NewKerala.com

India's Exports to Australia Jump 8% as Trade Pact Unlocks New Opportunities

India's exports to Australia have grown by 8% in the three years since the Economic Cooperation and Trade Agreement (ECTA) took effect. A major milestone is set for January 2026, when 100% of Australian tariff lines will drop to zero duty for Indian goods, enhancing market access. Key sectors like gems and jewellery, pharmaceuticals, and agriculture have seen significant export increases. The agreement is a cornerstone of India's economic strategy in the Indo-Pacific, with both nations advancing toward a more comprehensive trade pact.

Key Points: India-Australia ECTA: Exports Grow 8%, Tariffs to Drop to Zero

  • 8% export growth for India
  • Zero Australian tariffs from 2026
  • Gems & jewellery exports up 16%
  • Boost for agriculture & manufacturing
2 min read

India's export to Australia grows 8% over 3 years of Ind-Aus ECTA: Piyush Goyal

India's exports to Australia grew 8% under the ECTA trade deal. From 2026, 100% of Australian tariffs on Indian goods will be eliminated, boosting key sectors.

"translated intent into impact - Piyush Goyal, Union Minister"

New Delhi, December 29

India and Australia marked the third anniversary of their Economic Cooperation and Trade Agreement, showing a significant rise in trade between the two nations.

The trade deal, which started three years ago, led to an 8 per cent growth in Indian exports to Australia during the 2024-25 financial year. This growth helped improve the overall trade balance for India.

A major change is also expected to take place from January 1, 2026, as 100 per cent of Australian tariff lines will become zero-duty for Indian exports. This means Indian goods can enter Australia without extra taxes, creating new chances for sectors that employ many workers.

Union Minister of Commerce and Industry Piyush Goyal, on Monday, shared the details on X. He stated that the agreement "translated intent into impact" over the last three years. "Over the past three years, the Agreement has delivered sustained export growth, deeper market access, and stronger supply-chain resilience, benefiting Indian exporters, MSMEs, farmers, and workers alike," he said.

Goyal noted that the trade agreement brought strong gains to many different industries. These included manufacturing, chemicals, textiles, plastics, and pharmaceuticals. Petroleum products and the gems and jewellery sector also saw a rise in business. Specifically, exports for gems and jewellery increased by 16 per cent between April and November 2025.

Agricultural products from India have also found more buyers in Australia. There was broad growth in the sale of fruits, vegetables, marine products, and spices. Coffee exports showed especially high growth during this period. To make trading easier, both countries signed a Mutual Recognition Arrangement for organic products. This step allows for smoother trade and reduces the costs that exporters have to pay to follow rules.

"As Comprehensive Economic Cooperation Agreement (CECA) negotiations advance, Ind-Aus ECTA continues to anchor India's economic engagement in the Indo-Pacific, aligned with Make in India and the vision of Viksit Bharat 2047. Together, India and Australia are building a future of shared prosperity and trusted trade," Goyal noted.

- ANI

Share this article:

Reader Comments

P
Priya S
Great to see our agricultural products like fruits, spices, and coffee getting a bigger market in Australia. This can really help our farmers get better prices. Hope the benefits actually reach the small farmers and aren't just for big exporters.
R
Rohit P
The 16% jump in gems and jewellery exports is impressive! Surat and Jaipur will be happy. Strong trade ties with a country like Australia are crucial for stability in the Indo-Pacific. Good strategic move alongside the economic one.
S
Sarah B
While the growth numbers are positive, I hope the government ensures that the working conditions for laborers in these exporting sectors (like textiles and gems) also improve with this prosperity. Growth should be inclusive.
V
Vikram M
The Mutual Recognition Arrangement for organic products is a smart step. It cuts red tape and costs. Now our authentic Indian organic produce can compete more fairly. More such agreements with other countries, please!
M
Michael C
As someone who follows global trade, this is a well-negotiated deal. Phasing to 100% zero-duty by 2026 gives Indian industries time to scale up. The focus on pharmaceuticals and chemicals is particularly promising for long-term growth.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50