New Zealand business conditions are amongst the best in the world. Free-market reforms over the last decades have been so successful in removing barriers to foreign investment, that New Zealand is now ranked by the World Bank as one of the most business-friendly countries in the world. The small, but prosperous market economy has only minor manufacturing and high-tech sectors, being strongly focused on tourism and primary industries such as food and dairy products, wool, wood and paper products. Greatly dependent on international commerce, key trade partners include Australia, the European Union, the United States, China, and Japan.