Search
Search titles only
By:
Search titles only
By:
Forums
New posts
Search forums
What's new
New posts
New media
New listings
New media comments
New resources
New calendar events
Latest activity
Media
New media
New comments
Search media
Calendar
New events
Resources
Latest reviews
Search resources
Classifieds
New listings
Log in
Register
What's new
Search
Search titles only
By:
Search titles only
By:
New posts
Search forums
Reply to thread
Menu
Install the app
Install
Forums
New Zealand Beekeeping Forums
Bees in the Media
Korea an intelligent alternative to China for NZ honey exports
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Welcome to NZ Beekeepers+
Would you like to join the rest of our members? Feel free to sign up today.
Sign up
Message
<blockquote data-quote="Grant" data-source="post: 6048" data-attributes="member: 1"><p>New Zealand honey exports to Korea increased 65 per cent last year, and UMF Honey Association chief executive John Rawcliffe says it is still a significant market, especially for mānuka honey, which is why the industry has fought so hard to prevent Australian honey producers from using the term.</p><p></p><p>New Zealand wine has undoubtedly benefited from our Free Trade Agreement (FTA) with Korea, and like Kiwifruit and a number of other products, it now enters the country duty free.</p><p></p><p>Although the FTA will progressively eliminate tariffs on most New Zealand exports to Korea by 2030, some hefty duties remain.</p><p>There is a strict quota for honey imports, with only selected companies allowed to export, and there is still a 20 per cent tariff.</p><p></p><p>Exports outside the quota are subject to duty of 243 per cent or NZ$2.30 per kilo, whichever is the greater, and the FTA contains no commitment to remove this.</p><p></p><p>“Korea is an intelligent market, if you start confusing it with anyone using the term [mānuka], you start to lose the trust.”</p><p>The market has a lot of potential, but the tariff does make it difficult to do business in Korea.</p><p></p><p>[URL unfurl="true"]https://www.stuff.co.nz/business/126029770/upping-exports-to-south-korea-could-reduce-our-reliance-on-the-chinese-market[/URL]</p></blockquote><p></p>
[QUOTE="Grant, post: 6048, member: 1"] New Zealand honey exports to Korea increased 65 per cent last year, and UMF Honey Association chief executive John Rawcliffe says it is still a significant market, especially for mānuka honey, which is why the industry has fought so hard to prevent Australian honey producers from using the term. New Zealand wine has undoubtedly benefited from our Free Trade Agreement (FTA) with Korea, and like Kiwifruit and a number of other products, it now enters the country duty free. Although the FTA will progressively eliminate tariffs on most New Zealand exports to Korea by 2030, some hefty duties remain. There is a strict quota for honey imports, with only selected companies allowed to export, and there is still a 20 per cent tariff. Exports outside the quota are subject to duty of 243 per cent or NZ$2.30 per kilo, whichever is the greater, and the FTA contains no commitment to remove this. “Korea is an intelligent market, if you start confusing it with anyone using the term [mānuka], you start to lose the trust.” The market has a lot of potential, but the tariff does make it difficult to do business in Korea. [URL unfurl="true"]https://www.stuff.co.nz/business/126029770/upping-exports-to-south-korea-could-reduce-our-reliance-on-the-chinese-market[/URL] [/QUOTE]
Verification
What type of honey is New Zealand famous for?
Post reply
Forums
New Zealand Beekeeping Forums
Bees in the Media
Korea an intelligent alternative to China for NZ honey exports
Top
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…