Europe ¡ Country profile
Monaco
India-Monaco trade corridor: $4.9B bilateral trade, $3.5B FDI into India.
$4.9B
Trade with India
+15.4% YoY
$1.13T
GDP
Nominal
$3.5B
FDI into India
Cumulative
+$0.1B
Trade balance
India surplus
Top exports to Monaco
- IT hardware
- Refined petroleum
- Organic chemicals
Top imports from Monaco
- Edible oils
- Electronic components
- Chemicals
Trade corridor with India
2025: $4.9B ¡ 5-yr CAGR 14.0%
Goods trade in USD billion, illustrative demo figures.
Latest Monaco stories
Trade5h ago7 min read
India-Monaco bilateral trade hits a new quarterly high
FDI8h ago3 min read
Monaco investors commit fresh capital to Indian manufacturing
Policy11h ago4 min read
Revised tariff schedule for India-Monaco goods notified
Technology14h ago5 min read
India and Monaco deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 4% to 4% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 4 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Monaco Business Forum
Mar 2027 ¡ New Delhi
Delegation
Trade delegation to Monaco
Nov 2026 ¡ Monaco
Buyer meet
Monaco buyers-sellers meet
Dec 2026 ¡ Mumbai
Policy
Joint working group on market access
Feb 2027 ¡ Virtual
Opportunity sectors
đŠēS40Medical Devices & Healthtech12% projected demand growthđS45Pharmaceutical21% projected demand growthđī¸S50Semiconductors14% projected demand growthâī¸S55Steel22% projected demand growthđ§S60Water Resources & Management26% projected demand growthâī¸S05Atomic Energy28% projected demand growth