GS IAS Logo

< Previous | Contents | Next >

The EU as a bloc of 28 countries is India’s largest regional trading partner while India was

the EU’s 9th largest trading partner in 2016.

Bilateral trade in goods standing at US$ 88 bn in 2016. The EU is also the largest destination for Indian exports.

In goods, India’s export to the EU in 2015 stood at € 39.41 billion ($43.73 billion) while India’s imports from the EU were valued at € 38.1 billion ($42.3 billion).