EU-India trade: facts and figures
The European Union and India are the two largest democracies in the world. Together, they represent almost one fifth of global trade and around 25% of the global population. The EU and India are close partners that work together to promote economic prosperity, the rules-based international order and sustainable development.
Trade in goods
In 2025, the EU was India’s second-largest trading partner – just after the United States and ahead of China – accounting for 11.6% of India’s trade in goods.
In 2025, EU-India trade in goods was worth over €118 billion – with €69.5 billion in EU imports and €48.9 billion in EU exports.
In the last decade, bilateral trade has grown by 84%: EU imports have grown by 120%, while EU exports have increased by 49%.
€69.5 billion worth of imports from India
€48.9 billion worth of exports to India
Top goods the EU exports to India
machinery and appliances
transport equipment
chemicals
Top goods the EU imports from India
machinery and appliances
chemicals
fuels
Trade in services
In 2025, according to provisional data, EU-India trade in services was worth over €67 billion – with almost €38 billion in EU imports and over €29 billion in EU exports.
Over the last decade, EU-India trade in services has almost doubled (+190%).
€37.9 billion worth of imports from India
€29.3 billion worth of exports to India
Top-traded services
telecommunications, computer, and information services
other business services (e.g. professional and management consulting services)
transport services
Foreign direct investments
In 2024, the EU’s foreign direct investments in India were worth over €132 billion, making the EU the leading investor in India. Over 6 000 European companies are present in India, directly providing around 3 million jobs in a broad range of sectors.
EU-India relations
EU-India trade-related agreements
In June 2022, the European Union relaunched negotiations with India for a free trade agreement. At the same time, separate negotiations were started on two other agreements – on investment protection and geographical indications.
The trade negotiations aim to:
- remove barriers and help EU firms – especially smaller ones – to export more
- open up services and public procurement markets
- ensure the protection of geographical indications
- pursue ambitious commitments on trade and sustainable development
According to estimates, the agreement will eliminate or reduce 90% of tariffs, resulting in savings on duties for European exporters of around €4 billion per year.
On 27 January 2026, at the EU-India summit in New Delhi, leaders from the EU and India hailed the successful conclusion of negotiations on the free trade agreement.
Strategic EU-India agenda
In October 2025, the Council approved conclusions on a new strategic EU-India agenda. This agenda aims to deepen bilateral ties in areas such as prosperity and sustainability, technology and innovation, security and defence and connectivity and global issues.
Connectivity partnership and investments within the Global Gateway
In 2020, the EU and India signed a connectivity partnership to support building digital, transport, and energy networks that are sustainable, resilient, and inclusive.
The partnership aims to create tangible benefits for citizens and businesses by linking European expertise and investment with India's vast market, skilled workforce, and growing digital economy.
To finance such initiatives, the EU and its member states committed over €15 billion for projects in India between 2021 and 2025 within the Global Gateway.
Data sources
The data used on this page was extracted in June 2026 and comes from the following Eurostat datasets:
See also
Last review: 10 July 2026