Wellington
9th May 2012
About me
 Mike Hearn
 From the UK, married to an American, spent 2 years living in NY
 Lived in New Zealand 32 years
 14 Years as Executive Director of AmCham
 Ex international banker specialising in assisting importers and
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exporters
Board member of the NZ US Council here in NZ
Board member of the US NZ Council in Washington DC
Secretariat for OSAC
Chairman of New Zealand Robotics Trust
Executive Committee member of Canada New Zealand Business
Association (23 years)
Executive Working Group member of World Mentor
AMCHAM
About us
 Established 1965 as a Bilateral organization with key
objectives
 To promote bilateral trade, investment, tourism and
education links with the USA.
 To represent and express the opinion of the business
communities in New Zealand and the USA on questions of
trade, commerce, finance, industry, taxation and education
 Funded by membership subscriptions & revenues from
events. No funding from either government.
 About 300 corporate members split 40/60 between US and
NZ – US companies mainly Fortune 500 names. Approx. 350
US companies operating in NZ.
 Regarded as the “Voice of US business in NZ”. Annual
survey of US companies operating in NZ.
AMCHAM
About us
 We are a member of the US Chamber of Commerce which
represents over 3,000,000, businesses, 2,800 state and local
chambers, 830 business associations & 115 American
Chambers of Commerce in 102 countries.
 We are part of the Asia Pacific Council of American
Chambers of Commerce (27 AmChams in 21 Economies).
 We take part in the APCAC annual Washington Doorknocks
to lobby Congress and the Administration on issues facing
business and US citizens in the region
 Recently attended the US Secretary of States Global
Summit of U.S. business support organizations in
Washington, DC
AMCHAM
About us
 AmCham is a business information brokerage, lobbying
and networking organization.
 We lobby both Governments on key business issues and
are actively involved in promoting a US-NZ Free Trade
Agreement/TPP
 We work closely with
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US Foreign Commercial Service helping US investors
&exporters sell into NZ & NZ companies importing US goods
and services
New Zealand Trade & Enterprise helping NZ investors &
exporters do business in the USA
NZ Embassy & Hon Consuls throughout the US
US Embassy in Wellington
 We have a database of just under 9,000 importers,
exporters & key service providers in both countries.
NZ’s top 10 trading partners
EXPORTS
Australia
IMPORTS
% Change over last year
10,798
22.6
6.5
China,PRO
5,965
12.5
14.5
USA
4,048
8.5
Japan
3,343
Korea,RO
United
Kingdom
TOTAL TRADE
% Change over last year
China,PRO
7,506
15.9
8.8
Australia
18,166
19.1
Australia
7,368
15.6
-3.6
China,PRO
13,471
14.2
5.3
USA
5,058
10.7
8.6
USA
9,106
9.6
7.0
-1.5
Japan
2,939
6.2
-7.1
Japan
6,282
6.6
1,654
3.5
14.1
Singapore
2,176
4.6
24.0
Korea
3,178
3.3
1,553
3.2
4.6
Germany
2,032
4.3
15.0
Singapore
3,009
3.2
India
955
2.0
3.9
Korea
1,524
3.2
14.2
United Kingdom
2,859
3.0
Malaysia
901
1.9
16.2
Malaysia
1,392
2.9
-18.0
Germany
2,820
3.0
Taiwan
869
1.8
1.5
United
Kingdom
1,306
100.2
38.2
Malaysia
2,293
2.4
Indonesia
849
1.8
-5.4
Thailand
1,304
2.8
-6.5
Thailand
2,004
2.1
47,870
100
8.3
47,249
100
8.7
Total
95,119
100
Total Countries
Investment, Tourism & Migration
 U.S. foreign direct investment in New Zealand US $5.8
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billion in 2009, up 21.1% from 2008.
New Zealand FDI in the United States US $1.6 billion in
2009, up 55% from 2008
US Portfolio Investment in NZ $20.217 billion
NZ Portfolio Investment in US 16.096 billion
Trade in services US$3.1 billion in 2009 (exports were $1.5
billion; Services imports were US$1.6 billion).
Tourism & Migration
 Arrivals from the USA 184,056 (3rd) average stay 18.7 days
with average expenditure NZ$2,624
 Migration 3,638 (4.3% of total migration)
Annual AmCham –DHL Express
Success & Innovation Awards
In 2000 we introduced an Annual Awards ceremony to celebrate success and innovation
in trading and business relationships with the USA. Over the last twelve years our
sponsors have provided over $300,000 of prizes to our award winners.
Companies apply for these awards. The key award categories are:
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Importer of the Year from the USA
Exporter of the Year to the USA – under NZ$500 000
Exporter of the Year to the USA – NZ$ 500 0001 to NZ$ 5million
Exporter of the Year to the USA – over NZ$ 5milion
Other recognition awards, which come from nominations, are:
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Investor of the Year to or from the USA
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AmCham Supporter of the Year
Applications close 22 June with awards dinner 9 August in Auckland
Working with Sister Cities
 Send regular monthly newsletters to US & NZ Sister Cities
 Work with Sister Cities economic development agencies on
referrals for companies and individuals looking to invest
and/or relocate.
 Make companies & individuals aware of Sister City
relationships as a tool to use when relocating or investing.
 Conduit for advising business community of developments
in Sister City relationships.
Contact us
Mike Hearn
Executive Director
American Chamber of Commerce in New Zealand Inc.
P O Box 106002, Auckland Central, Auckland, 1143
Tel: 64 9 309 1094 (dd) Fax: 64 9 309 1090
Mob: 64 9 21 707 506
Email: mike@amcham.co.nz
Website: www.amcham.co.nz