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Exports reach over $7b in May, an all-time high

Author
Newstalk ZB,
Publish Date
Tue, 25 Jun 2024, 9:27am
(Photo / File)
(Photo / File)

Exports reach over $7b in May, an all-time high

Author
Newstalk ZB,
Publish Date
Tue, 25 Jun 2024, 9:27am

Total exports reached an all-time high in May despite a continued downward trend in the Chinese market. 

Last month's exports were valued at $7.2 billion for the first time. 

China was the number one market, but beef exports dropped 45% compared to last year. 

Export NZ advocacy director Catherine Beard told Mike Hosking that she believes Chinese demand will come back because they are so large. 

She says the growth won't be as big as it's been for the last five-to-ten years, as their economy is re-balancing. 

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