Christopher Adams

Christopher Adams is the Markets and Banking reporter for the New Zealand Herald

Mmm...A seasonal story about chocolate exports

Cadbury and Whittaker's milk chocolate. New Zealand Herald Photograph by Brett Phibbs
Cadbury and Whittaker's milk chocolate. New Zealand Herald Photograph by Brett Phibbs

As New Zealand prepares for the Easter break, we thought it was a good time for some chocolate trade statistics.

This country's chocolate exports reached $115 million last year, 83 per cent of which went across the Tasman, according to figures compiled by NZ Trade & Enterprise.

Other markets for New Zealand chocolate include Singapore ($5.8 million last year), Malaysia ($1.7 million) Hong Kong ($815,000) and South Korea ($793,000).

Chocolate exports have grown by 49 per cent over the past decade, NZTE said.

A spokeswoman for the agency said it was no surprise that so much New Zealand chocolate was ending up in Australia.

"That's where most of New Zealand's processed/branded food goes."

Cadbury exports a large amount of bulk "chocolate crumb" to Australia, while Whittaker's also exports across the Tasman.

In 2012 Cadbury said about $100 million worth of block chocolate was consumed in New Zealand annually and and the easter egg market was worth $30 million.

- NZ Herald

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