Germany’s exports to India
As of December 2010, Germany is India's fifth largest trading partner worldwide, and the largest trading partner within the European Union, with an impressive share of 21 per cent of the total trade between EU and India. In line with its reputation of being one of the world’s leading exporters, German exports to India grew to €8.2 billion, growing at a rate of over 12 per cent in 2008. In 2009, this figure fell by 1.2 per cent to reach €8.1 billion. However, in 2010 it again increased by 15.7 per cent to reach €9.3 billion.
The top three winners of German exports to India were machinery, chemical products and data processing, electronic and optical equipment sectors. With the value of €2.9 billion, machinery took the lion's share of 31 per cent in Germany's total exports to India. Chemical products with €1.2 billion took a share of 13 per cent, and data processing, electronic and optical equipment grew to €894 million. Exports of electric equipment stood at €818 million. Metals and vehicle parts were other important export items, with a value of €614 million and €534 million respectively.
Last Updated: Aug 2011
