Metro India News | new delhi

Spain, Germany, Belgium, and Poland are emerging as key export destinations for Indian goods within the 27-member European Union, according to commerce ministry data.

Spain has recorded the fastest growth among these markets, with exports rising over 56 per cent to USD 4.7 billion during April–November 2025-26, up from USD 3 billion in the same period last year. Spain’s share in India’s total exports rose to 2.4 per cent, registering the highest increase among European partners.

Germany remains a stable market, with Indian exports growing 9.3 per cent to USD 7.5 billion from USD 6.8 billion in the same period. Its share in total exports rose to 2.6 per cent, reflecting consistent demand for Indian goods. Belgium also showed steady growth, with exports increasing from USD 4.2 billion to USD 4.4 billion, while India’s shipments to Poland rose 7.6 per cent to USD 1.82 billion from USD 1.69 billion.

“These trends indicate a balanced European strategy for Indian exports. Rapid growth in Spain, steady expansion in Germany, and resilience in Belgium highlight diversification from traditional markets and consolidation in mature economies,” a commerce ministry official said.

Bilateral trade between India and the EU is set to gain further momentum with ongoing free trade agreement negotiations. In 2024-25, India’s trade in goods with the EU was USD 136.53 billion, including exports worth USD 75.85 billion and imports of USD 60.68 billion, making the EU India’s largest trading partner for goods.

The EU accounts for around 17 per cent of India’s total exports, while Indian imports make up 9 per cent of the bloc’s global shipments. Key Indian exports to the EU include ready-made garments, pharmaceuticals, steel, petroleum products, and electrical machinery. The proposed trade pact could make these goods even more competitive, boosting India’s footprint in European markets despite global economic uncertainties.