ENA Global 2025-12-24 16:06:27 <p><span style="font-size:14px"><strong>New Delhi, Dec 24 (KNN)</strong> Indias exports to New Zealand remain modest despite its global export strength, while China dominates New Zealands import basket, according to a report by the Global Trade Research Initiative (GTRI). </span></p> <p><span style="font-size:14px">In FY2025, New Zealand imported over USD 10 billion worth of goods from China, compared with just USD 711 million from India, out of total imports of USD 50 billion.</span></p> <p><strong><span style="font-size:14px">FTA Opportunities Across Key Sectors</span></strong></p> <p><span style="font-size:14px">According to the report, India remains under-represented in many products where it is a major global exporter and New Zealand is a large importer. Such products include processed foods, pharmaceuticals, machinery, electronics, vehicles, aerospace, and furniture, reported ANI.</span></p> <p><span style="font-size:14px">The recently concluded India-New Zealand Free Trade Agreement (FTA) is expected to open new export opportunities and help bridge this trade gap.</span></p> <p><strong><span style="font-size:14px">Large Gaps in Processed Foods and Pharmaceuticals</span></strong></p> <p><span style="font-size:14px">Trade data highlights significant under-penetration in processed food exports. </span></p> <p><span style="font-size:14px">While Indias global bakery exports stand at USD 602 million, shipments to New Zealand total just USD 6.5 million. Similarly, food preparations worth USD 817 million are exported globally, but only USD 7.7 million reach New Zealand.</span></p> <p><span style="font-size:14px">Pharmaceuticals also present substantial potential. New Zealand imports USD 962 million worth of medicines, but India contributes only USD 75 million, despite its global competitiveness in the sector.</span></p> <p><strong><span style="font-size:14px">Export Growth Potential</span></strong></p> <p><span style="font-size:14px">Analysis of CY2024 trade data indicates multiple products where Indias global export capacity far exceeds its current market share in New Zealand. </span></p> <p><span style="font-size:14px">This under-representation reflects untapped potential rather than capability constraints.</span></p> <p><span style="font-size:14px">GTRI concluded that while the FTA has been signed, effective implementation will be critical to transforming the modest bilateral trade relationship into a more diversified and deeper economic partnership, unlocking significant export growth opportunities for India.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 44538 https://knnindia.co.in/news/newsdetails/global/india-under-represented-in-new-zealand-market-fta-expected-to-unlock-export-opportunities-gtri 2025-12-24 16:06:27 knnindia.co.in