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Billion dollar growth for Māori authorities

Tirohia tēnei whārangi i te reo Māori

The asset base of Māori authorities continued to grow in 2013, up 9.1 percent ($1.0 billion) from 2012 to reach $12.5 billion, Statistics New Zealand said today.

Tatauranga Umanga Māori 2015, released today, provides a snapshot of 973 Māori authorities – Māori businesses with collectively managed assets.

“Māori economic development is an important driver of New Zealand’s economy,” says Tatauranga Umanga Māori manager Jason Attewell. “A strong, responsibly managed asset base allows Māori authorities to build on their cultural brand. ”

China remained the leading trading partner in 2014, accounting for almost half the total value of Māori authorities’ exports.

Goods exported by Māori authorities were worth $526 million in 2014, up $16 million (3.1 percent) from 2013. Kaimoana (seafood) was their leading export commodity. It made up over half the total value of Māori authorities’ exports and 21 percent of the total value of New Zealand seafood exports in 2014. Dairy and meat and fish preparations were also top export commodities for Māori authorities.

“The increase in exports came from having a more diverse range of interests than previously, while at the same time the authorities have strengthened their existing connection with the land and the sea,” Mr Attewell said. “This success has opened up new export markets, which increased from 54 to 58 countries in 2014.”

See Tatauranga Umanga Māori 2015: Updated statistics on Māori authorities to read the report.

See the infographic Māori authorities export to the world 2014.

Ends

For media enquiries contact: Jason Attewell, Wellington 04 931 4600, info@stats.govt.nz
Authorised by Liz MacPherson, Government Statistician, 19 June 2015

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