Archive · 24 Dec 2025
India-New Zealand FTA to Boost Trade
India and New Zealand have signed a new trade agreement.
This agreement is expected to help India sell more products to New Zealand.
Right now, China sells a lot of goods to New Zealand, but India wants to increase its share.
The agreement will make it easier for India to export things like medicines, food, and electronics to New Zealand.
This could help India grow its economy and create more jobs.
The agreement is still new, but it has the potential to make a big difference in the future.
India-New Zealand FTA aims to increase India's share in New Zealand's imports, currently dominated by China.
Key export sectors for India include pharmaceuticals, processed foods, electronics, machinery, vehicles, and furniture.
India's global exports of bakery products stand at $602 million, but exports to New Zealand are only $6.5 million.
New Zealand imported $962 million worth of medicines, with India supplying only $75 million despite its global competitiveness in the pharma sector.
Effective implementation of the FTA could transform the modest bilateral trade relationship into a deeper and more diversified economic partnership.
- Who
- India and New Zealand
- What
- Free Trade Agreement (FTA) to boost trade
- When
- FY25
- Where
- India and New Zealand
- Why
- To increase India's share in New Zealand's imports and reduce China's dominance
- China's Imports to New Zealand
- $10 billion in FY25
- India's Exports to New Zealand
- $711 million in FY25
- Key Export Sectors
- Pharmaceuticals, processed foods, electronics, machinery, vehicles, furniture
- Global Bakery Exports
- $602 million
- Bakery Exports to New Zealand
- $6.5 million
- Global Food Preparations Exports
- $817 million
- Food Preparations Exports to New Zealand
- $7.7 million
- New Zealand's Medicine Imports
- $962 million
- India's Medicine Exports to New Zealand
- $75 million
Sources
Why the $30-trillion economy by 2047 will be built at sea
Piyush Goyal On What 2025 Meant For India's Growth Story
India-New Zealand FTA can reduce China’s grip on NZ imports, opens big export opportunity for India: GTRI
Legally binding commitments on professional services under FTAs to unlock global markets: Commerce Secretary
PM MITRA parks, exports and reforms marked strong year for India’s Textile sector in 2025