Germany’s Top Trading Partners in 2008
Which countries are the top trading partners of Germany in 2008?
For USA, the top trading partners are her neighbor Canada and Mexico. Germany is the largest economy in Europe and is a manufacturing powerhouse in many industries. Any European economic recovery is heavily dependent of the growth of Germany economy.
Similar to the US, Germany’s top trading partners are nearby countries. For Imports, the top three countries are the Netherlands, France and China.The top three countries for Germany’s exports are France, USA and the UK in 2008.
Source: Federal Statistic Office, Germany
China does not appear in the top 10 countries importing German goods. Last year Germany imported goods worth 59B Euros from China. Holland was the top country for sourcing goods and services with a total of 72B Euros.
France was the top destination for German exports with a net total of 97B Euros followed by US at 71B Euros.
From the Stats Office release:
“About three quarters of exports of goods “made in Germany” were shipped to European countries. 64% of all goods were delivered to the member states of the European Union. The second important sales market for German goods in 2008 was Asia with a share of about 12%, followed by America, with a share of approximately 10%. Africa and Australia / Oceania only accounted for small percentages of German exports (2% and 1%, respectively).
The majority of German imports also came from Europe (72%), followed by Asia (16%) and America (9%). Goods from Africa and Australia / Oceania played just a subordinate role in imports too (3% and 0.4%, respectively).”
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