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India, the 9th EU trading partner

Mar 30, 2016 | News

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

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 has a deficit of €1.3 billion. Manufactured goods largely dominate both exports and imports.

Countries with the largest surplus with India are Belgium and Germany. The United Kingdom, the Netherlands and Spain have the largest deficit.

The EU trade in services balance with India in 2015 has surplus of €0.3 billion. As for Foreign direct investment, the EU is a net investor with India.

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