Who Is An Exporter Of Germany?

What is the main export of Germany?

The top 10 exports of Germany are vehicles, machinery, chemical goods, electronic products, electrical equipment, pharmaceuticals, transport equipment, basic metals, food products, and rubber and plastics.

Is Germany a net importer or exporter?

Note: negative net imports mean Germany exports more electricity than it imports from France, i.e. Germany is net exporter.

Who are Germany’s export partners?

In 2017, Germany major trading partner countries for exports were United States, France, China, United Kingdom and Netherlands and for imports they were China, Netherlands, France, United States and Italy.

What are two major exports of Germany?

The main German export product: motor vehicles Machinery (14.6%) and chemical products (9.3%) ranked second and third, respectively, among the most important export items.

Why is Germany so rich after ww2?

Germany was an industrialised Country before, so there where a lot of good trained workes coming back from captivity looking for work. Right after the war Germany was a Kind of low-cost Country (low wages) and so they produced high Quality products and sold them very well.

Why is Germany the strongest economy in Europe?

Germany’s solid economy, the world’s fourth largest and Europe’s largest, is based on exports of high-quality manufactured goods. Germany has come under fire from other European countries and the United States for its low level of defense spending and its construction of a second natural gas pipeline link with Russia.

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What is Germany famous for producing?

Germany’s principal industries include machine building, automobiles, electrical engineering and electronics, chemicals, and food processing. Automobile manufacturing is concentrated in Baden-Württemberg, Lower Saxony, Hessen, North Rhine–Westphalia, Bavaria, the Saarland, and Thuringia.

Why is Germany so economically successful?

The German economy has its great innovativeness and strong focus on exports to thank for its competitiveness and global networking. In high-selling sectors, such as car-making, mechanical and plant engineering, the chemicals industry and medical technology, exports account for well over half of total sales.

What products are made in Germany?

But you probably didn’t know these 10 things were also invented in Germany.

  • Hole punch. It was once the king of the office, but digital storage has somewhat dampened its reign.
  • MP3. It’s as invisible as it is ubiquitous.
  • Electric drill.
  • Fanta.
  • Coffee filter.
  • Adhesive tape.
  • Accordion.
  • Christmas tree.

Who is Germany’s biggest trade partner?

China remains the biggest trade partner of Germany for the fifth consecutive year, surpassing the Netherlands and the US. According to preliminary results, goods worth 212.1 billion euros ($258 billion) were traded between Germany and the People’s Republic of China in 2020.

Who is China’s biggest trade partner?

At $20.49 trillion, the United States boasts the largest economy in the world and is China’s largest trading partner. Last year, the total value of bilateral trade between the two countries was $737.1 billion, with U.S. imports from China valued at $557.9 billion and U.S. exports to China valued at $179.3 billion.

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