India is one of the oldest countries and cultures of the world. The economic relations between Europe and the
subcontinent also stretch over a long history.
Indian spices such as cloves, nutmeg and cinnamon had an enormous value in Europe until the early modern history. Today,
the most traded export goods are textiles, clothing, cut and processed gemstones, chemicals, petroleum products, leather
goods and software products. India mainly imports crude oil, electronic devices, gems, machinery, precious metal,
chemicals and fertilizer.
The subcontinent will continue to play an important role long into the future with its enourmous potential for
Europe‘s economy.
