NZEC Newsletter – February 2024

Kia ora koutou from the NZEC team!
We are excited to be back and issuing our first newsletter of 2024! We hope that this finds you well and you are rested after some time off over the holidays. A new year brings new opportunity, and we are energised to continue our work enabling New Zealand businesses of all sizes to showcase their products globally.
On the topic of enabling New Zealand exporters, we are happy to announce that we recently reached a milestone of supporting $5 billion worth of exports. We’ve included a snapshot detailing this milestone below!
In this newsletter we are excited to share with you our latest case study that features a New Zealand based specialty coffee company’s journey to international expansion and how NZEC’s guarantee had a domino like effect resulting in the company securing a working capital facility with an overseas bank. It’s a great success story that we’re proud to be apart of. Read below for more detail.
Thank you for taking the time to stay up to date and we hope you enjoy your reading.

Ozone Coffee Roasters

Case Study – Ozone Coffee Roasters

Ozone faced the challenge of funding an international expansion and establishing a bank relationship in the UK. Our guarantee to their New Zealand bank enabled a multi-year loan for Ozone and facilitated a UK bank guarantee. This helped Ozone's growth and consolidation of operations in London, including cafe purchases and production facility relocation. ASB acknowledged NZEC's role in boosting confidence for global expansion. Read the full case study on our website here.


Five Billion Exports Supported Milestone

We recently reached a milestone of supporting $5 billion worth of exports! We’re proud to achieve this milestone and be able enable Kiwi exporters. Our guarantees provide financial security and capacity for exporters to grow their exports, enter a new market, and/or trade with confidence during times of increased uncertainty. Below provides an overview of the support NZEC has provided since its establishment.

one pager of 5b stats

New Zealand Trade & Enterprise (NZTE) Resources

The Ozone Coffee Roasters case study highlighted how NZEC’s support aligns well with the work that NZTE does accelerating international growth of New Zealand businesses. NZTE have 50 offices globally and are a great resource for businesses looking begin their exporting journey. They have staff across the world that can provide up to date in market research and information. Timely reminder to jump over to their website and have a look at the services on offer. NZTE helps New Zealand businesses grow in international markets

Upcoming Events

The American Chamber of Commerce in New Zealand (AmCham) have a selection of upcoming events over the next couple of months. One of particular interest is their ‘Doing Business With The USA/SelectUSA Roadshow’ event in Wellington on the 8th April 2024. Full event details can be found on their site here.
All other upcoming AmCham event can be found here.

MFAT Market reports

MFAT publishes regular reports on topics of interest to the New Zealand export community. The latest reports include:

Latest reports:

If you'd like to subscribe to these and other reports, then click on:
Market Intelligence Reports

You can view the complete list of market reports published to date here:

Team Update

The Financing, Infrastructure and Urban Development (FIUD) Director and former Head of Export Credit Chris Chapman has decided to take a sabbatical for five months to travel with his family. This is exciting news, and we wish Chris and his family the best during their travels. In his absence, Geraldine Treacher will be stepping into the role of Acting Director. Congratulations to Geraldine and we look forward to working alongside her in her capacity as Director.

Our Head of Underwriting Feliza is also enjoying some time overseas which has seen Shalene step into the Head of Underwriting position. Shalene joined the team in May of 2023, and in that time has produced a plethora of quality papers analysing the risk of providing Crown backed guarantees to New Zealand businesses exporting globally. Shalene has been a fantastic addition to the team and is acing her time in the bosses’ shoes. 

After filling a handful of vacancies across the team in 2023, we are back running at full capacity and steaming ahead in 2024.

Team Movements

  • Michael will be in Whanganui and Palmerston North on Tuesday 27th February & Napier on the 7th of March.
  • Peter will be in Auckland in March. Dates to be confirmed.

Please make contact if you would like to arrange time to meet the team in the above locations. Alternatively, the team is always available for meetings in person, virtually using Skype, Zoom, Teams or over the phone. Contact details are on our website.

NZEC LinkedIn profile

A reminder that NZEC has its own LinkedIn account, which can enable you to keep up to date on our latest case studies, news and regional visits.

Our link is:

Kind regards,

Peter, Feliza, Rob, Phil, Michael, Renee, Shalene, Eddie, Joana, Annie, Sarah and Caiden.