German business :The reason behind strong economy of Germany

German business :The reason behind strong economy of Germany

German business: The reason behind the strong economy of Germany

german business

Things to know about Germany :

Germany is officially called Deutschland. There are many german business opportunities in the Federal Republic of Germany (Bundesrepublik Deutschland). 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.

about germany by powerlinekey

germany-ubahn-bundestag by powerlineky
Germany business

What made Germany so powerful?

The number of world-class german businesses make the country powerful and this is the main reason behind the strong economy of Germany. German currency mainly based, on features, one is a strong social management system, where everyone can put their best efforts and approach.

Zero corruption and clear nation focus and their micromanagement eco-system help, moving faster and more flexible. 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.

german business

Berlin-Germany by powerlineky

Top German-made 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.

Mercedes Benz by powerlinekey

german business

Germany exports by country :

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

German business analytics by powerlinekey

Global business report by powerlinekey

Germany’s Top Exports / Products:

  • Cars
  • Vehicle parts
  • Pharmaceuticals
  • Machinery
  • Beer
  • Aircraft/Helicopters/Spacecrafts
  • 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 business

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.german business mercedez benz by powerlinekey

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.

pharmaceuticals products powerlinekey

German business Services  :

Germany has top-level service providers example

Telecommunications,

Logistics,

Transportation,

Insurance,

And other services.

Germany ransportation map powerlinekey

Popular car brands:

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

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

Humboldt university powerlinekeyHumboldt university Germany powerlinekey

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

51.          Small medium enterprises

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Conclusion :

These business opportunities, business environments, and best business management strategy and policies are the reason behind, the strong economy of German currency and dominance into the top global rank.

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