Germany International Trade

Germany has the fifth largest economy in the world, and the first in the Euro-Zone.Itsforeign address turnover is around 40% of its GDP, whichmakes its economy is exporting-oriented and the goods that need to be evented be mostly eaw materials and fuels. The acres has a really(prenominal) strong alliance with the main countries inthe wolrd, and because hte euro has went down, its place in the strongest economies map went up to the third place in exports.

The highest demand for commodities do in Germany is for automobiles. It is one of the worlds largest producers and exporters of automobiles. Since the country is in the European Union, its relationship with lots of countries became stronger.
Statistics show that in 2010 Germanys total value of export is US$1.337 trillion. Its primary exports be machinery, vechicles, textiles, foodstuffs, metals, chemicals, and manufactures. Its primary export partners are France, U.S. , Netherlands, U.K. , Italy, Ausitra, and China.
Germanys total value of imports is US$1.12 trillion. It mainly imports vechicles, machinery, foodstuffs, chemicals, metals, and textiles. Finally, its main import partners are the Netherlands, China, France, U.S. , ITaly, U.K. , Belgium, Austria, and Switzerland.





The countrys most important concern partners are the European Union and the United States. Since the integration of the EU, the intra-European good deal became more intensified.

Germany is super innovative. Four of the worlds ten most innovative companies are German. The country also contains almost 13% of the patent applications. The country is very nice for investing in because foreing firms are treated as with the national companies.

Some of the most respected German brands are: BMW, Porsche, Adidas-Salomon, SAP, Siemens, DalmerChrysler, and Volkswagen. Very important fact about the success of Germanys trade is that Made in Germany is a global seal of quality. To trading partners, this seal means innovation and...If you want to get a full essay, order it on our website: Orderessay



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