Business analytics of German currency and business opportunities2020-21
About Germany:
Germany is officially called Deutschland,
There are many business opportunities in the Federal Republic of Germany (Bundesrepublik Deutschland) One of the strongest economically European-based countries. 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 Eurozone.
The numbers of business opportunities make the country’s economy stronger. German currency mainly based, or features are strong social system and social market economy approach, and world-class quality production.
Additionally Country’s corruption level is very low, with a constantly developed infrastructure, micro-level management, a high level of innovation, highly qualified labor, great motivating work culture, and spirit.
Germany is one of the biggest quality products manufacturer-based exporter 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 export products:
Machinery goods, cars, space, aircraft, food and beverages, plastics, and chemicals, vehicle parts, pharmaceuticals, helicopters, and 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.
Most export partner countries:
United States, France, the United Kingdom, Netherlands, China, Italy, Austria, Poland, Switzerland, and other countries.
Germany’s Topmost Export Products:
Cars: Germany is well famous for manufacturing world-class cars. The topmost export products in Germany is cars.
Vehicle parts:
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 pharmaceuticals products and healthcare services.
Other top-level service providers example telecommunications, logistics, transportation, and other services.
Popular car brands:
BMW, Audi, Porsche, Mercedes Benz, and Volkswagen.
Germanys Top 50 Global rank industry lists as per Forbes 2019-20:
Global ranks 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, 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
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
These business opportunities and factors boost German currency and dominate into the top global rank.
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