Agriculture in New Zealand
Overview of agriculture in New Zealand / From Wikipedia, the free encyclopedia
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In New Zealand, agriculture is the largest sector of the tradable economy. The country exported NZ$46.4 billion worth of agricultural products (raw and manufactured) in the 12 months to June 2019, 79.6% of the country's total exported goods.[1] The agriculture, forestry and fisheries sector directly contributed $12.653 billion (or 5.1%) of the national GDP in the 12 months to September 2020,[2] and employed 143,000 people, 5.9% of New Zealand's workforce, as of the 2018 census.[3]
New Zealand is unique in being the only developed country to be totally exposed to the international markets since subsidies, tax concessions and price supports for the agricultural sector were removed in the 1980s.[4] However, as of 2017, the New Zealand Government still provides state investment in infrastructure which supports agriculture.[5]
Pastoral farming is the major land use, but a significant amount of land is also devoted to horticulture.
New Zealand is a member of the Cairns Group, which is seeking to have free trade in agricultural goods.[6]