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Spain Powers EU Demand for Indian Exports as Germany, Belgium and Poland Post Gains

Fresh commerce ministry data reinforce expectations that an India–EU trade pact would strengthen exporters’ competitiveness.

Overview

  • Commerce ministry figures for April–November 2025–26 show shipments to Spain jumped more than 56% to $4.7 billion.
  • Exports to Germany rose 9.3% to $7.5 billion, lifting its share of India’s outbound trade to 2.6%, an official said.
  • Sales to Belgium edged up to $4.4 billion from $4.2 billion, while Poland increased 7.6% to $1.82 billion.
  • The European Union accounted for about 17% of India’s exports in 2024–25, with two-way goods trade totaling $136.53 billion.
  • Negotiations on an India–EU free trade agreement continue, which stakeholders say could improve pricing power for garments, pharmaceuticals, steel, petroleum products and electrical machinery.