\u2713The EU as a bloc of 28 countries is India\u2019s largest regional trading partner while India was the EU\u2019s 9th largest trading partner in 2016.<\/p>\n\n\n\n
\u2713 Bilateral trade in goods standing at US$ 88 bn in 2016. The EU is also the largest destination for Indian exports.<\/p>\n\n\n\n
\u2713In goods, India\u2019s export to the EU in 2015 stood at \u20ac 39.41 billion ($43.73 billion) while India\u2019s imports from the EU were valued at \u20ac 38.1 billion ($42.3 billion).<\/p>\n\n\n\n
\u2713In 2015, the trade balance in goods was in India\u2019s favour by \u20ac1.3 billion ($1.44 billion).<\/p>\n\n\n\n
\u2713India\u2019s bilateral trade with the EU28 during the first eight months of 2016 (Jan-Aug 2016)stood at \u20ac51.2bn with India\u2019s exports valued at \u20ac26.6bn and India\u2019s imports from the EU at \u20ac24.6bn.<\/p>\n\n\n\n
\u2713EU bilateral trade in services was \u20ac27.7billion ($30.75 billion) in 2015 comprising Indian exports of services to the EU worth \u20ac 13.67billion ($15.17 billion) and Indian imports from the EU worth \u20ac14.03billion ($15.58 billion).<\/p>\n","protected":false},"excerpt":{"rendered":"
Economic Cooperation and Trade b\/w India and EU \u2713The EU as a bloc of 28 countries is India\u2019s largest regional trading partner while India was the EU\u2019s 9th largest trading partner in 2016. \u2713 Bilateral trade in goods standing at US$ 88 bn in 2016. The EU is also the largest destination for Indian exports. […]<\/p>\n","protected":false},"author":894,"featured_media":120305,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1755],"tags":[1797],"class_list":["post-120297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-upsc-important-topics","tag-upsc-daily-important-topic"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/120297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=120297"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/120297\/revisions"}],"predecessor-version":[{"id":120306,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/120297\/revisions\/120306"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/120305"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=120297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=120297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=120297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}