New Zealand’s red meat sector exports reached $10 billion in 2021 despite the disruption caused by Covid-19, according to an analysis by the Meat Industry Association (MIA).
Overall, both sheepmeat and beef exports increased by 5 per cent and 9 per cent year-on-year respectively, with both worth more than $4 billion for the year.
China remained the largest overall importer for the quarter (41 per cent), followed by the US (20 per cent), the UK (4 per cent) and Japan (4 per cent). There were increases in a number of markets including the US (+15 per cent), the Netherlands (+59 per cent) and France (+34 per cent).