New Zealand offers a growing market for Indian agricultural exports, with recent trade agreements enhancing opportunities.
The India-New Zealand Free Trade Agreement (FTA), signed in April 2026, grants Indian exporters 100% duty-free access to New Zealand's market, eliminating tariffs up to 10% on key products. This development is expected to boost exports, particularly in sectors like textiles, apparel, and agri-processed products. The FTA also establishes a framework for $20 billion in bilateral investment, further strengthening trade relations.
China competes with India in exporting spices to New Zealand, often offering lower prices due to economies of scale.
Thailand exports rice to New Zealand, with a focus on jasmine rice, which competes with India's basmati rice.
| HS code | Product | Duty | Notes |
|---|---|---|---|
| 200190 | Vegetable, fruit, nut food preparations | 0% | Under the FTA, this product category enjoys zero-duty access to New Zealand. |
| 090240 | Spices | 0% | The FTA eliminates tariffs up to 10% on spices, enhancing India's competitiveness. |
| 100630 | Basmati rice | 0% | Basmati rice exports benefit from zero-duty access under the FTA. |
| 090230 | Tea | 0% | The FTA provides zero-duty access for tea exports to New Zealand. |
| 071310 | Lentils and pulses | 0% | Lentils and pulses are included in the zero-duty access under the FTA. |
Issued by New Zealand's Ministry for Primary Industries (MPI), this document outlines biosecurity requirements for importing agricultural products.
Issued by the exporting country's plant protection organization, certifying that the product is free from pests and diseases.
Demonstrates compliance with New Zealand's Maximum Residue Levels (MRLs) for pesticides.
Mandatory labeling under the Australia New Zealand Food Standards Code, indicating the product's country of origin.
Sea freight is the most common and cost-effective method for shipping agricultural products from India to New Zealand.
| Product | India mandi rate | New Zealand landed price | Margin |
|---|---|---|---|
| Basmati rice | $1,200/ton | $1,500/ton | $300/ton |
| Spices | $3,000/ton | $3,500/ton | $500/ton |
| Tea | $2,000/ton | $2,400/ton | $400/ton |
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