Overview
- Commerce ministry data for April–November 2025–26 show exports to Spain up more than 56% to $4.7 billion, lifting Spain’s share of India’s total exports to 2.4%.
- Exports to Germany rose 9.3% to $7.5 billion, while shipments edged up to $4.4 billion for Belgium and grew 7.6% to $1.82 billion for Poland.
- EU-bound exports increased 16% year on year in November 2025 to $6.3 billion, indicating firm demand across key European markets.
- In 2024–25, India–EU goods trade totaled $136.53 billion (exports $75.85 billion; imports $60.68 billion), making the bloc India’s largest goods trading partner.
- India–EU FTA negotiations continued in early January, and officials say a deal could boost competitiveness for ready-made garments, pharmaceuticals, steel, petroleum products and electrical machinery.