New Zealand-India Economic Relationship Overview

New Zealand’s Trade with India

India and New Zealand have a longstanding and warm relationship. India is also an important trading partner to New Zealand – with two-way trade total trade amounting to NZ$3.14 billion annually (year ended December 2024). New Zealand currently exports NZ$718 million dollars’ worth of goods to India, nearly half of which are agricultural exports from our primary sector. New Zealand’s top agricultural exports to India include wool, logs and apples.

To learn more about New Zealand Trade with India and other partners, check out the Statistics New Zealand Trade Dashboard.

With the world’s largest population and on track to become the world’s third largest economy by 2030, India’s importance to New Zealand’s trade profile continues to grow. Reflecting this, New Zealand has committed to achieving a step-up in our relationship with India, and to develop deeper and stronger engagement across all facets of the relationship, including through increasing our trade. New Zealand is committed to developing a broad-based bilateral relationship with India that will span political, cultural, and economic spheres.

To date, there has been significant engagement between the private sector and NZ Inc. agencies to develop an agreed approach to lift economic relations with India through sectoral cooperation.

Continuing a business-led track of cooperation to enable growth is an important element of the broader trade and economic relationship with India.

FTA Negotiations 

New Zealand and India previously entered into Free Trade Agreement (FTA) negotiations in April 2010. The last round of negotiations (the 10th round) occurred in Delhi in February 2015. At this stage, there are no formal negotiations taking place.