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Primary sector exports are on track to grow by $1.7 billion on last year helping underpin NZ’s Covid-19 recovery, says Agriculture Minister Damien O’Connor.
The primary sector’s strength, resilience and ability to respond to the effects of drought and the global impact of COVID-19 is highlighted by a new report out today.
Sustained high growth in primary industry exports looks set to continue over the next two years with strong prices predicted for farmers, fishers, growers and rural communities.
A pest seaweed is to be turned into a premium edible export in a Government funded venture announced by Agriculture Minister Damien O’Connor and Fisheries Minister Stuart Nash today.
New Zealand’s primary sector exports continue to exceed expectations with revenue forecast to grow 6.9% on the previous financial year.