The head-on crash happened near Bad Aibling, a spa town about 60km (37 miles) south-east of Munich.
The transport minister said the trains had crashed into each other while both travelling at around 100km/h (62mph).
Emergency teams, some winched in by helicopter, worked for hours to free casualties from the wreckage.
What we know
- The accident occurred on a single-track route between Rosenheim and Holzkirchen at about 07:00 local time (06:00 GMT)
- Officials say they assume both train drivers had no visual contact before the crash as the site is on a bend - and therefore crashed into each other largely without braking
- The stretch of line had an automatic braking system designed to halt any train that passed a stop signal. It is not yet known why this failed to stop the crash
- Two of the three data recorders or "black boxes" on board the trains have been recovered
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