Taiwan’s economy underwent enormous development in the last two decades of the 20th century. Since then, Taiwan’s export, which makes up 70% of the country’s GDP, has led Taiwan to become the world’s 16th largest exporter of goods. One of Taiwan’s leading EU trading partners is Germany, where $8.78B worth of goods were exported last …
The EU-Vietnam Free Trade Agreement (EVFTA) between Vietnam and the European Union officially came into effect on August 1, 2020. Under this agreement, Vietnam and EU countries use preferential tariffs on a wide range of goods. According to the United Nations COMTRADE database on international trade, Vietnam’s exports to Germany amounted to US$7.29 billion in …
Germany is Japan’s 5th largest trading partner. As part of the European Union, Germany is also free from many tariffs when it comes to cargo from and to Japan due to the FTA agreement signed between the EU and Japan. Moreover, both countries are members of G7, strengthening their trading relations. Japan and Germany specialize …
In the last fifty years, the Malaysian trade structure underwent huge changes. In 1970 Malaysia exported primarily raw materials such as rubber and tin. However, thanks to economic reforms, Malaysia is now one of the fastest-growing economies in Southeast Asia. Therefore, its trade relations with Germany – one of the leading European economies – are …
A new Germany-Taiwan connection has been established. It connects Europe, mainland China, and Taiwan by rail and sea freight. How long does it take to ship from Germany to Taiwan by this intermodal route? Germany-Taiwan shipping route Germany-Taiwan shipping route is a new rail-sea multimodal route connecting Taiwan, Wuhan, and Duisburg. It was officially opened …
In 2020, Indonesia was the 26th biggest exporter. The main export products are palm oil, coal briquettes, gold, and petroleum gas. Germany imports large amounts of petroleum oil and petroleum gas. Therefore, the trade relations between Indonesia and Germany are essential for both countries. In this article, we discuss shipping from Indonesia to Germany. Shipping from Indonesia …
In recent years, India has been rising among developing countries. As one of the fastest developing and newly industrialized countries, India was the 18th biggest exporter. Germany is one of the largest trade partners with India, with total exports reaching $8.8 billion in 2020. In terms of shipping from India to Germany, there are two …
Canada and Germany enjoy a close and friendly partnership. Germany, the largest EU economy and the fourth largest in the world, is a key economic partner for Canada. It is Canada’s largest export market in the EU and its fifth-largest trading partner globally. Germany’s top exports to Canada include vehicles, machinery, pharmaceutical, and optical products. …
Germany is at the center of European trade, so its political relationship with the US is strong. Germany is the US’s third closest bilateral trading partner for the number of shipped goods. In 2019, Germany exported about $96.7 billion to the US and imported $162.9 billion. The top export goods are vehicles, pharmaceuticals, industrial machinery, …
The United Arab Emirates and Germany have strong diplomatic and trade relations, which started in April 2004. The United Arab Emirates is Germany’s biggest trading region in the MENA region (the Middle East and North Africa). In 2020, the UAE exported products worth $1.11B to Germany, the biggest exports being raw aluminum, aircraft parts, spark-ignition …