The European Union's ban on mango imports from India is unlikely to dent Asia's third-largest economy, analysts told CNBC, but it could create trade friction between the two economies.



The ban on mangos, along with aubergines, two types of squash and patra – a type of leaf used in Indian cooking – until the end of next year, came into force this week after consignments were found to be infested with fruit flies in 2013, the BBC reported Thursday.

Although European countries import a hefty number of the exotic fruit, with U.K. imports surmising £6.3 million ($10.64 million) annually, analysts said the overall impact on India's economy would be small.

Fresh fruits only account for around 0.2 percent of India's global exports – or $2.5 billion's worth. Mangos account for 5 percent of India's fresh fruit exports to the E.U.

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"I think I can say with a fair degree of certainty that this will have zero impact on India's economy on a macro level, it's a drop in the ocean," said Glenn Levine, economist at Moody's.



While the impact is likely to be marginal, other analysts told CNBC the ban has increased trade friction between India and the E.U., which could have negative implications down the road given that Europe is India's largest export market.

Total Indian exports to the E.U. surmise €38 billion ($52.68 billion) annually, of which 7.5 percent are agricultural products.

Indian officials have voiced their disapproval, with India's commerce and industry minister Anand Sharma warning this week that the "unfair" decision could "potentially jeopardize" the flourishing agriculture trade between India and Europe, India's Economic Times reported.

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