KNZBC

Bilateral Trade

Bilateral Trade

NZ – Korea FTA Guide In December 2015 New Zealand entered into a Free Trade Agreement with South Korea, delivering benefits to Kiwi businesses and promoting two-way investment. In 2017 New Zealand welcomed 89,168 Korean visitors and 7910 international students. Two-way trade topped 4 billion dollars.   Tourism South Korea[…]

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Strong year for New Zealand-South Korea trade

The value of total trade in goods between New Zealand and South Korea rose 33% in 2018 to NZ$4.5 billion, led by a 45.1% increase in imports from South Korea.  Exports from New Zealand to South Korea, New Zealand’s fifth largest goods trading partner, increased 17% in 2018 on the[…]

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ENZ explores new models of education fairs in Korea

ENZ Korea is exploring new ways to promote New Zealand international education in-market and enjoyed its first success recently. On 19 February, ENZ Korea staff participated in the 2nd annual FPP EduExpo, in Seoul, where they engaged with a large number of students interested in studying in New Zealand. The[…]

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Trade shows boost Kiwi exports to East Asia

New Zealand’s top food and beverage makers are preparing to show their products to key customers in East Asia in 2016, in a bid to increase sales in one of the world’s fastest growing regions. New Zealand Trade and Enterprise (NZTE) runs the Food Connection trade shows, which are seen[…]

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A2 Milk co-signs exclusive deal in South Korea

A2 Milk Co has signed an exclusive distribution deal with Yuhan Corp in South Korea, more than a decade after an earlier foray into that country which ended in litigation. The Auckland-based, Sydney-headquartered company today signed an exclusive sales and distribution agreement with Yuhan to promote and distribute a2 branded[…]

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Free Trade Agreement Between Korea And New Zealand

New Zealand has a Free Trade Agreement (FTA) with the Republic of Korea (Korea) that allows originating goods traded between the two countries to enter at preferential duty rates. This fact sheet is a general guide on the rules of origin for goods traded between the two countries under the[…]

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New Zealand and Korea: New opportunities

When the KNZFTA came into force it included three education and training-related programmes of interest to New Zealand’s international education industry. When the Korea New Zealand Free Trade Agreement (KNZFTA) came into force on 20 December it included three education and training-related programmes of interest to New Zealand’s international education[…]

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Korea Market Report: Seafood

Korea has the highest per-capita seafood consumption in the world. With the popularity of seafood restaurants continuing to grow, there is substantial demand for seafood that cannot be met in the domestic market. Korea represents an exciting market for New Zealand seafood producers. The Korea-NZ FTA will see benefits for[…]

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Korea Market Report: Red Meat

New Zealand’s red meat sector can look ahead to increasing opportunity in the Korean market now that the Korea-NZ FTA has entered into force. New Zealand’s price competitiveness with other countries’ beef and lamb products will erode no further, as tariffs reduce to zero over time. Meanwhile, New Zealand product[…]

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Market Guide: Korea

South Korea is the world’s 13th-largest economy, boasting some of the biggest technology and manufacturing brands in the world. It’s now focused on ‘economic democratisation’ and ‘green growth’, which presents opportunities to New Zealand exporters.

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