Red meat export dip reflects weaker Chinese demand
The Meat Industry Association says it was the lowest value for the quarter since 2018.
The Meat Industry Association says it was the lowest value for the quarter since 2018.
Horticulture shipments likely to take immediate advantage of NZ's FTA with the EU.
It's the first time in two decades that Zespri has encountered the issue.
Exports in February were up 10pc on the relatively low export value of February 2023.
NZ log inventories have piled up due to very weak demand from China in recent months.
Zespri's RubyRed kiwifruit variety is in its third year of commercial production.
The Kowhai, and the Solent Star, are expected to reach Shanghai at the end of March.
NZ exported $759m worth of products in January 2024 - down 8pc on January 2023.
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The 18,000 sq m facility showcases the latest in cold store capability and design.
DCANZ says financial losses as a result of Canada breaching the CPTPP continue to grow.
“Consumers around the world still want to buy red meat but they are not paying as much."
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