EU trade in goods with India

EU trade in goods with India

On the occasion of the European Union – India summit, which took place on March 30, 2016 in Brussels (B), Eurostat, the statistical office of the European Union, issues some data on economic relations between India and the EU

The major findings are:

  • India is the 9th EU trading partner in 2015, after South Korea and ahead of Brazil
  • EU trade in goods balance with India in 2015: deficit of EUR 1.3 billion
  • Manufactured goods largely dominate both exports and imports
  • Largest EU surplus with India: Belgium and Germany. Largest EU deficit: the United Kingdom, the Netherlands and Spain
  • EU trade in services balance with India in 2015: surplus of EUR 0.3 billion
  • EU is net investor (FDI) with India

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