International Trade in Germany

International Trade in Germany

Germany is Europe's primary economy. Over the last few years, its performance has not been dynamic due to the country's vulnerability to outside shocks, domestic structural problems and the permanent difficulties of integrating the formerly communist eastern part. Strongly hit by the... Read more

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Market Analyses About Germany (334)

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  • OneWorld Communications

    OneWorld Communications

    Advertising, Germany

    Welcome to OneWorld Communications. We are a full-service advertising agency in San Francisco California with international...
  • Universal Consensus

    Universal Consensus

    Cross-Cultural Training, Germany

    Universal Consensus is a global business advisory firm specilized in cross-cultural consulting whose mission is to help clients to...

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  • Copernicus International Consulting Ltd
    B2B Matchmaking events, Distributor Identification, FDI Generation Experts.From offices in 38 countries Copernicus has a proven track...
  • XL Group, Inc.

    XL Group, Inc.

    Sales Agents, Germany

    XL Group buys products from small & medium manufacturers and resells them overseas by partnering with importer / wholesalers and...

Overview About International Trade in Germany

Main Industry Sectors

The German agricultural sector contributes about 1% of the GDP and employs about 2,5% of the active population. The sector has greatly benefitted from State subsidies. Main agricultural products are milk, pork and livestock farming, sugar beet and cereals. Consumers prefer organic agriculture. The country is going through a process of deindustrialization of the food sector. 

The contribution of the industrial sector to the GDP has dropped from 51% in 1970 to about 29% today. However, the German economy still has some specialized sectors such as mechanical engineering, electric and electronic equipment, automotive and chemical products. The automotive industry is one of the country's largest industrial sectors, and is the world's 3rd exporter of cars. Nevertheless, the crisis has affected German industry, especially the automotive sector as well as equipment, with a decrease in orders and the implementation of partial unemployment plans.

The tertiary sector contributes about 70% to the GDP. The German economic model relies mainly on a dense network of SMEs; there are more than 3 million of them employing 70% of the salaried workers.


Economic Overview

Germany is E...

News Related to International Trade in Germany

  • Germany offers ?125m for Georgia??s electric transmission development - Apr 16, 2017

    Germany is supporting Georgia in expanding its power network and modernising the infrastructure by providing ?125 million in concession credit.


  • Ecommerce in Germany exceeds 100 billion euros for the first time - Apr 15, 2017

    In 2016, German consumers spent a record 105.6 billion euros online, which is an increase of 10% in comparison to 2015 according to the German consulting company Schickler.In comparison, the total retail industry in Germany was worth about 486 billion euros in the last year according to data from the Federal Statistical Office and the German Retail Federation. The study considered only private consumption, not purchases by companies. There was a growth in all Ecommerce sectors. The classical ecommerce sector of physical products bought online generated 52.5 billion euros in 2016, incrementing by 12% in comparison to 2015. It is expected to reach 57.7 billion euros this year, with a slightly lower increase of 10%. Physical services such as travel and photos amounted to 44.9 billion euro and 48.2 billion are projected for 2017. Compared to the physical products, digital products and services is a much smaller industry. Digital products like software, audio or e-books grew by 20% to 6.1 billion whereas digital services, including gambling, dating websites and e-learning for example, were worth 2.1 billion rising 5%. For 2017, an overall increase of 9% is predicted for all Ecommerce sectors in Germany. The market concentration is becoming increasingly intense as the ten companies with the highest turnover account for 40% of total turnover. The German Ecommerce market therefore corresponds to the Long Tail Model: Whereas the differences in turnover get increasingly larger in the first ranks, the online shops in the last ranks are very close together. In terms of social networks, Pinterest and Instagram already have a market share of 40%. However, the established social media tend to get saturated or are even declining. Facebook was used slightly more with 92.3%, but Twitter (71.2%), Google+ (67.4%) and YouTube (67.4%) were all used less by online shops than in the previous year. Sources: Ecommerce News; Federal Statistical Office Germany and EHI Retail Institute

    Source: eMarket Services

  • Germany plans new food tender "quotas" to grow organic sector - Apr 14, 2017

    Germany is set to step up moves to support the organics sector by calling for tender requirements for food supplies to public facilities to including "binding" quotas in favour of organic products.

    Source: Just Food