Exports up 11% in 2017

Stats NZ reports:

Annual exports were valued at $53.7 billion for the year ended December 2017, up $5.2 billion (11 percent) from 2016. Dairy products led the rise, up $2.8 billion to $14.0 billion. Meat rose $706 million to $6.6 billion. Logs, wood, and wood articles rose $546 million to $4.7 billion.

11% growth in exports is huge. Again it will be very interesting to see how exports go in the next few years.

Worth noting that since we signed an FTA with China, exports to them have gone from $2 billion to $12 billion. This FTA was campaigned against by the then Foreign Minister Winston Peters and the Greens. They said it was bad for New Zealand and ran advertisements against it.

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