Germany (DEU) and India (IND) Trade | OEC - The Observatory of Economic Complexity

About

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).

Latest Trends

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November, 2021

About

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Overview In November 2021 Germany exported €966M and imported €915M from India, resulting in a positive trade balance of €50.4M. Between November 2020 and November 2021 the exports of Germany have decreased by €-107M (-9.95%) from €1.07B to €966M, while imports increased by €90.9M (11%) from €824M to €915M.

Trade In November 2021, the top exports of Germany to India were Other machinery (€83.2M), Machinery for electricity production, distribution (€65.8M), Other prefabricated chemicals (€61.2M), Measuring and automatical control instruments (€52.3M), and Chassis, bodies, engines etc. for motor... (€41.7M). In November 2021 the top imports of Germany from India were Apparel of knitted or crocheted fabrics... (€57.1M), Other prefabricated chemicals (€49.3M), Chassis, bodies, engines etc. for motor... (€47.8M), Other textile products (€40.7M), and Basic pharmaceutical products (€39.8M).

Origins In November 2021 the exports of Germany were mainly from North Rhine-Westphalia (€212M), Baden-Württemberg (€165M), Bavaria (€163M), Hesse (€64.2M), and Rhineland-Pfalz (€48.9M), while imports destinations were mainly North Rhine-Westphalia (€260M), Baden-Württemberg (€138M), Bavaria (€131M), Hesse (€92.2M), and Lower Saxony (€91.4M).

Growth In November 2021, the decrease in Germany's year-by-year exports to India was explained primarily by an decrease in product exports in Aircraft (€-51.5M or -81%), Machinery for working rubber or plastic (€-20M or -90.8%), and Machinery for electricity production, distribution (€-15.4M or -20.8%). In November 2021, the increase in Germany's year-by-year imports from India was explained primarily by an increase in product imports in [object Object], [object Object], and [object Object].

Latest Trade

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Time Scale

Flow

Value

EXPORT GROWTH (November 2020 - November 2021): €-107M, (-9.95%)

IMPORT GROWTH (November 2020 - November 2021): €90.9M, (11%)

MAIN EXPORTER (November 2021): North Rhine-Westphalia, €212M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check India and Germany trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Compare to

Year

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

SectionYear

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

Year

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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Tariffs

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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

Service Trade

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Bilateral Service Trade

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Deu Year

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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Year

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.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Germany - India

Tariff Section

Tariffs

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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