Flag Germany / India Flag

2020
FlagFlag
Exports
: $12.1B, Rnk 23 / 220

2020
FlagFlag
Top Product
: $2.45B, Planes, Helicopters, and/or Spacecraft

2020
FlagFlag
Exports
: $8.8B, Rnk 5 / 218

2020
FlagFlag
Top Product
: $392M, Gas Turbines

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

2020
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Economic Complexity (ECI)
: ECI 0.56, Rnk 40 / 127

2020
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GDP
: $3.85T, CURRENT US$
Rnk 4 / 195

2010-2020
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GDP GROWTH
: 13.3%, CURRENT US$
Rnk 133 / 195

2020
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 GDP
: $2.66T, CURRENT US$
Rnk 6 / 195

2010-2020
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GDP GROWTH
: 58.8%, CURRENT US$
Rnk 46 / 195

2020
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GDP PC 
: $46,208, CURRENT US$
Rnk 19 / 195

2010-2020
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GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 107 / 195

2020
Flag
GDP PC
: $1,928, CURRENT US$
Rnk 150 / 195

2010-2020
Flag
GDP PC GROWTH
: 42%, CURRENT US$
Rnk 38 / 195

Germany-India In 2020, Germany exported $12.1B to India. The main products that Germany exported to India are Planes, Helicopters, and/or Spacecraft ($2.45B), Vehicle Parts ($268M), and Machinery Having Individual Functions ($259M). During the last 25 years the exports of Germany to India have increased at an annualized rate of 5.67%, from $3.05B in 1995 to $12.1B in 2020.

In 2018, Germany exported services to India worth $3.24B, with Transportation ($1.51B), Computer and information services ($888M), and Other business services ($542M) being the largest in terms of value.

India-Germany In 2020, India exported $8.8B to Germany . The main products that India exported to Germany were Gas Turbines ($392M), Packaged Medicaments ($391M), and Broadcasting Equipment ($293M). During the last 25 years the exports of India to Germany have increased at an annualized rate of 5.5%, from $2.31B in 1995 to $8.8B in 2020.

In 2020, India did not export any services to Germany.

Comparison In 2020,  Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.56), and 18 in total exports ($284B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2020, Germany exported $12.1B to India. The main products exported from Germany to India were Planes, Helicopters, and/or Spacecraft ($2.45B), Vehicle Parts ($268M), and Machinery Having Individual Functions ($259M). During the last 25 years the exports of Germany to India have increased at an annualized rate of 5.67%, from $3.05B in 1995 to $12.1B in 2020.

In 2020, India exported $8.8B to Germany. The main products exported from India to Germany were Gas Turbines ($392M), Packaged Medicaments ($391M), and Broadcasting Equipment ($293M). During the last 25 years the exports of India to Germany have increased at an annualized rate of 5.5%, from $2.31B in 1995 to $8.8B in 2020.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $116B

India
Top Destination
: United States, $49.7B

This map shows whether countries import more from Germany or India. Each country is colored based on the difference in imports they receive from Germany and India or the difference in the growth in imports.

In 2019, countries that imported more from Germany than India were France ($101B), China ($106B), and Netherlands ($84.8B).

In 2019, countries that imported more from India than Germany were United Arab Emirates ($18.1B), Bangladesh ($7.91B), and Nepal ($5.85B).

Comparative Advantage Germany - India

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Flow

This chart compares trade between Germany and India by product, considering products traded by both, Germany and India.

During 2020, Germany had a large net trade with India in the exports of Machines ($4.1B), Transportation ($2.9B), and Chemical Products ($1.81B).

During 2020, India had a large net trade with Germany in the exports of Machines ($2.05B), Chemical Products ($1.67B), and Textiles ($1.49B).

Tariff Section

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This section shows import tariffs for products traded between Germany and India (using the HS6 product classification and the last year reported).

In 2019, the products from Germany that paid the highest import tariffs to enter India were Vermouth and other flavoured grape wines - pack > 2l (72.3k%)and Sugar beet (168%).

In 2019, the products from India that paid the highest import tariffs to enter Germany were Food preparations nes (150%)and Grape wines, sparkling (150%).

*The tariffs present between Germany and India are:
122: EU preferential tariff for sugar producing countries
123: European Union Generalized System of Preference
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
239: Preferential tariff for India
239: Preferential tariff for India

Bilateral Service Trade

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In 2018, Germany exported services to India worth $3.24B, with Transportation ($1.51B), Computer and information services ($888M), and Other business services ($542M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over India. Similarly, the more red a dot/product is, the more India has comparative advantage over Germany.