Market Brief on Germany

Transcription

1 Market Brief on Germany Jan 2018 Location Facts and Figures Total Population Area Time Zone Capital City International Telephone Code Currency Exchange Rate (02/02/18) GDP 81,4 million 357,168sq km UTC+1:00 Berlin +49 Euro 1 EUR = US$ US$ 3,618.6 billion The Federal Republic of Germany is in central Europe. This country is bordered by Netherlands in northwest, Belgium, Luxembourg and France in the west and southwest, Denmark in the north, Czech Republic and Poland in the east and Switzerland and Austria in the south and southeast. The country also shares its coastline with Baltic Sea in the north and North Sea in the northwest. Cities and Population City Population Berlin 3,426,354 Hamburg 1,739,117 Munich 1,260,391 Cologne 963,395 Frankfurt am Main 650,000 Essen 593,085 Stuttgart 589,793 Dortmund 588,462 Dusseldorf 573,057 Bremen 546,501 GDP per capita GDP Growth Rate Ease of Doing Business (World Bank 2017 Report) Inflation Rate Official Language(s) Languages Business Hours US$ 43, / German Danish, Frisian, Sorbian, and Romany 0800 hrs-1700 hrs Lunch hrs Banking Hours hrs (Weekdays) (Sat) Literacy Rate 99.8% Measures Important International Participation Metric System EU, AfDB, UN, WTO, G- 20, Schengen Convention

2 Na US$'000 Germany Trade with the world 1,600,000,000 1,400,000,000 1,200,000,000 1,000,000, ,000, ,000, ,000, ,000, Exports (US$'000) 1,410,129,60 1,450,950,90 1,498,157,80 1,328,549,13 1,340,752,04 Imports (US$'000) 1,161,213,20 1,187,314,60 1,214,955,70 1,057,616,38 1,060,672,01 Major import sources of Germany (2016) Major export destinations of Germany (2016) 9% 9% 8% 41% 41% China Netherlands France USA Italy Poland Switzerland Czech Republic Austria Belgium USA France UK Netherlands China Italy Austria Poland Switzerland Belgium

3 US$'000 Major import products of Germany (2016) Major export products of Germany (2016) 1 18% % 1 Machinery (Automatic data-processing machines, turbojets) Electrical machinery (Telephone sets, Electronic intergrated circuits) Mineral fuels Organic chemicals Iron and steel Furniture Machinery & parts (Centrifuges dryers, transition shafts) Electrical equipment (Electrical circuits, telephone sets) Aircraft, spacecraft, and parts Mineral fuels Organic chemicals Zimbabwe-Germany Trade 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10, Exports (US$'000) 83,765 71,142 61,620 55,631 60,627 Imports (US$'000) 74,430 51,046 42,476 50,884 31,749 Trade Bal (US$'000) 9,335 20,096 19,144 4,747 28,878

4 Zimbabwe s major exports to Germany (2016) Zimbabwe exports to Germany in 2016, (US$ 000) Annual growth in value between , %, p.a. Germany Imports from the World in 2016 (US$ 000) Tobacco unmanufactured 25, ,825 Vermiculite, graphite 15, ,019,139 Black fermented tea and coffee 3, ,375,535 Cane sugar 2, ,301 Peas & beans 2, ,487,245 Raw hides and skins 1, ,080 Articles of apparel, accessories, not 1, ,666,557 knit or crochet Oranges & avocadoes 1, ,221,714 Granite - polished, decorated or 1, ,409 worked Copper, unrefined 1, ,971 Zimbabwe products with export potential to Germany Zimbabwe's imports from Germany (2016) Fresh cut roses and buds Beans, peas, cucumbers, lettuce, Cauliflowers and headed broccoli Fresh or dried oranges, melons, avocadoes, pineapples, mangoes, guavas Fish fillets and pieces, fresh, chilled or frozen Tobacco, unmanufactured Tea Granite Graphite Ferrochromium Art & Craft Stone sculptures 18% 8% 4 Machinery ( packing or wrapping machinery) Miscellaneous chemical products (Diagnostic or laboratory reagents) Electrical machinery and parts (Electric motor; electrical transformers) Miscellaneous articles of base metal Cereals

5 Useful Addresses Embassy of the Republic of Zimbabwe 80 Kommandanten Strasse Berlin Tel: Fax: Embassy of Germany 30 Ceres Road Avondale P. O. Box A1475 Harare Tel: Fax: info@harare.diplo.de Website: Chamber of Commerce Deutscher Industrie-und Handelskammertag e. V. Breite Strase Berlin Tel: Fax bruessel.ute@dihk.de Website: Preferential Trade Arrangements Interim Economic Partnership Agreement (iepa) Zimbabwe signed the iepa under the Eastern and Southern African Bloc with the European Commission on 29 August 2009 together with three other countries (Madagascar, Seychelles and Mauritius). The interim EPA consolidates the duty free, quota-free market access which the EU28 offers to all exports from the four Eastern and Southern African States (ESA). The ESA countries involved will gradually open their markets to EU exports over 15 years, with some exceptions for products that ESA countries consider sensitive. Travelling to Germany Zimbabwe nationals must apply for a visa in person at the Germany Embassy. A valid passport (at least 6 months) is required. Options to travel to Germany by air include: Harare-Johannesburg-Berlin Harare-Lusaka-Dubai-Berlin Harare-Addis Ababa-Berlin For more information, please contact us info@zimtrade.co.zw Disclaimer: ZimTrade strives to compile reliable, research-based information that is passed on to our clients in good faith. Whilst every care has been taken in the production of this report, ZimTrade does not accept any responsibility for the accuracy of the information supplied. For more information about ZimTrade and its activities log on to