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- (-) November 2021
- (-) Australia
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New Zealand is an important market in the Pacific for U.S. agricultural products. In 2020, despite logistical and other challenges as a result of COVID-19, New Zealand’s imports continued strong and included US$ 575 million of U.S. agricultural products.
The Australian federal government is supportive of biotechnology and has committed considerable long-term funding to research and development.
There have been no recent significant official changes to the genetically engineered (GE) policies established by the New Zealand government.
Milk production in 2022 in Australia is forecast to increase moderately to 9.1 million metric tons (MMT) after a falling in 2021 to an estimated 9.0 MMT, a one percent decline from 2020.
Australia is a prosperous and industrialized nation with a stable economy. Underpinning Australia's strong economy is its open and transparent trade and investment environment, and trade and economic links with emerging economies, particularly in Asia.
The same problems that beset apple production in 2020/2021, especially harvest labor shortages, could persist into 2021/2022.