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After very low initial exports of deer velvet, the value increased sharply and remained at a high level from 1992–96, then settled to a more stable lower level. New Zealand is one of the major suppliers of velvet to the world market, and 90% of exports go to South Korea and Hong Kong.
Te whakamahi i tēnei tūemi
Te Ara - The Encyclopedia of New Zealand
Source: Ministry of Primary Industries (1989–2004); Deer Industry New Zealand (2005–06).
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