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2022
Flag → Flag
Exports $12.4BRnk 6 / 217
2022
Flag → Flag
Top Product $476MBroadcasting Equipment
2022
Flag → Flag
Exports $15.5BRnk 22 / 223
2022
Flag → Flag
Top Product $1.99BPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

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.

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.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $901M and imported $1.62B from Germany, resulting in a negative trade balance of $714M. Between August 2023 and August 2024 the exports of India have increased by $70.9M (8.54%) from $830M to $901M, while imports increased by $173M (12%) from $1.44B to $1.62B.

Trade In August 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 August 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 August 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 August 2024, the increase in India's year-by-year imports  from Germany was explained primarily by an increase in product imports  in Motor Vehicle/Cars ($42.6M or 1.7k%), Other Misc. Engineering Items ($28.1M or 77.7%), and Medical And Scientific Instrum ($25.2M or 51.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$70.9M(8.54%)
IMPORT GROWTH (August 2023 - August 2024)$173M(12%)

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

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

For full datasets download visit Bulk Download page.

Explore Germany and India Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $12.4B to Germany. The main products exported from India to Germany were Broadcasting Equipment ($476M), Motor vehicles; parts and accessories (8701 to 8705) ($384M), and Transmissions ($303M). During the last 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 2017, Germany exported $15.5B to India. The main products exported from Germany 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). During the last 5 years the exports of Germany to India have increased at an annualized rate of 5.08%, from $12.1B in 2022 to $15.5B in 2017.

Exports from India (Flag) to Germany (Flag) (2022)

Exports from Germany (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Germany
Top DestinationUnited States$153B

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

In 2022, countries that imported more from India than Germany included United Arab Emirates ($31.6B), Bangladesh ($13.8B), and Nepal ($8.66B).

In 2022, countries that imported more from Germany than India included France ($120B), China ($109B), and Netherlands ($109B).

Difference in imports from Germany (Flag) and India (Flag) (2022)

Comparative Advantage India - Germany

Flow
Scale

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

During 2022, India had a large net trade with Germany in the exports of Machines ($2.96B), Chemical Products ($2.12B), and Textiles ($1.86B).

During 2017, Germany had a large net trade with India in the exports of Machines ($6.06B), Transportation ($2.7B), and Chemical Products ($1.87B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Germany+$430MPackaged Medicaments
Top Product Potential Germany India+$386MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

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.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to India (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of India and Germany. This means that a dot/product with the flag of India indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over India.

Product Space of India (Flag) and Germany (Flag) (2022)

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