2024 red meat exports end on a high
New Zealand's red meat exports for 2024 finished on a positive note, with total export value increasing 17% over last December to reach $1.04 billion, according to the Meat Industry Association (MIA).
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.
Fonterra says the US continues to be an important market for New Zealand dairy and the co-op.
Trade and Agriculture Minister Todd McClay says New Zealand's trade interests are best served in a world where trade flows freely.
New Zealand's red meat sector says it is disappointed by the United States' decision to impose tariffs on New Zealand exports.
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