Primary sector pulse picks up: Trade treks higher
This week’s episode is all about Kiwi trade. Specifically, looking at the positive movement we saw in our terms of trade at the end of last year. Higher meat and dairy export prices, strong production, and a favourable NZ dollar should provide a meaningful boost to export earnings and incomes for our farmers and rural regions. Looking to our export services, tourism levels have also edged their way closer to pre-covid levels. We also discuss how the lower Kiwi dollar is adding additional support for our Kiwi exports. And of course, we couldn’t go without touching on the potential headwinds created by looming Trump trade policies. Still, beyond all the noise, one crucial lesson stands out: the need to diversify our trade.Hosted by Jarrod Kerr, Mary Jo Vergara and Sabrina Delgado. Follow our economic commentary & insights here: https://www.kiwibank.co.nz/business-banking/thrive-hq/kiwi-economics/commentary-insights/Any views or information shared in this podcast, while given in good faith, aren't necessarily the view of Kiwibank.