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NZ exporters see potential in Asia & South America

New Zealand exporters say there are growing opportunities for business in South-East Asian and South American countries. Statistics New Zealand figures show that for the year ended June 2016, New Zealand exported $538 million of goods to South America and $4.9 billion to South-East Asia.

That is small-scale compared to $15.6b in exports going to North-East Asia, but trade with Asean member states is increasing. The amount of export from New Zealand increased from $5.2b in 2012 to $6.1b in 2016.

Associate professor Manuka Henare, of the University of Auckland business school, who has traveled to Peru a number of times over the past three years, most recently to discuss ecotourism, said many businesses did not consider the opportunities there.

But recently added flights direct from New Zealand had made the South American market easily accessible.

ExportNZ is running two trade missions later this year. The first is to Thailand and Vietnam from August 5, and the second to Argentina and Chile from September 27.

"Trade missions are a crucial part of the work we do to help exporters succeed. They're invaluable for providing exporters valuable market insights in a quick and effective way, and to connect with potential partners who you would not be able to reach in a private capacity.

source: stuff.co.nz
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