NZ frozen beef exports to Japan slump after tariff hike

Tue, 17 Oct 2017

By Tina Morrison Oct. 17 (BusinessDesk) - New Zealand exports of frozen beef to Japan have plummeted since the country lifted tariff rates, according to AgriHQ. From Aug. 1, Japan increased its tariff on frozen beef to 50 percent from 38.5 percent under a World Trade Organisation safeguard following high sales of imported beef. Following the tariff hike, just 729 tonne of frozen beef was exported from New Zealand to Japan in August and September, down from 1,709 tonne last year and the five-year average of 1,840 tonne, according to Agr...

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