Bilateral trade and investments between India and Spain have been growing at a significant pace and there is a potential for both nations to deepen their cooperation in areas such as green energy and digital transformation, Spain’s Vice President Nadia Calviño told The Indian Express.
In 2022, Spanish exports to India were almost €1.7 billion and Indian exports to Spain touched €5.4 billion, the latest data showed. Spain is India’s sixth largest trading partner within the European Union. In terms of exports, India is the fourth largest destination country in Asia for Spain.