 "StatsGuru: Tracking India's bilateral trade with Germany, Europe's powerhouse")
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.
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.