751-Sabar Institute Of Management, Tajpur - Gujarat Technological ...

Closely linked to expectations of profitable cooperation in the high technology, IT, and
biotechnology sector is the realization that relations in the field of science and research have to
be strengthened and deepened. Science, research and technology cooperation is the centerpiece
of Indo-German relations that will shape future relations between the two countries. Thus, the
exchange of academics and students from both countries was given high priority and they both
pledged to support and fund respective programs.
Export of Germany
Commodities
Motor vehicles, machinery, chemical products, electrical devices and telecommunications
technology
Import of Germany
Commodities
• German’s principal merchandise imports are motor vehicles, chemical products,
machinery, oil and gas, computers
Germany’s main import partners are European Union countries (France, Netherlands, Italy, UK,
Belgium), United States and China
Overview Indian Exports to Germany- Trade relations between the two nations have increased
to a remarkable extent and have recorded a positive growth over the last couple of years. Figures
as of 2010, show that India is on 28th position on the list of sourcing countries for Germany and
is ranked 27th among the main destinations for German exports. Post to the global recession,
there has been an increase in the exports from India to Germany with the figures touching to
21.5% and the total exports amounting to Euro 6.2 billion.
German Exports to India: overview- The Indo-German trade volume has increased by 180%
from 2,7 Billion EUR in 1990 to 7,6 Billion EUR in 2005, with the German Exports to
India have been recorded to have increased by almost 135%. The total volume of the Indo-
German trade increased by 22% in 2005 with the amount of German Exports to India
increasing by 28% to record 4,2 Billion EUR. In the year 2006, the Indo-German trade increased
by 39% with the German Exports to India increasing by 52% to record 6,3 Billion EUR.
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