India’s agricultural exports increased by 2.8% to reach $52.55 billion in the fiscal year 2025-26, up from $51.12 billion in 2024-25, according to data released by the Commerce Ministry. This growth occurred despite ongoing global economic uncertainties and was attributed to a combination of traditional export commodities and expanding high-value product segments, supported by continued diversification in agriculture-related goods.

Officials highlighted that agri and allied products remained the foundation of the sector’s export performance. Additionally, marine and plantation products contributed notably to the overall momentum, helping to sustain the upward trend in foreign earnings from these categories.

In a related development, India and New Zealand are poised to formalize a free trade agreement (FTA) next week. New Zealand’s Trade and Investment Minister Todd McClay will travel to India to participate in the signing ceremony. New Zealand Prime Minister Christopher Luxon, in a social media video message, emphasized that the agreement is expected to create substantial opportunities for exporters from both nations and further strengthen bilateral economic relations.

The FTA aims to enhance trade flows by reducing barriers and facilitating greater market access across a range of sectors, including agriculture. Stakeholders on both sides have expressed optimism that the deal will boost economic cooperation and open new avenues for commercial engagement.