GS3 · Trade

India–Australia ECTA four years: trade USD 24.1 billion

Battle IAS current affairs title card: India–Australia ECTA four years: trade USD 24.1 billion (GS3 · Trade, 2 April 2026)

What happened

  • The India–Australia ECTA completed four years; bilateral trade reached USD 24.1 billion in 2024-25 [PIB].

Background

  • ECTA entered into force on 29 December 2022; a CECA is under negotiation.

Why it matters

  • ECTA opened Australia to India’s labour-intensive goods; trade figures show the effect.

How to use this in Mains

GS-III Effects of liberalisation; trade policy

  1. As per PIB (2026-04-02): the India–Australia ECTA completed four years; bilateral trade reached USD 24.1 billion in 2024-25.
  2. ECTA opened Australia to India's labour-intensive goods; trade figures show the effect.
Quotable data point

bilateral trade reached USD 24.1 billion in 2024-25.

PIB: Commerce: India–Australia ECTA, 2 Apr 2026

Exam angle

UPSC

Prelims: ECTA vs CECA.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

Trade 2024-25

Answer (b) & explanation

PIB.

Practice · UPSC

Under negotiation

Answer (a) & explanation

PIB.

Practice · UPSC

Partner

Answer (a) & explanation

PIB.

Official source: PIB: Commerce: India–Australia ECTA, 2 Apr 2026

facts from cited sources only; faculty review pending