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GTRI Flags Huge Export Opportunity for India in New Zealand Post Free Trade Agreement
FTA: According to the GTRI report, China holds the largest share of New Zealand's import market, while India's presence remains limited. Despite being a major global exporter of many products, India exports very little to New Zealand. Let's explore the details.
At present, China leads in dominating the import market in New Zealand. According to Global Trade Research Initiative (GTRI) report research, China has exceeded $10 billion in total imports from New Zealand. Meanwhile, Indian exports in FY 2025 stood at only $711 million. This contrasts with India being the largest global exporter in various product lines.
According to the report, India is considered an underrepresented country in New Zealand. But in recent times, the India-New Zealand Free Trade Agreement, which has just been concluded, may have a significant impact in making up for that deficiency. The Free Trade Agreement is likely to increase exports in processed food, medicines, machinery, electronics, automobiles, aircraft, and furniture.
According to GTRI, India is a major global exporter of many products that New Zealand imports in significant quantities, but despite this, India's share remains extremely low. New Zealand's total imports in FY2025 were estimated at approximately $50 billion, with imports from India accounting for only $711 million and from China accounting for over $10 billion.
