China has become the largest global market for New Zealand miniature apple brand Rockit, accounting for more than half of the brand’s total revenue, according to Global CEO Grant McBeath in an exclusive interview with China Daily. New Zealand dominates approximately 81 percent of China’s apple import market, which reached RMB 1.84 billion in…
PF Olsen’s May 2026 log market update shows New Zealand port export log AWG prices remained flat compared to April. China’s softwood log inventory remained stable at 2.4 to 2.7 million cubic metres. China’s furniture retail sales fell 10.4% year-on-year in April, while building and decoration materi
Chinese Commerce Minister Wang Wentao met with New Zealand Trade Minister Todd McClay on the sidelines of the APEC Trade Ministers Meeting in Suzhou on May 21, 2026. Both sides agreed to accelerate negotiations on the China-New Zealand FTA service trade negative list, aiming to achieve substantive results within the year. Wang emphasised that…
New Zealand Customs implemented a new Border Service Fee (BSF) and GST pre-payment service fee on imported parcels valued at or below NZD 1,000 from May 22, 2026. The fees apply to all low-value goods entering the country. The BSF aims to recover the cost of customs processing for goods that were pr
On May 21, 2026, Chinese Commerce Minister Wang Wentao met with New Zealand Trade Minister Todd McClay in Suzhou during the APEC Trade Ministers’ Meeting. The two sides discussed deepening bilateral economic and trade cooperation. Both sides agreed to accelerate negotiations on the negative list for
Fonterra has launched Anchor Essence Cream at Bakery China 2026 in Shanghai, marking the first dairy product in the Chinese market to carry the FernMark Grass-Fed logo. The new cream has been developed specifically for professional bakers, delivering a light, smooth texture for cake fillings and soft bakery products. It builds on the success…
Zespri International announced record financial results for the 2025/26 fiscal year on May 20, 2026. Global revenue reached NZD 6.13 billion, up 19.25% year-on-year. After-tax profit surged 80.5% to NZD 280.1 million. The RubyRed kiwifruit variety saw sales volume double. China remains Zespri’s larg
A record shipment of 7,365 tonnes of New Zealand kiwifruit arrived at Taizhou Damaiyu port on May 16, 2026, aboard the Singapore-flagged vessel Jizhi after a 12.5-day voyage from New Zealand. The shipment, consisting entirely of SunGold variety, set a new record for single-batch fruit imports at Taizhou and across Zhejiang Province. Taizhou Damaiyu…
