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 (326)

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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...

Business Tips About Germany (107)

Agents and Distributors in Germany (70)

  • 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...
  • TRADUM UG

    TRADUM UG

    Sales Agents, Germany

    nearly two decades of experience in international Sales, Marketing, Business Development, Strategy, Operations in Telecom, IT, eBusiness,...

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...

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