America After the heavy tariffs imposed on India by the US, exporters rapidly started looking for new markets to export their goods. Indian exporters have also got very good results from this search. India’s exports to many countries in Europe have increased rapidly. Spain, Germany, Belgium and Poland are emerging as stable and major export destinations for Indian goods in the 27-nation European bloc, according to commerce ministry data. Statistics show that Spain has emerged as a high-growth European market for Indian exports.
Great increase of 56 percent in exports to Spain
During April-November of the current financial year, exports to Spain increased by more than 56 percent to $4.7 billion from $3 billion in the same period of the last financial year. Spain’s share in India’s total exports increased to 2.4 percent, a significant increase of 0.5 percentage points. Similarly, India’s exports to Germany increased by 9.3 percent from $6.8 billion to $7.5 billion during the first 8 months of the current financial year. “With 2.6 per cent share in India’s total exports and share growth of 0.2 percentage points, Germany continues to provide steady demand for Indian products,” an official said.
Good growth in Indian exports to Belgium and Poland also
The country’s exports to Belgium increased from $4.2 billion to $4.4 billion during April-November 2025-26. India’s exports to Poland during this period increased by 7.6 percent to $1.82 billion, compared to $1.69 billion in April-November 2024. The official said that overall these trends reflect India’s export strategy for Europe. Rapid demand growth in Spain, steady growth in Germany and stability in Belgium show that India’s exports are balanced, combining both strength in old markets and diversification into new markets.
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