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:
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,
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:
- Vehicle parts
- Chemical goods
Top German-made Cars exports :
- Mercedez Benz
Germany is well famous for manufacturing world-class cars. The topmost export product in Germany is cars.
German top vehicle parts exports:
- Vehicle Doors,
- Body and engine parts,
- Audio and video devices,
- Braking systems,
- Fuel supply system,
- Gauges and meters,
- Electrical and electronics parts.
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:
- And other services.
Which are the most popular car brands in Germany?
- 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:
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
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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