Germany imports and exports – essential information
Germany imports and exports – General information
Germany imports and exports, let’s start with some basic but key information. Germany has the fourth largest economy in the world and the country has a population of approximately 83 million. The primary language of the country is German. Nominal gross domestic product (GDP) was $3.86 trillion in 2019 with a per capita income of $46,600, the per capita income is the 16th highest inthe world. The currency is the Euro and the country is in time zone UTC+1 (CET) and UTC+2 (CEST).
Check out our tips on exporting more to Germany later in this article.
Some detailed information about German culture, history and traditions can be found here:
Germany imports and exports – Economy
By sector:
Agrıculture – 0.9%
İndustry manufacturing – 29.8%
Services – 69.3%
Germany imports
Germany imports and exports – Main categories
Germany main exports by category:
- Machinery including computers
- Vehicles
- Electrical equipment
- Pharmaceuticals
- Optical and medical equipment
- Plastics
- Aircraft and spacecraft
- Minerals
- Artciles of iron and steel
- Chemicals
Germany main imports by category:
- Machinery
- Dataprocessing equipment
- Agricultural products
- Food
- Metals
- Chemicals
- Oil/gas
- Vehicles
Germany imports and exports – Trade information
Germanys main trade partners are United States, France, China, Netherlands, United Kingdom, Italy, Poland, Austria.
Germany is am member of the EU, GATT and the WTO.
Trade Volumes for 2019 were:
Total value of exports – 1,330 billion Euro
Total value of imports – 1,100 billion Euro
Tips on exporting more to Germany:
- Required Documentation: Goods brought into the European Union customs territory are, from the time of their entry, subject to customs supervision until customs formalities are completed. Such goods are covered by a Summary Declaration, which is filed once the items have been presented to customs officials. The customs authorities may, however, allow a period for completing the Summary Declaration, which cannot be extended beyond the first working day following the day on which the goods are presented to customs. The Summary Declaration is completed by the person who brought the goods into the customs territory of the European Union, by any person who assumes responsibility for carriage of the goods following such entry, or the person in whose name the person referred to above acted.
- Other documentation: special requirements are in place for the following good; batteries, chemicals, waste electrical and electronic goods, cosmetics.
- Agricultural imports require phytosanitary and sanitary certificates
- Germany is one of the largest importers of food and agricultural products in the world. So if you are a producer then the German market is worthy of serious consideration.
- Major German trade shows include; Heimtextil, ITB Berlin, IFA Berlin, Intersolar Europe, Ambiente, Frankfurt, CEBIT Hannover, ISM Cologne, Electronica Germany.
German imports and exports –Â Business development
Ease of doing business ranking – 22nd in the world
International dialling code – +49
Main business domain – .de
Blackcat360.com business development opportunities
Blackcat360.com provides some very valuable resources that businesses around the world can use to access the German and other markets. This includes articles providing expert advice on effective marketing to build export sales:
Export sales – new ideas & tips
Global trade latest news round up
7 Quick tips for successful exports
Exports who buys what and where – essential
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Germany imports and exports
