My guess would be that even though you created a 200GB volume within Fusion, when you installed Windows 11 and came to format the volume, you perhaps mistakenly accepted a default size of 64GB offered by the installer. Easy to do.
You've therefore got a 200GB capacity but only 64GB of it is used. In theory that's easy to fix: you simply tell Windows Disk Management to expand the 64GB volume into the free space.
In practice, you may find it more difficult because the installation process may have placed a small recovery partition right after the 64GB, and that will prevent you expanding.
It's not too hard to work around this, if that's the case. You can switch off and remove the recovery partition, then expand your 64GB, leaving a little room to put a fresh recovery partition on the end of your 200GB allocated space.
There are numerous articles on the web about this. I'm sorry but I don't have the relevant information to hand but a quick search should give you the solution you need.