StatsGuru: Tracking India's bilateral trade with Germany, Europe's powerhouse
)
<I>Click on graphic</I>
Germany, as Table 1 shows, has recovered from a dip in its economic growth and is now growing at just below two per cent - very respectable for a developed economy. Do the Indo-German bilateral relations, given a boost from Chancellor Angela Merkel's recent visit to India, reflect that country's economic powerhouse status? As Tables 2 and 3 show, exports and imports have both increased solidly since 10 years ago - albeit with a drop of late, at least in dollar terms.
However, as shown by Tables 4 and 5, as a percentage of India's total exports and imports, trade with Germany has in fact fallen over the past decade - indicating that there is considerable room for improvement. Table 6 shows Germany's top non-European trading partners, showing how far India has to go.
One issue may be that - as Tables 7 and 8 show - India's major exports to Germany have not changed vastly in composition over the past 10 years. Nor, for that matter, have India's imports from Germany - though German vehicles have entered the top five since 2005.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Oct 12 2015 | 12:06 AM IST
