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 in the world. The currency is the Euro and the country is in time zone UTC+1 (CET) and UTC+2 (CEST).

Germany Economy

By sector:
• Agriculture – 0.9%
• Industry manufacturing – 29.8%
• Services – 69.3%

Germany Exports

Germany main exports by category:

• Machinery including computers
• Vehicles
• Electrical equipment
• Pharmaceuticals
• Optical and medical equipment
• Plastics
• Aircraft and spacecraft
• Minerals
• Articles of iron and steel
• Chemicals

Germany Imports

Germany main imports by category:

• Machinery
• Dataprocessing equipment
• Agricultural products
• Food
• Metals
• Chemicals
• Oil/gas
• Vehicles

Germany Trade Information

Germany’s main trade partners are United States, France, China, Netherlands, United Kingdom, Italy, Poland, Austria.

Germany is a 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

Germany Business Development

Ease of doing business ranking – 22nd in the world

International dialling code – +49

Main business domain – .de

Blackcat360 Germany business development potential – HIGH

By creating an account you are accepting our Terms & Conditions