Germany-India Trade: In 2022, Germany exported $15.5B to India. The main products that Germany exported to India were Planes, Helicopters, and/or Spacecraft ($1.99B), Motor vehicles; parts and accessories (8701 to 8705) ($457M), and Machinery Having Individual Functions ($416M). Over the past 5 years the exports of Germany to India have increased at an annualized rate of 5.08%, from $12.1B in 2017 to $15.5B in 2022.
In 2020, Germany exported services to India worth $2.77B, with Transportation ($1.12B), Computer and information services ($689M), and Other business services ($488M) being the largest in terms of value.
India-Germany Trade: In 2022, India exported $12.4B to Germany. The main products that India exported to Germany were Broadcasting Equipment ($476M), Motor vehicles; parts and accessories (8701 to 8705) ($384M), and Transmissions ($303M). Over the past 5 years the exports of India to Germany have increased at an annualized rate of 6.42%, from $9.09B in 2017 to $12.4B in 2022.
In 2022, India did not export any services to Germany.
Comparison: In 2022, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).