Back India – pearls most traded product with the EU

18 July 2018

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Logo Statistics ExplainedIn 2017, India was EU's ninth largest partner for imports (2.4 % of total extra-EU imports) and tenth largest for EU exports (2.2 % of total extra-EU exports).

Graph: The position of India among the EU's main partners, 2017

From the period 2007 to 2012, the EU ran a trade surplus (meaning that they exported more than they imported) with India. This trade surplus turned into a deficit in 2013, reaching EUR 2.4 billion in 2017.

Graph: Imports, exports and trade balance between the EU and India, 2008-2017

For both EU exports and imports with India, "machinery and vehicles", "chemicals" and "other manufactured goods" dominate. Together these manufactured goods accounted for 89 % of EU exports to and 83 % of imports from India in 2017. At a more detailed level, "pearls and semi-precious stones" were the EU’s most exported product to India, while "petroleum oil" was the main product imported into the EU from India.

 

The United Kingdom and Germany: main traders with India among the Member States

Among the Member States, the United Kingdom (EUR 8 billion) was the largest importer from India and Germany (EUR 11 billion) was the largest exporter to India in 2017. Further information is provided in the Statistics Explained article India-EU international trade in goods statistics.

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