Butter Market - New Zealand’s Butter Exports Increased by 18% in 2014
New Zealand continued its dominance in the global butter trade. In 2014, New Zealand exported X thousand tonnes of butter totaling X million USD, X% over the previous year. Its primary trading partner on the global butter market was China, where it supplied X% of its total butter exports in value terms, accounting for X% of China's total imports.
From 2007 to 2014, New Zealand was a net exporter of butter. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was more pronounced.
The Netherlands and Ireland were among the other main global suppliers of butter in 2014. However, the fastest growing exporters from 2007 to 2014 were the U.S. (+X% per year) and Belarus (+X% per year). New Zealand significantly strengthened its position in the global export structure.
In 2014, New Zealand's top X trading partners were China, Iran, Egypt, Azerbaijan and Australia, with a combined X% share of New Zealand's butter exports. The share of China increased significantly (+X percentage points), while the share of Iran illustrated negative dynamics (-X percentage points).
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Source: IndexBox AI Platform
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