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Europe is the saving grace for declining Indian exports in 2023.
Apr 09, 2024

Despite tough economic conditions, Europe provided a modest boost to Indian merchandise exports during the calendar year 2023, even as overall shipments from the country contracted.
Exports to Europe, comprising 27 European Union (EU) countries, four European Free Trade Association (EFTA) nations, and seven other countries, witnessed 2 per cent growth year-on-year (Y-o-Y) at $98 billion during 2023, while merchandise exports saw a 4.8 per cent contraction in the year.
    
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  • NCUI Building 3, Siri Institutional Area, August Kranti Marg, New Delhi - 110 016
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