German Exports

Today, the topic of my speech is “German exports”. In my speech I will throw lights on exports of the Germany that how much they export to different countries in the world. I will also discuss German export ratio for different countries of the world. In the present age, we listen every day that world export business is growing. The countries are making money by exporting their products to other countries at different prices. If we take a look we will find out that there are various biggest export countries in the world, and Germany is one of those countries. When German exports are analyzed with detail, it comes with so much data to talk about. Germany is one of the strongest economies in the Europe, and out of 146 countries of the world, the Germany is 3^rd largest economy in terms of exports. There are few major export industries, which have allowed Germany to become such a huge success on international level, and these exports includes cars, the parts of vehicles, planes, helicopters and packaged medicines. They have second highest positive trade balance in the world reaching at $280 billion.

In 2017, the value of overall good exports for Germany was $1.445 trillion. This amount was 7.8% more as compared to year 2016. In my speech, I would also like to share the information about those countries, where Germany exports its goods and services. In this list, United States is at top as Germany exports $113 billion to United States. The second highest exports destination for Germany is France with the amount of $99 billion. The other major export destinations for Germany include United Kingdom with $88.4 billion, China with $83.7 billion, Netherland with $72.3billion, Italy with $67.23 billion, Austria with $65.39 billion, and Switzerland with $55.34 billion. It is important to mention here that other than above mentioned export industries; Germany also exports goods such as electrical machinery, oil and mineral fuel, plastic, instruments as well as organic chemicals. I hope this information will be good enough to understand the overall highlights of German Exports. You are welcome to ask any questions regarding my speech.

Through the analysis of Germany export it is analyzed that these exports are increased by 2.2 percent EUR 105.2 billion

2018

EU grew

.2 percent

countries outside

3.5 percent

EUR 45.9 billion