India currently ranks as New Zealand’s 11th-largest goods and services export market, representing 1.8% of New Zealand’s exports.
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 amounts to NZ$3.95 billion annually (year ended December 2025).
New Zealand exported NZ$2.03 billion of goods and services to India, making India our 21st-largest goods export market and 5th-largest services export market. New Zealand’s key exports to India in year ending December 2025 were:
- Travel services (NZ$1.14 billion)
- Forestry (NZ$399 million)
- Horticulture (NZ$114 million – apples NZ$81 million and kiwifruit NZ$33 million)
- Aluminium (NZ$86 million)
- Iron and steel (NZ$80 million)
- Wool (NZ$77 million)