free of flaws, have good colour and are large enough to be worked into jewellery.

What are the 7 types of resources?

Every technological system makes use of seven types of resources: people, information, materials, tools and machines, energy, capital and time. Since there is limited amount of certain resources on the earth, we must use these resources wisely.

What are the 5 types of resources?

Different Types of Resources

  • Natural resources.
  • Human resources.
  • Environmental resources.
  • Mineral resources.
  • Water resources.
  • Vegetation resources.

Filed Under: Australasia

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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