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 …
The EU is by far Turkey’s largest import and export partner. Within the EU, Germany has been one of Turkey’s most important trade partners and investors. In 2020 Turkey exported goods valued at USD 16.8 bn to Germany, and the top product was cars (USD 1.03 bn). What are the options when it comes to …
When doing business with foreign companies, it’s crucial to know their national holiday calendar. This way, not only will you express your respect toward their culture, but also avoid inconveniences that come with days off. It’s common for holidays to interfere with our business plan or create communication difficulties. To make this easier for you, …
South Korea is globally known for its export-oriented economy, which has developed rapidly since the Korean war. Thanks to export, it’s grown into one of the most significant economies in the world from a destroyed country. According to the World Trade Organisation’s data, South Korea places seventh among the largest exporters of goods. Its main …
As Germany is in the center of both Europe and the European Union, it is China’s key trading partner. For the last several years, China and Germany have maintained a strong trade relationship. In 2020, China was Germany’s most important trading partner, with total bilateral commerce valued at about 212 billion euro. Both countries emphasize …
Germany is the largest importer of products from the US in Europe, with 53 billion dollars in exports over the last twenty years. The two countries are very well-connected, and if you are interested in importing products, you need to get to know the process well. Here, you will find all the basics of shipping …
Every importer planning to establish cooperation with a German business partner should first get acquainted with Germany’s public holidays’ calendar. Holidays often cause difficulties in communication with partners and frequent delays in the delivery of goods. Some of them do not have fixed dates and are celebrated at a different time every year. Therefore, it …
Undoubtedly, the United Arab Emirates’s largest European trading partner is Germany, which accounts for almost 22 percent of all trade between Germany and the rest of the Arab world. The main export products of the UAE include oil and refined oil, gas from oil, diamonds, and gold. Apart from oil ports, the UAE also has …
Germany is a country that is on the New Silk Road route. Cooperation between Germany and China is considered prosperous. Germany was the first European country to start the expansion of goods to China. According to data from 2015, Germany was the most significant business partner of China in Europe, while for Germany, China is …