The New Zealand dollar (NZD) is known as a commodity currency among traders as the New Zealand economy highly depends on the raw materials market. Most exported goods are animal products, fishing products, woodworking products, and gardening products. Only dairy products form approximately 18% of total exports. Wool industry comes to 14% of the exported goods. A small island state remains a reliable supplier and partner on the world stage due to the export of cheap and essential products. The main New Zealand trading partners are Australia, the United States and Japan. Read more: http://www.mt5.com/commodity_currencies/quotes/new_zealand_dollar/
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