germany

Germany

Kaushal
Kaushal Shah

Country Expert

Germany Statistics

Germany is the 2nd largest export economy in the world.
Germany is located in northern central Europe and covers an area of 356,750 km². Sharing its borders with nine other European countries (Austria, Belgium, Czech Republic, Denmark, France, Luxembourg, the Netherlands, Poland, and Switzerland), it is strategically positioned in the middle of one of the world’s most active trading zones.
From its position on the North Sea and the Baltic Sea in the north, Germany has easy access to the Nordic countries and the United Kingdom. Germany’s capital is Berlin which is the country’s largest city in terms of area and one of the most influential centres in European politics and culture.
in real terms. Germany is also one of the world’s top three exporters. Business culture in Germany is important.
Share of economic sectors in gross domestic product (GDP) in 2019 are 69.3% in services , 24.2% in Production Industry, 5% in Construction and 0.9% in Agriculture ,Forestry And Fish.
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GDP in billion euros
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Population (2019)
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Employment Rate in Germany
Import Of Germany:

Germany imported US$1.236 trillion worth of goods from around the globe in 2019.
Main Import Countries

Import-Of-Germany
Export Of Germany:

The world’s third-largest exporter after China and the United States, Germany shipped US$1.486 trillion worth of goods around the globe in 2019.
Main Export Countries

Major Sectors

Automotive Industry Pharma Industry Manufacturing Sector Chemical Industry Equipment Industry

Germany – The World’s Automotive Hub of Innovation
Germany is recognized the world over for its outstanding automotive industry and excellence in engineering. From Asia to the Americas, German cars embody highly cherished values of innovation, reliability, safety, and design. Germany is by some distance Europe’s leading production and sales market. The country’s world-class R&D infrastructure, complete industry value chain integration, and highly qualified workforce create an internationally peerless automotive environment. It enables companies to develop cutting- edge technologies, which perfectly address tomorrow’s mobility needs.More than 125 years after inventing the automobile, Germany remains the world’s automotive innovation hub.
German automobile companies are some of the most successful in the industry on an international scale. In fact, the Volkswagen Group topped a ranking of leading motor manufacturers based on global sales, with over 10.8 million units sold worldwide.

The sector will expand at a modest Compound Annual Growth Rate (CAGR) of 1.7% to reach an estimated $65 billion by 2020.With almost 400 biotech companies, Germany is one of the world's largest locations in this sector. In 2019, the estimated revenue of the industry was €104.0 billion. 9.5% of the revenue was generated by the subindustry "Manufacture of basic pharmaceutical products”. Germany counts among the world’s 5 pharmaceutical production location because of research and high grade products. Euro 5.8 billion are spend by Germany on R & D expenditure in 2019.

Manufacturing contributed 23.4 percent to gross value added in Germany in 2017. Turnover in the manufacturing companies amounted to 1,893 billion euros in 2017. The top sector was the automotive industry with 425 billion euros. 6.2 million employees worked in Germany in 2017 in 45,308 industrial enterprises with 20 or more employees. The manufacturing sectors invested 53.4 billion euros in research and development in 2016. The figure for the rest of the economy was 9.5 billion euros.

Chemical Industry is Third-largest industry in Germany.With a 2018 turnover of €203.0 billion, chemicals and pharmaceuticals are the third-largest industry in Germany, behind only automotive and machinery and equipment. In 2018 nearly 2,050 companies partly organized in 40 Chemical Parks employed 462,553 people. Sales in the industry rose by almost 4 percent to 203 billion Euro in 2018. 60 percent of total sales were generated with customers abroad. More than 60% of German chemical companies have research activities, and R&D spending exceeds €11 billion each year.

Germany’s Machinery and Equipment (M&E) sector is the world’s leading supplier of machinery with 16 percent share of global trade. German manufacturers are also the world leaders in 19 out of 31 M&E sectors in global comparison. The M&E sector is the second largest and most innovative industry sector in Germany. In 2018, mechanical and plant engineering was again the most important driver of German industry growth. Nominal turnover increased to EUR 226 billion – a new record that contributed considerably to the upturn in the German economy. The country retains its role as a globally competitive and flexible R&D test bed thanks to M&E innovative strength.
The fourth industrial revolution is already underway thanks to the country`s ambitions Industry 4.0 initiative. This landmark project is ushering in a new age of decentralized production that is transforming industry. Automation technology developments will consolidate Germany’s position as the lead provider and market for virtual systems and highly developed production systems.

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Associations and Chambers

German Chambers of Commerce

Association of the German Trade Fair Industry

German Association for the Pharmaceutical Industry.

Federation of German Wholesale and Foreign Trade

German Digital Industry Association

German Food Industry Association

Trade Fair Exhibition

Medica

Place: Düsseldorf, Germany
Date: 16 - 19 Nov 2020

Hannover Messe

Date : 12 - 16 Apr 2021
Place: Deutsche Messe AG, Hanover, Germany

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