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Despite its small size, New Zealand is already an important market for alcoholic beverages and ingredients from the United States.
Although early indications were for a near-record New Zealand apple crop in 2020/2021, a number of factors have tempered expectations.
Despite a declining national dairy herd, New Zealand milk production continues to rise and is forecast to reach a record in 2021.
For a small country, New Zealand is a major exporter of food and beverage products, and many of these products are manufactured in-country and require inputs imported from other countries.
For a small country, New Zealand is a major exporter of food and beverage products, and many of these products are manufactured in-country and require inputs imported from other countries.
New Zealand beef production for 2021 is forecast at 681,000 metric tons (MT), six percent less than the 2020 total, which reached a record volume of 727,000 MT.
Total grain and feed (including oilseed meal) consumption in New Zealand is currently estimated at 5.8 million metric tons (MMT) for marketing year (MY) 2020, up nearly one percent over MY2019.
New Zealand is both a huge producer and exporter of meat products, exporting 70 percent of production.
The import tariffs and quotas for some Australian and New Zealand dairy products (including whole milk powder, whey, cheese, and anhydrous milk) were removed on January 1, 2021.
On January 26, 2021, New Zealand and China signed an Upgrade to the 2008 Free Trade Agreement (FTA).
New Zealand continues to be an important market for U.S. agricultural products. In 2019, New Zealand imported a record US$ 587 million of food and agricultural products (including edible fishery)...
There have been no recent significant official changes to the genetically engineered (GE) policies established by the New Zealand government.