New Zealand seafood exports to top USD 1.5 billion

Seafood exports from New Zealand are forecast to reach a record NZD 2 billion (USD 1.5 billion, EUR 1.3 billion) annually by 2020, according to the latest Ministry for Primary Industries (MPI) 2017 Situation and Outlook report.

Export revenue for the year to June 2017 is expected to be NZD 1.8 billion (USD 1.3 billion, EUR 1.1 billion), which is broadly in line with last year, before steadily increasing. 

The total annual value of the sector, including the domestic market, …