New Zealand: Food Processing Ingredients Report 2018
New Zealand’s economy is highly dependent on the agricultural and export sectors. Agricultural and horticultural products account for approximately 61 percent of total exports, a figure that rises to 71 percent when forestry and seafood products are included. An estimated 85-90 percent of New Zealand’s dairy, meat, fruit and vegetable production is exported. Much of the country’s exported agricultural products are derived from valued added products that require inputs not available in New Zealand, thus, providing opportunities for U.S. exporters of food ingredients. In 2017, New Zealand imported nearly $68 million worth of food ingredient products.
