By: Jes Baldeweg-Rau
Germany is a global trade superstar. Germany surpassed the U.S. to become the world’s leading exporter in Germany remained number one until Deutschland is the largest economy in the European Union and the fourth-largest in the world. Germany exported $1.17 trillion while China’s exports were $1.2 trillion
International Demand Germany is relatively poor in raw materials. Their products in high demand focus on engineering (automobiles, machinery, metals, and chemical goods.) Exports account for more than one-third of national output. German global brands are: Mercedes Benz, BMW, Volkswagen, Audi, Porsche (automobile), Adidas and Puma (clothing and footwear), T-Mobile (telecom) Germany was the world’s fourth largest producer and largest exporter of automobiles
European countries are the top exports for German goods. Exports to China and other emerging countries are growing at a faster pace. Germany imports were worth 72.8 Billion EUR in January of Germany exports were worth 85.9 Billion EUR in January of In recent years, traditional German exports like steel-making and textiles have shrunk significantly. International Demands continued
What rank is Germany’s economy among the world? Exports account for more than how much of Germany’s national output?
Fourth One-Third
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Deutsche Exporte sind in der ganzen Welt wollten.