India / Germany

Overview In June 2024, India exported $855M and imported $1.36B from Germany, resulting in a negative trade balance of $509M. Between June 2023 and June 2024 the exports of India have increased by $47.1M (5.83%) from $808M to $855M, while imports decreased by $-102M (-6.94%) from $1.47B to $1.36B.

Trade In June 2024, the top exports of India to Germany were Electric Machinery And Equipme ($75.5M), Rmg Cotton Incl Accessories ($52.4M), Indl. Machnry For Dairy Etc ($39.6M), Products Of Iron And Steel ($37.3M), and Telecom Instruments ($31.3M). In June 2024 the top imports of India from Germany were Indl. Machnry For Dairy Etc ($197M), Medical And Scientific Instrum ($74.5M), Auto Components/Parts ($72.4M), Electronics Components ($66.1M), and Electric Machinery And Equipme ($66.1M).

Growth In June 2024, the increase in India's year-by-year exports to Germany was explained primarily by an increase in product exports in Electric Machinery And Equipme ($30.6M or 68.1%), Accumulators And Batteries ($6.57M or 14.2k%), and Agro Chemicals ($2.75M or 73.9%). In June 2024, the decrease in India's year-by-year imports  from Germany was explained primarily by an decrease in product imports  in Project Goods ($-52.9M or -88.2%), Electric Machinery And Equipme ($-20.5M or -23.6%), and Vegetable Oils ($-8.17M or -92.5%).