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The latest Situation and Outlook for New Zealand’s Primary Industries for 2014 forecasts seafood exports to fall slightly this year.

The latest Situation and Outlook for New Zealand’s Primary Industries for 2014 forecasts seafood exports to fall slightly this year, and the next, but projects exports to reach $1.64 billion by 2018 as a result of increasing export prices, and growth of aquaculture volume from 2016 through a planned expansion in salmon farming.

The SPPI 2014 also features an article of the effect of the NZ-China Free Trade Agreement on the seafood industry’s major export earner – rock lobsters.