How many eggs, in how many baskets” – new report on NZ/China trade

by | Aug 10, 2020 | Reports & Publications | 0 comments

NZIBF has been proud to co-sponsor this new report prepared by John Baillingall of Sense Partners for the NZ China Council.  The report seeks to contribute facts and figures to the recurrent debate around whether New Zealand is too economically dependent on China, and if so, what might be done about it.

China has accounted for over 60% of New Zealand’s goods export growth over the past decade, reflecting China’s strong income growth, changing consumer preferences for primary products, reduced trade barriers arising from the bilateral Free Trade Agreement, and trust and institutional linkages built up over time.

The report draws on a range of data to examine the degree of trade concentration on China.  New Zealand’s position is not out of step with other APEC economies.  While the Government can assist with opening up new markets, this is neither quick nor easy.  The report concludes that exporters themselves are best placed to evaluate the risks and opportunities in China and other markets.

ENDS

0 Comments

Submit a Comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

REGISTER WITH TRADE WORKS

Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.

 

Remove

 

Latest News

Remarks to Foreign Affairs, Defence and Trade Committee

NZ INTERNATIONAL BUSINESS FORUM REMARKS TO THE FOREIGN AFFAIRS, DEFENCE AND TRADE COMMITTEE INTERNATIONAL TREATY EXAMINATION OF THE NZ/UK FREE TRADE  AGREEMENT 17 MARCH 2022 STEPHEN JACOBI EXECUTIVE DIRECTOR   Madam Chair, Members of the Committee Thank you for the...

NZ/EU FTA – BLESSED BE THE CHEESEMAKERS

Will the NZ/EU FTA ever be finished, asks Stephen Jacobi.  In the Monty Python film, “Life of Brian”, Jesus’ Sermon on the Mount is poorly heard by some of the crowd, but the message is passed on: “Blessed be the cheese makers”. Two thousand years later cheesemakers...

ABAC I Media Release

APEC NEWS RELEASE Issued byThe APEC Business Advisory Council (ABAC) Embracing challenges, engaging collectively and enabling opportunities are key to Asia-Pacific success, say business leaders Singapore, 18 February 2022 – Asia-Pacific business leaders in the APEC...

NZIBF 2021 Chair Report

The NZIBF Board meets with Indian High Commissioner H E Muktesh Paredeshi at its last meeting for 2021.ANNUAL GENERAL MEETING 15 DECEMBER 2021 CHAIR’S REPORT I am pleased to present my first report on the activities and achievements of the NZ International Business...

Let’s try that again: Happy new year!

In another year of disruption and loss there have been some surprising wins for trade. The kindest thing that could be said about 2021 is that things didn’t quite work out as planned.  We did not defeat the pandemic and lives and livelihoods continued to be lost....

A little breathing room at the WTO

A little breathing room at the WTO The emergence of Omicron has meant that the WTO Ministerial Conference has been put on hold – leaving in limbo key decisions about pandemic trade responses and fish subsidies (not to mention agriculture).   But there is some good...