Impacts on New Zealand Supply Chain
The supply chain impact can be seen in two distinct ways. Firstly, China is a massive source of raw materials, components and finished goods. Therefore without an intact supply chain, manufacturing units will be starved of input materials. Secondly, China is the largest market for goods and services. Global players rely on China as a customer. A reduced demand from China would affect supply and disrupt businesses which rely on China. Continue reading for more information on how you can reduce disruptions within your supply chain.
The following charts show the latest data as updated by
Stats NZ in August. The analysis is based on New Zealand’s daily export trade data with China and the world from February. It compares the values of 2020 to 2019, to show the potential impacts of COVID-19 on New Zealand exports since its outbreak in late 2019.
New Zealand's commodity exports to the world
Compared between 2019 (February - July) and 2020 (February - July)
New Zealand's commodity exports to China
Compared between 2019 (February - July) and 2020 (February - July)