Market Brief on Germany
February 2017
Germany is the 3rd largest export economy in the world
and the 3rd most complex economy according to the
Economic Complexity Index (ECI). In 2015, Germany
exported $1.24T and imported $989B, resulting in a
positive trade balance of $252B. In 2015 the GDP of
Germany was $3.36T and its GDP per capita was $48k.
Source: http://atlas.media.mit.edu/en/
City
Berlin
Hamburg
München
Köln
Frankfurt
Essen
Dortmund
Stuttgart
Düsseldorf
Bremen
Population
3,275,000
1,686,100
1,185,400
965,300
648,000
588,800
587,600
581,100
568,900
527,900
Total Population
(2016)
80,636,124
Area
357,376 km²
Time Zone
UTC+1.00
Capital City
Berlin
International
Telephone Code
Currency
+49
Exchange Rate
(01/03/2017)
0.9254 EUR/1 USD
GDP
(2015)
3363.45 billion US
dollars
GDP per capita
(2015)
GDP Growth Rate
(Apr 2016)
Ease of Doing
Business (World
Bank 2017)
Inflation Rate (Feb
Feb 2017)
Official
Language(s)
Business Hours
45408.31 USD
Banking Hours
9:00am - 5:00pm
Literacy Rate
99%
Measures
Metric System
Important
International
Participation
IMF, WHO, WTO, UN,
UNESCO, EU
Source: Wikipedia
Source: Wikipedia
Euro
0.4%
17/190
2.40%
German
09:00 - 18:00
SRI LANKA EXPORT DEVELOPMENT BOARD©
MARKET BRIEF ON GERMANY 2017
2
Germany Trade with the World (2012-2016)
1,600,000
1,400,000
US $ Million
1,200,000
1,000,000
800,000
600,000
400,000
200,000
0
2012
2013
2014
Exported
2015
2016
Imported
US $ Million
2012
2013
2014
2015
2016
Exported
1,410,130
1,450,951
1,498,158
1,328,549
1,339,205
imported
1,161,213
1,187,315
1,214,956
1,057,616
1,054,788
Source: Trade Map
Major Import Sources of
Germany 2016
Others
38%
Major Export Destinations of
Germany 2016
Netherlands
13%
China
7%
Switzerland
4%
United
States of
America
5%
Austria
4%
France
7%
United
States of
America
9%
Belgium
6%
Italy
6%
Czech
Republic
5%
Others
41%
Poland
5%
Belgium
4%
Switzerlan Poland
d
5%
4%
France
8%
United
Kingdom
7%
China
6%
Netherlan
ds
6%
Italy
5%
Austria
5%
SRI LANKA EXPORT DEVELOPMENT BOARD©
MARKET BRIEF ON GERMANY 2017
3
Major Import Products of Germany
2016
Commodities
not
elsewhere
specified
9%
Cars
Medicaments
5%
, packaged
2%
Parts and
accessories
of the motor
vehicles
3%
Vaccines
and related
2%
Aircraft,
spacecraft &
launch
vehicles
3%
Aircraft,
spacecraft &
launch
vehicles
1%
Others
67%
Machinery
related to
construction
& materials
1%
Telephones
1%
Switches,
fuses &
related
circuit
protection
1%
Sri Lanka- Germany Trade (2012-2016)
600
US $ Million
500
400
300
200
100
0
2012
2013
Export
Parts and
accessories
of the
motor
vehicles
4%
Medicament
s, packaged
4%
Petroleum
oils, crude
3%
Petroleum
oils, refined
2%
Automatic
data
processing
machines
2%
Others
69%
Commoditie
s not
elsewhere
specified
5%
Cars
11%
Telephones
2%
Vaccines and
related
2%
Major Export Products of
Germany 2016
2014
Import
2015
Trade balance
2016
Parts
suitable for
use with
sparkignition
engines
1%
SRI LANKA EXPORT DEVELOPMENT BOARD©
MARKET BRIEF ON GERMANY 2017
4
US $ Million
2012
2013
2014
2015
2016
Exports to Germany
452
467
497
475
506
Imports to SL
318
385
327
346
435
Trade balance
134
82
170
129
71
Source: Trade map
Sri Lankan products with export potential to Germany
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Brassieres and parts thereof, not knit
Women's undergarments
Women's suits, not knit
T-shirts
Women's suits
Men's suits, not knit
Men's shirts, not knit
Tea
Gloves, mittens and mitts
Sweaters, pullovers, sweatshirts, etc
Petroleum oils, refined
Babies' garments and clothing accessories
New pneumatic tires, of rubber
Men's undergarments
Articles of apparel of rubber
Solid or retreaded tires of rubber
Women's shirts, not knit
Pepper, whole
Diamonds
Active wear
Coconut oil crude
Coconuts, Brazil nuts and cashew nuts
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Precious stones
Men's suits
Other articles of rubber
Other nuts
Men's shirts
Activated carbon
Cruise ships, similar vessels
Fruit, nuts and edible plants preserved with
sugar
Parts of footwear
Frozen fish, excluding fillets
Preparations of a kind used in animal
feeding
#N/A
Insulated wire; optical fiber cables
Packing of goods
Aircraft, spacecraft & launch vehicles
Women's undergarments, not knit
Parts for use with hoists and excavation
machinery
Cigarettes
SRI LANKA EXPORT DEVELOPMENT BOARD©
MARKET BRIEF ON GERMANY 2017
5
Sri Lanka’s Imports from
Germany (2016)
Paper &
Paper
Products
4%
Other of
Other Export
Crops nes
1%
Non Metallic
Mineral
Products
1%
Food, Feed,
Beverages &
Tobacco
5%
Base Metal
Products
6%
Woven
Fabrics
2%
Sri Lanka’s Exports to
Germany (2016)
Others
2%
Electrical &
Electronic
Products,
Parts &
Machinery
52%
Other Textile
Articles nes
1%
Tea
Packets
2%
Spices
3%
Leather
Products
3%
Other
Manufactu
res
3%
Others
9%
Coconut
Kernel
Products
5%
Electrical &
Electronic
Products,
Parts &
Machinery
10%
Tea in Bulk
3%
Other
Manufactures
8%
Chemicals &
Plastic
Products
18%
Food,
Feed,
Beverages
& Tobacco
4%
Trade Fairs/Solo Exhibitions and Trade Missions
Exibition
Category
Date
Werkstatten Messe
Agriculture & Forestry, Apparel
& Clothing Food & Beverage
29 Mar-01 Apr
2017
Apparel & Clothing, Cosmetics
and Beauty Products ,Gifts &
Handicrafts
01-02 Apr 2017
Auto Shows
31 Mar-02 Apr
2017
Top Hair International
Auto Trends
Apparel
39%
Rubber
Finished
Products
19%
MARKET BRIEF ON GERMANY 2017
SRI LANKA EXPORT DEVELOPMENT BOARD©
6
Make-up Artist Design
Show
Stoff & Toch Markt
Essen
National Exhibition For
Health And Vitality In
Real Life 50
Apparel & Clothing ,Cosmetics
and Beauty Products ,Gems &
Jewelry
Apparel & Clothing ,Business
Services Textile, Fabrics &
Yarns
Ayurvedic & Herbal Medical &
Pharmaceutical
Source: http://10times.com
Useful Addresses
Sri Lankan Embassy in Berlin, Germany
Niklasstrasse 19
14163 Berlin
Germany
TELEPHONE
(+49) 30 809 097 49
German Embassy in Sri lanka
Address: Alfred House Ave, Colombo, Sri Lanka
Phone: +94 11 2 580431
Source: https://www.embassypages.com/
01-02 Apr 201
2-Apr-17
07-09 Apr 2017