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WELLINGTON, Dec. 16 (Xinhua) -- New Zealand's primary industry is showing signs of recovery, despite the enormous challenges of the new crown outbreak, New Zealand's primary industry is showing signs of recovery, despite the huge challenges of the new crown outbreak, New Zealand's Minister of Trade and Export Growth and Agriculture Damien O'Connor and Minister of Forestry Stuart Nash said Friday.
forecast that New Zealand dairy export revenues are expected to fall 4.6 per cent to NZ$19.2 billion (US$1.40) in the year to June 2021.
O'Connor said strong global demand for dairy products, particularly in China, would offset the negative impact of weak dairy prices.
expects New Zealand's dairy export revenue to reach NZ$NZ20.1 billion for the year to June 2022.
the same time, forestry exports showed a recovery trend.
china and other countries are pushing for a gradual recovery in New Zealand's forestry exports, Mr. Nash said.
The New Zealand Government's State and Prospects for Primary Industries report released on the 15th predicts that export revenues from primary industries will exceed NZ$47.5 billion in the year to June 2021 and a record NZ$49.2 billion by June 2022.
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