What Products Are In High Demand In Europe?

What are the products of Europe?

EU Top 100 Most Valuable Exported ProductsRankEU Export Product2019 Value (US$)1Cars$411,321,782,0002Medication mixes in dosage$259,315,575,0003Processed petroleum oils$199,168,970,0004Automobile parts/accessories$184,872,893,0006 more rows•Dec 25, 2020.

Which country is the largest importer of spices?

USAUSA was the largest world importer of spices in 2017, followed by Germany and Vietnam. India was the largest exporter of spices to USA, preceded by Vietnam. The top export of India to USA was crushed or ground pepper. Countries such as Germany and France largely imports Vanilla, followed by Pepper.

What products do we import from Europe?

Top U.S. Imports from the European Union in 2017 In 2017, United States’ largest export to the EU was aerospace products and parts at $39.5 billion. That was followed by computer and electronic parts, worth $33.6 billion, and pharmaceuticals and medicines worth $30.7 billion.

What does Europe export to Canada?

Machinery (25.6 % of EU exports to Canada and 24.3 % of its imports) Chemical and pharmaceutical products (16.2 % of EU exports and 9.1 % of its imports) transport equipment (15.6 % of EU exports and 7.0 % of its imports)

What does India export to Europe?

(a) In the year 2014, India’s total export of agricultural commodities to European Union was of the order of US $ 5078.90 million. India’s principal exports during this period were shrimp and prawns, molluscs, cashew nuts, grapes, coffee, rice, sesamum seed, castor oil, soya oil-cake, tobacco etc.

Which products were in high demand in European markets?

produced in India were had great demand. Cotton, silk, cardamom, cinnamon, pepper, clove etc.

What does Europe import the most?

In 2019, the top 5 EU import products were computer, electronic and optical products, crude petroleum and natural gas (both 13 % of total imports), chemicals & chemical products (7 %), machinery & equipment and motor vehicles, trailers and semi-trailers (both 6 %).

Which Indian products are in demand in Europe?

Now India can also export this kind of products to the European Union….This is a great export opportunity for Indians.Garment and textile. … Clothes and footwear. … 4. Fruits. … Rice. … Spices and herbs. … Mustard and mustard oil. … Peanuts and nuts. … Vegetables.More items…•

Which Indian spices were in great demand in Europe?

The fine qualities of cotton and silk produced in India had a big market in Europe. Indian spices like pepper, cloves, cardamom and cinnamon too were in great demand. Hence, European trading companies were attracted to India.

Which spices has a great demand in Europe?

From a product perspective, ginger, uncrushed pepper, dried capsicum/pimenta, curcuma, cinnamon and cloves have the most potential. These spices are thought to contribute to a healthy lifestyle and these imports will therefore continue to grow in the years ahead.

Why were spices in great demand in Europe?

During the Middle Ages, spices were as valuable in Europe as gold and gems and the single most important force driving the world’s economy. The lack of refrigeration and poor standards of hygiene meant that food often spoiled quickly and spices were in great demand to mask the flavour of food that was far from fresh.

Which country imports spices from India?

Export Highlights Top 10 importers of Indian spices in 2018-19 were the US, China, Vietnam, Hong Kong, Bangladesh, Thailand, UK, UAE, Malaysia and Sri Lanka.