Indian exporters have the potential to help New Zealand reduce its reliance on China while significantly boosting bilateral trade.
The reports highlights that in 202425, New Zealand imported over US $10 billion worth of goods from China, compared with just US $711 million from India. Analysts describe India’s exports to New Zealand as “negligible” in several product categories where Indian firms are globally competitive, suggesting significant untapped potential.
Key sectors identified for growth include agriculture and processed foods, petroleum products, pharmaceuticals, textiles, electronics, automobiles, telecom equipment, and furniture. The analysts notes that India’s capabilities in these areas could provide New Zealand with alternative sources, enhancing supplychain resilience and reducing dependence on a single dominant supplier.
The recently concluded India–New Zealand Free Trade Agreement (FTA), which aims to lower tariffs and broaden market access. Experts say that for India to fully leverage this opportunity, initiatives such as export promotion, regulatory alignment, and logistics support will be essential.
India has the potential to fill critical gaps in New Zealand’s import needs and strengthen the bilateral trade relationship, emphasizing that Indian exporters are well-positioned to offer competitive alternatives to Chinese imports.
With trade diversification becoming a strategic priority for New Zealand, Indian firms could play a pivotal role in reshaping the transPacific trade landscape in the coming years.
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