Trade agreements

India is Australia’s fifth largest trading partner with two-way trade in goods and services valued at $54.4 billion in FY2024-25. India has a population of 1.4 billion people. Its youthful population, diversified economy and growth trajectory present significant opportunity for Australian business, including in education, agriculture, energy, resources, tourism, healthcare, financial services, infrastructure, science and innovation, and sport.

The Pacific Agreement on Closer Economic Relations Plus is a regional development-centred trade agreement.

The Thailand-Australia Free Trade Agreement (TAFTA) which entered into force on 1 January 2005, has transformed economic relations between the two countries while providing significant market access for Australian goods and services in Thailand.

The Singapore-Australia Free Trade Agreement (SAFTA) is a central pillar of the economic relationship with Singapore, Australia's largest trade and investment partner in South-East Asia.

The Korea-Australia Free Trade Agreement (KAFTA) is a comprehensive agreement liberalising trade between Australia and Korea. 

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement (FTA) between Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Singapore and Vietnam.