New Zealand exported $1.29 billion in goods and services to India in 2024, while imports stood at $1.47 billion, totalling $2.77 billion in bilateral trade. India ranks 15th among New Zealand’s trading partners,

Indian Prime Minister Narendra Modi and his New Zealand counterpart Christopher Luxon have held wide-ranging discussions seeking to deepen their defense and economic ties.

India and New Zealand began negotiating the Comprehensive Economic Cooperation Agreement (CECA) in April 2010 to boost trade in goods, services, and investment. However, after ten rounds of discussions, the talks stalled in February 2015.

India and New Zealand have restarted free trade talks a decade after negotiations fell apart, as Prime Minister Christopher Luxon began his five-day tour of Delhi. He is scheduled to meet Indian Prime Minister Narendra Modi later in the day.

India and New Zealand revive free trade talks after a decade as Luxon visits Delhi - Christopher Luxon touts ‘major breakthrough’ in trade talks stalled since 2015