Indo-German bilateral trade is expected to touch five billion Euro this calender year with the growth in India's surplus trade with Germany.

With the strengthening of Euro currency against dollar recently, growth rate of India's exports to Germany was one per cent while imports from Germany rose by three per cent, Indo-German Export Promotion Project said.

The expected trade between the two sides of euro five billion will be a record figure as the growth looked impressive if 20 per cent revaluation of euro vis-a-vis dollar was taken into consideration during the year, it said adding this effect brings the export and imports growth and the whole trade volume between two countries measured in US dollar terms to at least 10 per cent, an IGEP statement said.

An estimated euro 2.5 billion bilateral trade was recorded during first nine months of this year while imports from Germany stood at euro 2.4 billion, it said.

However, the apex body IGEP said Indian exporters should quote in 'Euro' to get higher returns in future and modify their marketing strategies to sell more to Europe which will lead to Europe turning a stronger market for Indian goods.