Fact checkPoliticsPublished July 19, 2026
The Diplomat: “Two-way annual trade between New Zealand and India is about $3.1 billion, with New Zealand's exports about $718 million.”. Our verdict: Mostly True.

The claim

“Two-way annual trade between New Zealand and India is about $3.1 billion, with New Zealand's exports about $718 million.”

The DiplomatNews reportJuly 19, 2026Read the original

Analysis of the New Zealand-India free trade agreement.

Our verdict

Mostly True

Those are New Zealand government figures in NZ dollars for 2024; more recent figures put trade at NZ$3.7-4 billion.

What we found

MFAT gives two-way trade of NZ$3.14 billion and exports of NZ$718 million for the year to December 2024. Newer data shows NZ$3.99 billion to June 2026. The figures are right but dated and in NZ dollars.

The evidence

1 of 2 sources support the claim; none contradict it.

Contradict 0Support 1Background 1
  • Supports the claim

    MFAT: two-way trade NZ$3.14 billion; NZ exports NZ$718 million (year to December 2024). [1]

  • Background

    New Zealand's parliament passed the India trade deal. [2]

How we checked

We checked the claim against New Zealand Ministry of Foreign Affairs and Trade, The Star (Reuters). We reviewed 2 relevant sources.

Sources

  1. [1]New Zealand Ministry of Foreign Affairs and Trade · New Zealand-India Free Trade Agreement overview
  2. [2]The Star (Reuters) · New Zealand parliament passes India trade deal

Have evidence we missed?

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