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).
• Agriculture – 0.9%
• Industry manufacturing – 29.8%
• Services – 69.3%
Germany main exports by category:
• Machinery including computers
• Electrical equipment
• Optical and medical equipment
• Aircraft and spacecraft
• Articles of iron and steel
Germany main imports by category:
• Dataprocessing equipment
• Agricultural products
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