Nimble New Zealand exporters finding opportunity amid shifting trade terms
Global trade wars and uncertain tariff regimes could play into the hands of many New Zealand exporters, according to Gareth Coleman ANZ’s Head of Trade & Supply Chain.
Fruit exporters helped boost wholesale trade sales in the June 2016 quarter, Statistics NZ says.
"Kiwifruit export values were at an all-time high in the months of May and June," business indicators senior manager Neil Kelly says. "It was also a good quarter for apple exporters."
When adjusted for seasonal effects, total wholesale trade sales rose 1.7% ($397 million) after small falls in the previous two quarters.
The largest industry increase was in grocery, liquor and tobacco wholesaling, which was up 2% ($152 million). Fruit exporters come under this category. The trend for this industry has been increasing steadily since mid-2013.
The trend for wholesale trade sales has generally been rising since the September 2009 quarter.
The actual value of wholesale trade sales was $23.6 billion in the June 2016 quarter, up $914 million (4%) from the June 2015 quarter.
Like many manufacturers around the world, European agricultural machinery and tractor manufacturers are currently operating in a difficult market environment. But they are heading to the world’s largest agricultural machinery event in Hanover next month with a degree of cautious optimism.
Established in 2021, the John Deere Technician of the Year Awards champion the important contribution parts and service technicians make to the Australian and New Zealand agriculture, construction and forestry industries.
Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.
New Zealand is closer to eradicating bovine TB than ever before, but possums remain a threat, says Beef + Lamb New Zealand.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
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