Exports Up More Than $2b - Powering Economy

The New Zealand National Party

New Zealand's latest international trade statistics show robust performance across global markets, reflecting the skill, innovation, and resilience of Kiwi exporters who continue to rank among the best in the world, Trade and Investment Minister Hon Todd McClay says.

Exports rose to $29.2 billion for the December quarter, up $2.2 billion on the same period last year, reinforcing the vital role trade plays in supporting the New Zealand economy, with one in four Kiwi jobs linked to trade.

The figures, released today, also show two-way trade increased strongly reaching $61.2 billion for this quarter.

"New Zealand exporters are winning in highly competitive global markets," Mr McClay says.

"Our farmers and growers are recognised internationally for their quality, reliability, and innovation. And these results are a testament to that."

Of our top exports, the highest performers were dairy (up 10%), tourism (up 9.4%) and meat (up 21.4%) for the December quarter, compared to the same period last year.

Mr McClay says the latest data demonstrates the importance of open markets and strong trading relationships, particularly at a time of trade disruption and ongoing global economic uncertainty.

"Trade is a cornerstone of our economy. It supports jobs, drives higher incomes, and underpins growth in regions right across the country," Mr McClay says.

"The Government is focused on backing exporters, reducing barriers at the border, strengthening our network of free trade agreements, and ensuring New Zealand businesses have the confidence and capability to succeed internationally."

"As global conditions evolve, this Government remains committed to trade as a key driver of economic growth and prosperity for New Zealanders."

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.