Statistical

Reports

Contents

1. Economic Trends

2. Trade Fairs under CGI Frankfurt

jurisdiction

3. Trade Enquiries

4. CGI Outreach and Monthly

Germany Economic Growth

Dear Ladies & Gentlemen,

The Consulate General of India Frankfurt, Germany, is pleased to share the Monthly Report on the Commercial trends &

activities of the Consulate in its jurisdiction for the Month of August 2019. The German states, Northrhine Westphalia,

Hesse, Rhineland Palatinate and Saarland fall under the jurisdiction of the Indian Consulate in Frankfurt. We hope you find

the information useful and request you to share it with your colleagues.

With best regards,

Pratibha Parkar

Significant Economic Trends between India & the four German States under the jurisdiction of Consulate General of India Frankfurt

The month of August saw a positive growth in terms of bilateral trade between India and Germany. The total volume of trade between India and Germany stood at €10,697,298 million in the period of January to June, as compared to €10,233,524 million in the same period in 2018.The percentage increase of Indian exports to Germany during this period increased by 8.10 % and the Indian Imports from Germany increased by 1.72%. The bilateral trade between India and the four German states falling under the jurisdiction of this mission, in the period January to June 2019 was significantly higher as compared to the corresponding month in 2018.The total trade in the four German states in the month of January to June 2019 is €2,057,582 million while that in same period in 2018 is €1,842,823 million.The total bilateral trade between North Rhine-Westphalia and India witnessed a decrease of -1,14% and stood at € 2.386,38million. The total bilateral trade between Hesse and India increased by 6.37 % and stood at € 685,12million. The total bilateral trade between Rhineland-Palatinate and India increased by 32,89% and stood at € 642,73million. The total bilateral trade between Saarland and India, recorded an increase of 0,78% in the period of January to June 2019 as compared to the same period in 2018 and remained at € 122,39million.

The four states falling under the jurisdiction of CGI accounted for around 35.86 % of total Indo-German trade in the period from January-June 2019 with the state of NRW being the one with the highest trade volume among all 16 German states.

COMMERCIAL

NEWSLETTER

September 2019

Trade Fairs

B2G meets

Interaction

with SMEs

Growth of German Economy : Harmonized consumer price fell 0.1% month-on-month in August, contrasting the 0.4% rise in July. The drop in the price level came on the back of cheaper furnishings and household equipment; transport; communication; and education. Meanwhile, prices for food and non-alcoholic beverages rose less strongly. Harmonized inflation edged down to 1.0% in August from 1.1% in July, while average harmonized inflation inched down from 1.8% in July to 1.7% in August. Lastly, consumer price inflation fell to 1.4% in August from 1.7% in the prior month and annual average consumer price inflation was stable at 1.7% for the third month running It is expected to see a harmonized inflation to average 1.5% in 2019, which is unchanged from last month’s forecast. For 2020, a harmonized inflation averaging 1.6%, is expected which is also unchanged from last month.

(Source: FocusEconomics,Destatis)

Spoga Horse / Spoga Gafa (Autumn) Cologne 01.09.-03.09.2019

ILM Summer Styles – International Leather Goods Fair Offenbach 07.09.-09.09.2019

IAA – International Motor Show Frankfurt 10.09.-22.09.2019

REHACARE – Trade Fair for Rehabilitation Düsseldorf 18.09.-21.09.2019

ANUGA – Food & Beverage Trade Fair Cologne 05.10.-09-10.2019

Frankfurt Book Fair Frankfurt 16.10.-20.10.2019

K – International Trade Fair for Plastics & Rubber Düsseldorf 16.10.-23.10.2019

A +A – International Trade Fair for Safety, Security & Health at

Work

Düsseldorf 05.11.-08.11.2019

MEDICA/COMPAMED Düsseldorf 18.11.-21.11.2019

CPHI Worldwide - International Trade Fair for Pharmaceutical

Ingredients

Frankfurt 05.11.-07.11.2019

India Leather Days Offenbach Nov-2019

Trade Fairs in CGI Jurisdiction

Trade Fairs Reports can be accessed under: https://www.cgifrankfurt.gov.in/pages.php?id=196

Commercial Outreach

We would be glad to receive your comments / suggessions on our Commercial Newsletter. Pls email us at com3.frankfurt@mea.gov.in

Consul General Ms. Pratibha Parkar inaugurating IMEXTrade Fair at Messe Frankfurt along with Head of Chancery Mr. Prem Singh Chauhan

Economic Minister Prof. Dr. Andreas Pinkwart and representatives of NRW Invest accompanied by Consul General Ms. Pratibha Parkar and Ms.Ruby Jaspreet, Consul (Commerce,Political)visited Tata Consultancy Services.Mr. Sapthagiri Chapalapalli Managing Director – Central Europe, and other senior members of TCS

Consul General Ms. Pratibha Parkar and Ms.Ruby Jaspreet, Consul (Commerce,Political) at Wipro as part of Economic Minister Prof. Dr. Andreas Pinkwart visit to Indian companies in NRW

The Consul General, Ms. Pratibha Parkar,Consul Commerce ,Press and Political Ms.Ruby Jaspreet visited Albonair GmbH a member of the multi national Indian Company Hinduja Group in Dortmund and met Dr. Georg Hüthwohl,Managing Director and his team.

Consul General Ms. Pratibha Parkar met Mr. Wulf-Christian Ehrich, Deputy Chief Executive. and the Chamber of Commerce and Industry(IHK-Dortmund)

Economic Minister Prof. Dr. Andreas Pinkwart and representatives of NRW Invest accompanied by Consul General Ms. Pratibha Parkar and Ms.Ruby Jaspreet, Consul (Commerce,Political) at Tech Mahindra with Country Manager Mr. Marcel Buchner and other representatives