India’s exports to Australia have shown consistent momentum three years after the implementation of the India-Australia Economic Cooperation and Trade Agreement, recording an 8% rise in the most recent financial year. This growth highlights the expanding trade relationship between the two countries and reflects the improved market access and logistics pathways created through the agreement.
The trade pact has played a meaningful role in improving the overall trade balance by simplifying export procedures and strengthening supply chain connectivity. One of the most significant developments under the agreement is the move toward zero-duty access, with Australia transitioning all tariff lines to duty-free status for Indian goods. This shift allows Indian products to enter the Australian market without tariff barriers, creating new commercial possibilities for exporters across labor-intensive industries.
A wide range of sectors have benefited from the agreement. Manufacturing, chemicals, textiles, plastics, pharmaceuticals, petroleum-based products, and gems and jewellery have all recorded stronger export performance. Among these, the gems and jewellery segment has seen particularly strong traction, with exports in this category rising by 16%, signaling growing demand for Indian craftsmanship and products in Australia.
Agricultural exports have also gained ground under the agreement. Indian fruits, vegetables, seafood, spices, and coffee have achieved deeper penetration in the Australian market, supported by clearer regulatory frameworks and faster market entry. These gains are especially important for farmers and rural supply chains, which rely heavily on export access for income stability.
Union Minister of Commerce and Industry Piyush Goyal underscored the practical impact of the trade agreement, noting that it has delivered tangible outcomes for exporters, micro and small enterprises, farmers, and workers. He emphasized that the agreement reflects a commitment to translating policy intent into real-world economic results.
Another major step forward has been the signing of a Mutual Recognition Arrangement for organic products. This arrangement simplifies certification processes and makes it easier for organic goods to move between the two countries, further reducing trade friction.
Looking ahead, the Ind-Aus ECTA is expected to serve as a foundation for deeper economic engagement, aligned with the broader vision of a future Comprehensive Economic Cooperation Agreement. The deal supports India’s long-term objectives in the Indo-Pacific region, complements the Make in India initiative, and aligns with the country’s development goals leading toward 2047.
