Chinese demand for food drives export growth in October

Wed, 27 Nov 2019

Chinese demand for animal protein because of swine fever disrupting pork supply there drove another month of double-digit export growth for New Zealand firms selling into the world’s most populous nation. Exports to China rose to $1.5 billion in October, 22.8 percent more than the same month a year earlier and 19.8 percent higher at $16.17 billion on an annual basis, Stats NZ figures show. That outpaced the more modest 4.3 percent monthly increase in total exports to $5.04 billion and a 3.7 percent lift in annual exports to $59.37 billion...

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