$25.46 million to New Zealand: gold jewellery carried the 50.56% rise

§1The council published its own New Zealand data on 27 August.

The Gem and Jewellery Export Promotion Council published New Zealand figures on 27 August, at the close of a delegation that ran Sydney, Melbourne, Wellington and Auckland from 20 to 26 August. India's gem and jewellery exports to New Zealand were $25.46 million in FY2025-26 against $16.91 million the year before, a rise of 50.56% on the council's own arithmetic, which this desk recomputes at 50.5618%. As with the Australia figures this paper carried on 24 August, the source is the council's own data on its own trade, and it is labelled that way here.

§2One category did 93% of the increase.

One category did nearly all of it. Gold jewellery exports were $17.47 million, up 84%, which back-solves to about $9.49 million the year before and a rise of roughly $7.98 million. The total rise was $8.55 million. Gold jewellery therefore accounts for about 93% of the whole increase on this desk's arithmetic, and 68.6% of the finished total. Cut and polished diamonds were $5.76 million, 22.6% of the total. Silver jewellery roughly doubled to $0.91 million and imitation jewellery rose 13.16% to $0.43 million.

§3Grown stones added about twelve thousand dollars.

Lab-grown diamonds are the flat line in the table. They were $0.63 million, up 2%, which on a base that size is an increase of about $12,000 and is the slowest growth of any category the council named. New Zealand is a small market taking Indian gold jewellery quickly and Indian grown stones barely at all, and the council did not offer a reason for the gap.

The five named categories sum to $25.20 million of the $25.46 million total, so the release accounts for 98.98% of what it reports and leaves about $0.26 million unnamed.

The trade agreement underneath is not yet in force. This paper reported on 24 August that the India-New Zealand free trade agreement was signed on 27 April 2026 and had not entered into force, and nothing published since has changed that. The 50.56% rise therefore happened without the tariff relief the agreement is meant to deliver, which is a different thing from the Australia number reported in the same week, where the $374 million was earned under an agreement in force since December 2022 and in its fourth year. The delegation was led by Vijay Mangukiya, the council's convener for international events, and met Madan Mohan Sethi, India's Consul General in Auckland, alongside the retailers Michael Hill, Wallace Bishop, Hardy Brothers, Prouds and Partridge.