top of page

Visualised: India - EU Trade

  • Jul 17
  • 1 min read

The India - EU trade is surely going to be an interesting one.


Together, the two accounted for €120 billion worth of goods trade in 2024.


Title written as “India - EU Trade”. An exclusive researched row graph represented in a rich visual infographic showing the top countries in the EU that India exports to and imports from as per latest trade data. Listed countries include - India, Germany, Italy, France, Netherlands, Belgium, Slovenia, Spain, Sweden, Poland, Czech Republic and Austria.

Here are some interesting facts that make the trade agreement announcement stand out:


The EU is India’s largest trading partner but India is EU’s 9th largest trading partner (Well behind USA, China and UK)
In 2024, India exported goods with €71.3 billion to EU, in comparison to €48.8 billion worth of imports, reflecting a €22.5 billion trade surplus.
Just 4 EU nations (Netherlands, Germany, Italy and France) account for 54% of India’s exports.
While India imports almost 35% of its total EU goods just from Germany.
India’s exports to EU: machinery, appliances, chemicals, mineral products, base metals and textiles.
India’s imports from EU: machinery, appliances, transport equipment and chemicals.

Given the expected cut in automobile import tariffs by India, the move makes sense, as nearly 35% of imports originate from Germany, which will boost the sector.


Comments


You may also like

bottom of page