Keralam’s first export consignment under India-New Zealand FTA flagged off
The shipment is among the first consignments from the country in preparation for the implementation of the Free Trade Agreement
The first export consignment from Kerala under the India-New Zealand Free Trade Agreement (FTA) departed from the Cochin Port on Friday, October 16, 2026. Organized by the Office of the Joint Director General of Foreign Trade in Kochi, the ceremony marked the dispatch of the shipment, which primarily consists of spices sourced from the state.
Synthite Industries Pvt. Ltd., a Kochi-based company, facilitated the export. The FTA, signed on April 27 and ratified on September 21, 2026, is set to take effect on October 20, 2026. At the event, T. Tiju, Commissioner of Customs, emphasized Kerala's potential in the New Zealand market, particularly for spices and food products, noting that India's current market share stands at approximately 1.5%.
Present at the ceremony were representatives from various organizations including the Federation of Indian Export Organisations, the Bureau of Immigration, Customs, and the Department of Export Promotion.
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