India is the fastest-growing G20 economy and by 2030, is expected to become the world’s third-largest economy (with GDP of US$7 trillion) and to have a middle class of more than 700 million. This leaves huge potential for growth not only for our premium food, beverage and consumer goods exports but also for tech and services exporters in sectors like gaming, education, tourism and fintech.
India-New Zealand two-way total trade amounted to NZ$3.9 billion annually in the year ended to June 2026.
New Zealand exported NZ$2.22 billion of goods and services to India (NZ$921 million in goods, and NZ$1.3 billion in services), making India our 21st-largest goods export market and 5th-largest services export market. New Zealand’s key exports to India in year ending June 2026 were:
- Travel services (NZ$1.22 billion)
- Forestry (NZ$193 million)
- Horticulture (NZ$134 million – apples NZ$100 million and kiwifruit NZ$28 million)
- Aluminium (NZ$95 million)
- Iron and steel (NZ$84 million)
- Wool (NZ$84 million)