The effects of integration on European goods trade with India 1992-2024

Risto Herrala

No 7/2026, BOFIT Policy Briefs from Bank of Finland Institute for Emerging Economies (BOFIT)

Abstract: We study empirically the impact of European integration on goods trade with India. The estimation sample covers goods trade of 41 European countries during 1992- 2024, a transformative period when European integration deepened and India joined the ranks of the world's largest economies. Using standard estimation approaches we find only weak evidence that specific types of integration alone impacted the trade partnership. Instead, the degree of integration, measured by the types of integration in which a country engaged, shows a significant positive effect on goods trade with India.

Keywords: integration; external trade; Europe; India (search for similar items in EconPapers)
JEL-codes: C23 F02 F14 F15 (search for similar items in EconPapers)
Date: 2026
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