India’s export momentum within the European Union is increasingly being driven by Spain, Germany, Belgium and Poland, which are shaping a more diversified and resilient trade footprint for Indian goods across the 27-member bloc, according to data from the commerce ministry.
Among European partners, Spain has emerged as the fastest-growing destination for Indian exports. Shipments to the country surged by more than 56 per cent during April–November of the current financial year, rising to $4.7 billion from $3 billion in the corresponding period last year. This sharp rise pushed Spain’s share in India’s overall exports to 2.4 per cent, marking a gain of 0.5 percentage points — the highest increase recorded among European markets during the period.
Germany continues to provide steady demand for Indian products. Exports to Europe’s largest economy grew 9.3 per cent during the eight-month period, increasing from $6.8 billion to $7.5 billion. Germany now accounts for 2.6 per cent of India’s total exports, reflecting a positive share gain of 0.2 percentage points.
Belgium also maintained its position as a stable trading partner, with Indian exports inching up from $4.2 billion to $4.4 billion during April–November 2025–26. Meanwhile, exports to Poland rose 7.6 per cent to $1.82 billion, compared with $1.69 billion in the same period of the previous year.
Officials said the combined performance of these markets underlines a calibrated European strategy for Indian exporters. Strong growth in Spain, consistent expansion in Germany and sustained resilience in Belgium point to a balanced approach that blends diversification into newer markets with consolidation in established economies.
Trade prospects are expected to strengthen further as India and the European Union continue negotiations on a free trade agreement. Despite global economic uncertainties, the proposed pact is seen as a catalyst for deeper bilateral trade engagement.
In 2024–25, India’s total merchandise trade with the EU stood at $136.53 billion, with exports valued at $75.85 billion and imports at $60.68 billion, making the bloc India’s largest goods trading partner. The EU currently accounts for around 17 per cent of India’s exports, while shipments to India represent about 9 per cent of the EU’s total exports.
Sectors such as ready-made garments, pharmaceuticals, steel, petroleum products and electrical machinery are expected to gain further competitiveness in the European market if the trade agreement is finalised.
