Fertilizers & Food
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New Zealand milk and Fonterra

Auckland, Nouvelle-Zélande36.85°S 174.76°E
computed criticality17/100
reading
New Zealand ≈world's leading dairy exporter; Fonterra ≈30% of global dairy trade (FAO 2023)
2023
Fault line

New Zealand exports more than 90% of its milk and Fonterra collects the bulk of that output, concentrating close to a third of global dairy trade in a single cooperative. The lock is a dominant outlet, China, the top buyer of milk powder; a fall in Chinese demand or a New Zealand drought passes straight through to world dairy prices.

Actors
Fonterra
Open Country Dairy
Synlait Milk
Sources