Germany-India Trade: In 2023, Germany exported $17.7B to India. The main products that Germany exported to India were Planes, Helicopters, and/or Spacecraft ($2.47B), Machinery Having Individual Functions ($644M), and Motor vehicles; parts and accessories (8701 to 8705) ($596M). Over the past 5 years the exports of Germany to India have increased at an annualized rate of 3.73%, from $14.7B in 2018 to $17.7B in 2023.
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 2023, India exported $15B to Germany. The main products that India exported to Germany were Refined Petroleum ($831M), Broadcasting Equipment ($589M), and Motor vehicles; parts and accessories (8701 to 8705) ($584M). Over the past 5 years the exports of India to Germany have increased at an annualized rate of 7.31%, from $10.5B in 2018 to $15B in 2023.
In 2023, India did not export any services to Germany.
Comparison: In 2023, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).