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PROGRAMME FOR THE YEAR

The Ministry of Economic Development, as part of their support for the New Zealand International Year of Cooperatives celebration, commissioned Statistics New Zealand to conduct a piece of research to determine the contribution of cooperatives to GDP for the year ending 31 March 2009. The figure they arrived at is 3%. This is indeed a significant figure when one takes into consideration that there are less than 200 cooperative and mutual enterprises in New Zealand, most of which are small. By way of contrast, the UK has 5,540 mostly consumer cooperatives with a combined turnover of £33.2 billion. Among this number are to be found 446 farming and 67 fishing cooperatives. In Switzerland, cooperatives make up 2% of Swiss businesses, have a turnover exceeding SFr1 billion and contribute 10% of the country’s GDP. According to research conducted by the University of Wisconsin Center for Cooperatives in the USA, 29,284 cooperatives account for more than US$654bn in revenue and are responsible for 1% of GDP.


ANNUAL TURNOVER/REVENUE FOR THE YEAR 2010-11* 1

Fonterra Cooperative Group

19,871,000,000

2

Foodstuffs (Auckland)

3,490,823,000

3

Foodstuffs South Island Cooperative

2,399,141,000

4

Foodstuffs (Wellington) Cooperative Society

2,270,945,000

5 6

Silver Fern Farms Alliance Group

2,096,672,000 1,498,385,000

7

Combined Rural Traders Society (CRT)

1,093,000,000

8

Ravensdown Fertiliser Cooperative

933,152,000

9

Ballance Agri-Nutrients

760,148,000

10

Southern Cross Medical Care Society

684,279,000

11

Farmlands Trading Society

683,000,000

12

Westland Cooperative Dairy Co

514,979,000

13 14

Mitre 10 (New Zealand) Market Gardeners t/as MG Marketing

504,161,000 277,462,000

15

NZPM Group

238,083,000

16

Ashburton Trading Society (ATS)

210,000,000

17

Tatua Cooperative Dairy Co

200,000,000

18

Rabobank New Zealand

198,000,000

19

Capricorn Society

180,000,000

20 21

CDC Pharmaceuticals Livestock Improvement Corporation (LIC)

175,995,000 165,600,000

22

Pharmacy Wholesalers (Bay of Plenty)

128,364,551

23

The Co-operative Bank

122,000,000


24

NZ Association of Credit Unions

119,640,126

25

Farmers Mutual Group (FMG)

117,138,000

26

Dairy Goat Cooperative

88,000,000

27 28

Pharmacy Wholesalers (Central) World Travellers

81,821,287 41,000,000

29

Eastpack

40,000,000

30

Electricity Ashburton

33,700,000

31

Composite Retail Society

27,800,000

32

Independent Timber Merchants Cooperative

23,640,000

33

Health 2000

22,100,000

34

Credit Union North t/as NZCU North

20,636,835

35 36

Paper Plus New Zealand New Zealand Honey Producers Cooperative

17,161,000 15,016,000

37

New Zealand Hops

12,000,000

38

Seasonal Solutions Cooperative

11,500,000

39

Fruit Packers (HB) Cooperative

11,207,754

40

Provelco Cooperative Group

7,500,000 TOTAL 39,387,050,553

*While all care has been taken to ensure accuracy, the Association accepts no responsibility for errors and omissions.

Together, they show a collective turnover/revenue of more than NZ$39bn, and represent just under 10% of the Deloitte/Management magazine list of New Zealand’s top 200 businesses. Cooperatives employ 43,000 people directly, and employment by cooperative members will be well into six figures seeing as many rural businesses are members of more than one cooperative. New Zealand’s six largest cooperatives are to be found in the International Cooperative Alliance Global 300 list of the world’s 300 largest cooperatives.


IYC coop in NZ facts v3  

By way of contrast, the UK has 5,540 mostly consumer cooperatives with a combined turnover of £33.2 billion. Among this number are to be fou...

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