India and Europe have emerged as important trade destinations for Australian exporters, with the former already becoming Australia's fastest-growing trade partner, a media report said on Wednesday.

India's consolidation and the re-emergence of Europe as a major trading partner are both featured in the latest DHL Export Barometer released on Tuesday, The Age newspaper said.

The barometer shows that 56 per cent exporters foresee an increase of orders next year from India, while 65 per cent of exporters predict an increase from Europe.

Austrade Chief Economist Tim Harcourt said Australia's exporters remained resilient despite the high value of the dollar and inflated fuel prices. 

"This is partly due to the health of the global economy and a renewed focus on Europe as an export market," Harcourt said.

DHL's barometer, which is based on a sample survey of 364 exporting firms, ties in with Treasury findings in last month's budget that showed the heightened importance of India to the Australian economy.

From a low base five years ago, India is now Australia's fastest-growing trade partner, it said.

Exports to India have grown at an annual rate of 27 per cent over the past five years.

DHL's strategic development group manager for Oceania, Paul Bellette said Australia's exports to India comprised different products from exports to China.