 Exports from Israel to New Zealand, mostly manufactured goods like steam turbines (11.3%), industrial water heaters (5.2%), plastic sheets and films (4.7%), telecommunications equipment (4.7%), and inkjet printers (3.8%), reached NZ$88.15 million.Since 2001, Fonterra, New Zealand's largest dairy company, is involved in a joint venture with the Israeli cooperative Tnuva.Agricultural exports to Israel increased in 2005 and visitor visa waivers are in place to increase business travel and tourism.