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U.S. food and agricultural products have continued to prove popular in the New Zealand market, and in 2020 the value of these products was US$ 575 million, US$ 407 million of which were consumer-oriented products.
Marketing year (MY) 2021/22 production and exports are forecast to hold steady from MY 2020/21 as farmers take old trees out of production via stumping.
The New Zealand Government is proposing to introduce a sustainably-produced biofuels mandate for transport fuels in New Zealand.
Despite its small size, New Zealand is already an important market for alcoholic beverages and ingredients from the United States.