This paper presents a new radix-3 algorithm for realizing the discrete Fourier transform (DFT) of length n = 3m, which significantly reduces the number of complex multiplications required. The proposed algorithm achieves a time-saving advantage by utilizing three DFT sequences, each of length n/3, for computation. An example demonstrates the efficiency of optimizing computation for a 9-point DFT, requiring only 60 complex multiplications.