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- (-) October 2024
- (-) September 2020
- (-) New Zealand
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New Zealand fluid milk production is forecasted to be 21.3 million metric tons (MMT) in the 2025 market year (MY).
New Zealand has signed a free-trade deal with the United Arab Emirates - the fastest agreement the country has ever reached. After negotiations began in May, the country's trade negotiators concluded the deal in four months.
U.S. food and agricultural products have continued to prove popular in the New Zealand market. In 2023, the value of these products was a record US$ 9.3 million, US$ 3.4 million of which were consumer-oriented products.
While New Zealand is a population of just 5 million, consumers in this market have high spending power and it presents strong prospects for U.S. products, including fresh fruit.
New Zealand beef production and beef exports are expected to recover somewhat in 2021 from lower levels caused by severe drought in early 2020.