The signs point to expansion
When the German Minister for Economic Affairs Peter Altmaier met with Indian Foreign Minister Subrahmanyam Jaishankar in Berlin at the start of the year to discuss German-Indian trade and investment relations, Altmaier made it clear:
“Germany is India’s largest trading partner in the EU, and we want to continue to strengthen our relations in the future and expand them. German companies can for example contribute significantly to the realisation of numerous infrastructure projects in India.”
Germany’s trade with India
German imports from India in 2019*
as % of total imports
- Chemical products 22.4%
- Textiles/clothing 21.1%
- Machines 10.5%
- Other 46%
German exports to India in 2019*
as % of total exports
- Machines 28.5%
- Chemical products 17.6%
- Other vehicles 14.4%
- Other 39.5%
SOURCE: GERMANY TRADE AND INVEST 2020 | * PRELIMINARY FIGURES, ESTIMATION OR PREDICTION
Ports in India
Cargo handling at Indian Major Ports in financial year 2019
in million metric tonnes
1.
Deendayal (Kandla*)
2.
Paradip
3.
JL Nehru (JNPT, Nhava Sheva*)
4.
Visakhapatnam
5.
Mumbai
6.
Chennai
7.
Haldia Dock Complex
8.
New Mangalore
9.
Kamarajar (Ennore*)
10.
Chidambaranar
11.
Cochin
12.
Kolkata Dock System
13.
Mormugao
SOURCE: GERMANY TRADE AND INVEST 2020
New Delhi
India’s Capital
1,366.4 Mio.
Population 2019
(preliminary figures, estimation or prediction)
3,287,263 km²
Surface area
2,172 US-$
GDP/capita 2019
(preliminary figures, estimation or prediction)
Main exports in 2018
as % of total exports
- Chemical products 15.6%
- Petrochemicals 14.6%
- Textiles/clothing 10.7%
Main imports in 2018
as % of total exports
- Oil 22.6%
- Chemical products 12.0%
- Elektronic products 8.9%
Main supplier countries 2018/19**
Share as %
- 1. China 13.2%
- 2. USA 6.9%
- 3. United Arab Emirates 5.8%
Main buyer countries 2018/19**
Shares as %
- 1. USA 15.9%
- 2. United Arab Emirates 9.1%
- 3. China 5.1%
- 6. Germany 2.7%
SOURCE: GERMANY TRADE AND INVEST 2020
