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New Zealand red meat exporters face shipping risks due to U.S.-Iran tensions affecting the Strait of Hormuz, threatening $166 million in exports to GCC nations.
New Zealand's red meat exporters are tracking heightened tensions between the U.S. and Iran, which threaten shipping through the Strait of Hormuz, a key route for $166 million in chilled meat exports to GCC nations.
While shipments to Europe and the UK remain unaffected, disruptions could cause delays and congestion, with 4,000 TEU of cargo stranded.
Companies like Fonterra and Kotahi are assessing impacts and developing contingency plans, as alternative ports may face overload.
Despite the risks, New Zealand’s red meat exports hit a record $11.7 billion in 2025, with dairy exports also reaching a record $27.15 billion.
Los exportadores de carne roja de Nueva Zelanda enfrentan riesgos de envío debido a las tensiones entre Estados Unidos e Irán que afectan al Estrecho de Ormuz, amenazando $ 166 millones en exportaciones a las naciones del CCG.