US Usurps Australia as New Zealand’s Number 2 Export Market

The US overtook Australia as New Zealand’s second-biggest export market last month amid increased demand for wine and meat.

Exports to the US rose to a record NZ$8.8 billion ($5.4 billion) in the 12 months through May, Statistics New Zealand said Monday in Wellington. That’s up 8.9% from the year-earlier period. By comparison, annual sales to Australia fell 2.4% from a year earlier to NZ$8.7 billion and have retreated from as high as NZ$9.1 billion in mid-2023.

Source: Source: Statistics NZ

While China is New Zealand’s largest market, with exports worth NZ$17.9 billion in the year through May — 26% of the total ...