Food and fibre export revenue hits new record

Export revenue is projected to reach a new high of $62 billion by 2027. (Image: Getty)

Thu, 15 Jun 2023

New Zealand’s food and fibre export revenue is expected to record $56.2 billion in the year to June 30, up 6% on the previous year.Not only that but “looking out to 2027, we’re also expecting to see the sector’s steady growth continue, with export revenue projected to reach a new high of $62b”, said agriculture minister Damien O’Connor.According to the latest Situation and Outlook for Primary Industries from the Ministry for Primary Industries, dairy export revenue is expected to increase by 14% to reach $25....

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