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India

Smart Importer India

India

India has been crucial for Germany in terms of importation in recent years.

Further, in 2017, India was the fourth fastest-growing economy in the world with 7.2%.

India is the 17th largest exporting country in the world and the 45th most complex economy according to the Economic Complexity Index (ECI). In 2017, India exported USD 292 billion and imported USD 417 billion, resulting in a negative trade balance of USD 125 billion. In that same year, India’s GDP was USD 2.6 billion and its per capita income was USD 7.06 thousand.

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