Higher transport costs have are now seen as the biggest concern for New Zealand exporters. Photo / NZ HeraldNew Zealand exporters are facing higher costs and lower frequency of transport options to get their products to market, largely due to the impact of Covid-19 on supply chains around the world, according to an ExportNZ-DHL survey. "This probably says less about the level of the dollar and more about the increase in other barriers such as transport costs," it said. DHL said more than 51 per cent of exporters have changed and adapted business models amid the pandemic. "In spite of this, exporters are being careful to maintain their competitiveness and not invest too heavily on business costs when they are already struggling with increased transportation and other Covid related costs," it said.
Source: New Zealand Herald November 30, 2020 01:30 UTC