Business NZ issued a press release today regarding a need to boost exports from NZ.
Business NZ chief executive Phil OâReilly’s quote rings true – he says
New Zealandâs economy is too small to generate rapid growth without strong export performance.
Our challenge is to grow exports as a proportion of GDP. Itâs the only way to grow the economy and improve living standards.
Our population makes up a tiny proportion of worldwide consumers and clients, so exporting is key to creating a viable long term growth plan for businesses.
We have a number of overseas clients, many of which have been as a result of collaboration with our Prague office. Working with these businesses gives one a strong sense that those not exporting are only getting the benefit of the tip of the iceberg.