Spain, Germany, Belgium and Poland emerge as key EU markets for Indian exports – Firstpost

Indian exports are gaining firmer ground in several European Union markets with Spain, Germany, Belgium and Poland emerging as steady destinations, commerce ministry figures show.

Spain has posted the strongest momentum among European buyers. During April–November of the current financial year, shipments to the country surged more than 56 per cent, reaching USD 4.7 billion compared with USD 3 billion over the same period last year.

The sharp rise has pushed Spain’s share in India’s total exports to 2.4 per cent, reflecting a jump of 0.5 percentage points, the biggest increase recorded among India’s European trade partners in that timeframe.

STORY CONTINUES BELOW THIS AD

Germany also registered a notable uptick in imports from India. Exports rose by 9.3 per cent year-on-year to USD 7.5 billion in the first eight months of the fiscal, up from USD 6.8 billion in the corresponding period a year earlier.

More from India 'Greenland belongs to its people': European leaders issue joint statement backing Denmark amid US interest Trump losing base in Europe over Maduro raid? From Orban to Farage, his fans unsettled, says report

”With a 2.6 per cent share in India’s total exports and a positive share gain of 0.2 percentage points, Germany continues to provide stable demand for Indian products,” an official remarked.

The country’s shipments to Belgium edged up from USD 4.2 billion to USD 4.4 billion during April-November 2025-26.

India’s exports to Poland grew 7.6 per cent to USD 1.82 billion during the period from USD 1.69 billion in April–November 2024.

”Taken together, these trends highlight a nuanced European strategy for India’s exports. Rapid growth in Spain, steady expansion in Germany, and resilience in Belgium reflect a balanced export profile combining exchange diversification from traditional markets and consolidation in mature economies,” the official stated.

Quick Reads

View All

X blocks 3,500 posts, deletes 600 accounts over obscene content as India flags Grok misuse

Pardoned but still jailed in Qatar: Family of Indian Navy veteran appeals to PM Modi

With India and the EU negotiating a free trade agreement, the bilateral trade between the two is expected to register healthy growth despite the global economic uncertainties.

India’s bilateral trade in goods with the EU was USD 136.53 billion in 2024-25 (exports worth USD 75.85 billion and imports worth USD 60.68 billion), making it the largest trading partner for goods.

STORY CONTINUES BELOW THIS AD

The EU exchange accounts for about 17 per cent of India’s total exports, and the bloc’s exports to India constitute 9 per cent of its total overseas shipments.

Indian goods’ exports to the EU, such as ready-made garments, pharmaceuticals, steel, petroleum products, and electrical machinery, can become more competitive if the pact sails through.

With inputs from agencies

TagsEuropean Union IndiaHomeIndiaSpain, Germany, Belgium and Poland emerge as key EU markets for Indian exportsEnd of Article