The bilateral trade volume in calendar year 2011 is estimated to have stood at €18.4 billion, up from €15.5 billion in 2010, thereby registering a staggering growth of 18.7%. The growth in bilateral exports and imports outperformed the overall growth in Germany’s trade with the rest of the world. While Germany’s exports to India grew by 17.1% on yearly basis and stood at €10.87 billion, the imports grew by 20.2% reaching €7.5 billion.

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