Displaying items by tag: exports
Grey clouds still hang over the global economy, says Rabobank in its July Agribusiness review for New Zealand and Australia.
Primary sector export revenue is expected to decline in 2012/13, a Ministry for Primary Industries report shows.
Compared with April 2011, exports of goods fell $799 million (17 percent) in April 2012, to $3.9 billion, Statistics New Zealand said today.
The 3.1% increase in fruit and vegetable exports in 2011 is a great result given the negative impacts of a 6.5% rise in the value of the New Zealand dollar and difficult market conditions in the same period.
New Zealand's horticulture industry now accounts for $1 in every $13 of exports, with an annual value of close to $3.5 billion.
Recent releases by Statistics New Zealand point to a bumper export performance led by our farm system, largely due to a wetter summer which allowed many regions to increase productivity. However, some dark clouds are gathering.