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Export: India reaps benefits of ECTA

Fiinews by Fiinews
April 3, 2026
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Indian exports are eligible for zero-duty market access into Australia

India’s exports to Australia have more than doubled, rising from US$4 billion in FY 2020–21 to US$8.5 billion in FY 2024–25 following the signing of India–Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) four years ago, on 2 Apr 2022, the Ministry of Commerce and Industry said on 2 Apr 2026 https://export.org.au/.

Bilateral trade stood at US$24.1 billion in 2024-25. India’s total trade with Australia stood at US$19.3 billion in 2025-26 (up to Feb), it added. India’s exports to Australia recorded an 8% growth over the previous year.

The ECTA grants India preferential market access on 70.3% of its tariff lines, covering 90.6% of trade value, while Australia gets preferential market access on 100% of its tariff lines, corresponding to 100% of imports from India. Of this, 98.3% of tariff lines became duty-free immediately upon implementation, while the remaining 1.7% (113 tariff lines) are being phased out over five years, it said.

From 1 January 2026, all Indian exports are eligible for zero-duty market access into Australia, the Ministry added.

Sectoral gains under the ECTA have become more broad-based, with notable growth in exports across textiles, pharmaceuticals, chemicals, and agricultural products. On the import side, the Agreement continues to facilitate access to essential raw materials such as base metals, raw cotton, chemicals and fertilisers, and pulses, which are critical for India’s manufacturing and industrial sectors. This complementary trade structure has strengthened supply chain resilience and supported domestic value addition http://commerce.gov.in.

A major milestone in bilateral cooperation was achieved with the signing of the Mutual Recognition Arrangement (MRA) on Organic Products between India and Australia on 24 September 2025. The MRA facilitates seamless trade in organic products by recognising each other’s certification systems, thereby reducing duplication, cost, and time for exporters. This step has strengthened cooperation in the organic sector and enhanced transparency and trust in organic trade practices, the Ministry said.

The Agreement has emerged as a key pillar of bilateral engagement, delivering tangible benefits for businesses, MSMEs, workers, and consumers in both countries. As India and Australia commemorate four years of the Ind-Aus ECTA, both sides reaffirm their commitment to expanding trade, strengthening supply chains, promoting investment partnerships, and advancing the shared objective of taking the bilateral economic partnership to even greater heights, said the Ministry. Fiinews.com

Tags: Ministry of Commerce and Industry
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