Catherine Beard: Export NZ Advocacy Director on New Zealand exports reaching an all-time high in May
The Mike Hosking Breakfast - A podcast by Newstalk ZB - Thursdays
Total exports reached an all-time high in May despite a continued downward trend in the Chinese market. Last month's exports were valued at $7.2 billion for the first time. China was the number one market, but beef exports dropped 45% compared to last year. Export NZ advocacy director Catherine Beard told Mike Hosking that she believes Chinese demand will come back because they are so large. She says the growth won't be as big as it's been for the last five-to-ten years, as their economy is re-balancing. LISTEN ABOVE See omnystudio.com/listener for privacy information.