German business Analyst Data: The reason behind the strong economy of Germany

Analyzing business analyst data is always important before starting a new business. Business analysts help to define the core reason behind business growth. It is because a business must supply its valuable service as per present market demand.

When we talk about German business growth, there are many reasons behind the strong German economy. In this article, we are going to share the most crucial reasons behind the strong German economy, which can be learned and implemented to start your own business.

Table of content:
 

• Things to know about Germany :
• What made Germany so powerful?
• Why is Germany,s economy so strong?
• 11Top reasons behind growing strong german business and currency :
• Top German-made export products:  
• Germany exports by country :
• Germany’s Top Exports / Products:
• Top German-made Cars exports :
• German top vehicle parts exports:
• Germany’s top-level service providers example:
• Germany’s Top 50 Global rank industry lists as per Forbes:
• The secret of the German economy?
• List of German companies  as per Forbes industry Rank:
• Conclusion:

Things to know about Germany :

 
Germany is officially called Deutschland. There are many german business opportunities in the Federal Republic of Germany (Bundesrepublik Deutschland) as per german business analyst data. One of the strong economy-based countries in Europe. Its located in Western Europe, Covering an area of 357,022 square kilometers, it’s between the Baltic and the North Sea to the north, and the Alps to the south side.

Berlin is the capital of Germany. Germany has borders with Denmark to the north, Poland and the Czech Republic to the east, Austria, Switzerland to the south, and the west side France, Luxembourg, Belgium, and the Netherlands. Germany is the founding member of the European Union and the Eurozone.
 

What made Germany so powerful?

 
The number of world-class german businesses makes the country powerful and this is the main reason behind the strong economy of Germany. German currency is mainly based, on features, one is a strong social management system, where everyone can put in their best efforts and approach.
Zero corruption and clear work focus and their micromanagement eco-system help, move faster and more flexibly. They provide world-class quality production.

Why is Germany,s economy so strong | 11Top reasons behind growing strong german business and currency :

• Research and analysis,
• Constantly developing infrastructure,
• Micro-level management,
• A high level of innovation,
• World-class skill development,
• Highly qualified labor,
• Great motivating work culture,
• Best strategy and policies,
• Social system,
• Zero corruption and clean focus,
• Spirit.

 
 
Germany is also one of the biggest quality products manufacturer-based exporters in the global market today. Germany was ranked the world’s third-largest exporter in both sectors of goods and services in 2019. Germany’s Exports With $1.27 trillion in global exports.

Top German-made export products:  

 
Machinery goods, cars, space, aircraft, food and beverages, plastics, and chemicals, vehicle parts, pharmaceuticals, helicopters, refined petroleum, petroleum gas, engine parts, machinery, and medical instruments. Business opportunities sectors continued as Natural gas, nickel, timber, potash, salt, iron ore, uranium, and copper in Germany.

Germany exports by country :

 
United States, France, Switzerland the United Kingdom, Italy, Netherlands, China, Austria, Poland, and other countries.

Germany’s Top Exports / Products:

• Cars
• Vehicle parts
• Pharmaceuticals
• Machinery
• Beer
• Aircraft/Helicopters/Spacecraft
• Chemical goods

Top German-made Cars exports :

• Volkswagen
• Mercedez Benz
• BMW
• Audi
• Porsche

Germany is well famous for manufacturing world-class cars. The topmost export product in Germany is cars.

German top vehicle parts exports:

• Vehicle Doors,
• Windows,
• Sensors,
• Body and engine parts,
• Audio and video devices,
• Braking systems,
• Fuel supply system,
• Gauges and meters,
• Electrical and electronics parts.

Pharmaceuticals:

 
German pharmaceutical products continue to dominate the global market, due to the constant increases in quality in the production of pharmaceutical products and healthcare services.

German business Services | Germany’s top-level service providers example:

• Telecommunications,
• Logistics,
• Transportation,
• Insurance,
• And other services.

Which are the most popular car brands in Germany?

• Volkswagen,
• BMW,
• Audi,
• Porsche,
• and Mercedes Benz.

Germany’s Top 50 Global rank industry lists as per Forbes:

 
Global ranks 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including net profit,  revenue, total assets, and market value of the company, each factor is given a defined rank in terms of importance, and quality, considering the overall ranking.

The secret of the German economy?

List of German companies  as per Forbes industry Rank:

Nr/Rank/Name/Sector :

 
1          18        Volkswagen                                  Automotive
2          23        Allianz Munich                            Insurance
3          37        Daimler AG                                  Automotive
4          57        BMW   Munich                            Automotive
5          64        Siemens                                        Conglomerate
6          99        BASF                                           Chemicals
7          116      Deutsche Telekom                        Telecommunications
8          147      Munich                                          -Re-Insurance
9          164      Bayer   Leverkusen                       Pharmaceuticals
10        176      SAP SE Walldorf                          Technology
11        208      Deutsche Post                               Transportation
12        239      Continental AG                             Automotive parts
13        258      Fresenius                                       Healthcare
14        263      E.ON                                              Electric utility
15        322      Henkel                                           Consumer goods
16        413      Lufthansa                                       Airline
17        430      Adidas                                            Apparel
18        482      HeidelbergCement                          Building material
19        484      Talanx                                              Insurance
20        494      Commerzbank                                 Banking
21        547      Deutsche Bank                                Banking
22        566      Merck Group                                   Pharmaceuticals
23        621      Vonovia           Bochum                    Real estate
24        624      Evonik Industries                              Chemicals
25        626      RWE    Essen                                     Electric utility
26        667      Porsche SE                                         Automotive
27        672      Deutsche Börse                                  Finance
28        710      Uniper                                                 Electric utility
29        761      Covestro                                              Chemicals
30        780      Infineon Technologies                         Technology
31        809      EnBW  Karlsruhe                                 Electric utilities
32        820      Deutsche Wohnen                                 Real estate
33        847      ThyssenKrupp                                       Conglomerate
34        960      Beiersdorf                                              Consumer goods
35        992      TUI AG                                                  Hospitality
36        1026    Schaeffler Group                                    Automotive parts
37        1113    Knorr-Bremse                                         Technology
38        1252    Metro AG                                                Retail
39        1260    Brenntag                                                   Chemicals
40        1312    Wüstenrot & Württembergische               Finances
41        1341    KION Group                                              Technology
42        1522    Ceconomy                                                  Retail
43        1536    Hella    Lippstadt                                         Automotive parts
44        1569    MTU Aero Engines                                     Aerospace and defense
45        1571    LEG Immobilien                                          Real estate
46        1679    Deutsche Pfandbriefbank                             Banking
47        1709    BayWa                                                          Retail
48        1751    Wirecard                                                        Finance
49        1780    Aareal Bank                                                  Banking
50        1812    Nürnberger Versicherung                              Insurance
 

     
 

 
 
Conclusion :

This German business analysis based on global business analyst data may help you start up a problem-solving global business. These business opportunities, business environments, best business management strategies, and their best policies are the reason behind, the strong economy of the German currency and its dominance in the top global rankings.

This business research is made by collecting information from various government websites and personal visits by powerlinekey.
 

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