Top 10 US exports | Dempsey Pulisic & Howard!
Germany 1 US delivered 339 trillion worth of goods worldwide in 2016, up 18 7 from 2009, when the Great Recession began and 0 8 2015-2016.
Germany's top 10 exports accounted for 70 5 of the aggregate value of its global shipments.
According to statistics of the International Monetary Fund World Economic Outlook Database, total German high Gross Domestic Product at 3 979000000000000 of November 2016 As a result, exports account for about a third of the total 33 7 of German economic output.
Continental perspective 6 65 German exports in value are delivered to other European countries while 18 5 are sold to Asian importers ships Germany 10 Other 6 is in North America with 2 worth going to customers in Africa.
Given the German population of 80 7 million people, the total of 1 339 trillion in 2016 exports translates roughly 16600 for all residents in the country.
The unemployment rate in Germany was 3 8 from January 2017 April 3 against a year earlier, according to the bargaining economy.
The following export product groups represent the highest dollar in German global shipments in 2016 also shows the percentage of each export category represents in terms of total German exports.
US Vehicles 251 9000000000 August 18th of total exports.
Machinery, including computers 224 6 billion on August 16.
Machinery, equipment 137 7 billion on March 10.
Optical, technical devices, medical 64 4 8 4 billion.
The vehicles represent the strongest growth among the major categories of export 10, up 54 5 for the 7-year period from 2009.
In second place for the improvement of export sales was the category of aircraft and spacecraft that won 44 3 value.
Optical, technical and medical device appreciated by 31, followed by the plastic category up to 26 3.
The slowest growing categories are most exported articles of iron or steel up to 1 2 and mineral fuels, including oil up to 1. 5
The following types of German goods shipments represent positive net exports and a surplus of trade balance Investopedia defines net exports as the value of total exports less the value of its total imports countries In short, net exports the amount by which foreign spending on the country of origin of goods or services exceeds or lags behind the country spending of foreign goods or services.
Overall, Germany posted a trade surplus equal to 284 4 billion in 2016, representing a slight increase of 50 1 189 of its over 5 billion in 2009.
Vehicles 139 US 1 billion Up 60 4 since 2009.
Machinery, including computers 88 to 0 6 8 billion.
Optical, technical devices, medical May 26 billion, up by 25 April.
Plastics, plastic articles 21 7 billion up 21 4.
Iron structures or 7 steel 5 billion down by 1 -27.
Machinery, equipment 7 2 billion down 8 -12.
Tan, dyes, paints, varnishes, inks 5 to 7 billion 0 9.
Germany has a very positive net exports in international trade of cars and auto parts in turn, these cash flows indicate the strong competitive advantages of Germany under the category of vehicles produced.
Here exports from Germany which result in negative net exports or deficits of product trade balance These negative net exports Reveal product categories where foreign spending on the country of origin of goods Germany TRAIL spending the German importer of foreign products.
Mineral fuels including oil -US $ 52 billion down by -37 4 since 2009.
Knit or crochet clothes, accessories - 9 1 billion up 20. 5
Clothing, not knit or crochet accessories - August 4 billion, up by 20 April.
Germany has very negative net exports and so deep international trade deficits for both crude oil and refined oil.
These cash deficiencies clearly indicate the competitive disadvantages of Germany on the international oil market, but also represent key opportunities for Germany to improve its position in the global economy through innovations focused on sources of alternative energy.
Fifty-two German companies rank among Forbes Global 2000 for 2015 Here is a sample of major German exporters.
Please note that the results shown above are in the code of the Harmonized System Tariff 2 digits.
Research Sources International Monetary Fund, global GDP Economic Outlook database based on the parity of purchasing power Accessed March 22, 2017.
The World Factbook, Country Profiles Central Intelligence Agency Accessed March 22, 2017.
Trade Map International Trade Center Accessed March 22, 2017.
Investopedia, net exports Definition Accessed on 22 March 2017.
Wikipedia, List of companies in Germany Accessed March 22, 2017.
Forbes Global 2000 2015 ranking public Biggest Companies in the world March 22, Accessed, 2017.
10 main exports from Germany, Germany, exports, Accessed March 2017, optical medical technology.