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  You are in Trade Information > Potential Markets > Germany
 
 
Germany
Foreign Trade
Key Economic Indicators
International trade is crucial to the German economy. The FRG has always sought close trade relations
with other countries and uphold the principles of an international division of labour. After the liberalized trade policy and removal of custom duties and other trade barriers to trade, FRG has achieved the world’s second largest foreign trade turnover (after the United States). Together with the United States and Japan, the FRG ranks at the top in global trade. The main principles governing German trade policy are:
International division of labour rather than self-sufficiency.
Global competition rather than trade restrictions.
Reconciliation of interest rather than economic confrontation.
   
Exports and Imports
Germany’s main exports are motor vehicles, machinery and chemical and electrical engineering products. German exports are known for the quality of their products, comprehensive service and on-time delivery. The most important imports are motor vehicles, agricultural and electrical products and machinery, clothing and accessories and crude petroleum and petroleum products.
   
  Imports and Exports of Germany
 
  1993 1994 1995
Exports (DM MN) 628,387 690,573 727,732
Imports (DM MN) 566,495 616,955 634,271
Trade Balance (DM MN) 61,891 73,617 93,461
   
  Trading Partners
The progressive economic integration of the EU has greatly increased intra-European trade. In 1995 about 57% of Germany’s export was sent to EU countries.

Germany’s main trading partner is France. In 1995, the Federal Republic exports to France, was worth about DM 84.5 billion and imports from France was about DM 68 billion. Other major countries of destination for German products are, the United Kingdom, the United States, Italy and Netherlands. With regard to imports, France is the major partner followed by Italy, the Netherlands, the United States, the United Kingdom and Belgium/Luxemburg.
   
 
Germany's Principal Trading Partners - 1995
Imports in DM BN     Exports in DM BN  
France 68.01 France 84.5
Netherlands 53.4   United Kingdom 58.1
Italy 52.9   USA 54.6
USA 44.9   Italy 54.6
Belgium/Luxemberg 41.1   Netherlands 53.8
United Kingdom 40.4   Belgium/Luxemberg 47.0
Japan 35.2   Switzerland 39.7
Switzerland 26.1   Austria 39.2
Austria 23.2   Spain 24.7
Spain 19.6   Japan 18.8
China 15.9   Sweden 17.6
Russia 13.6   Denmark 13.8
Sweden 12.9   Poland 12.7
   
  Sri Lanka’s Trade Relations with Germany
Sri Lanka’s trade with Germany has been in favour of Sri Lanka in the past years. Exports have increased from Rs. 10,936.60 mn in 1993 to Rs. 13,861.95 mn in 1997, while Imports have increased from Rs. 6,763.39 in 1993 to Rs. 10,590.14 in 1997.
   
 
Year Export from Sri Lanka Rs. mn Import to Sri Lanka Rs. mn Trade Balance
1993 10,936.60 6,763.39 4,173.21
1994 10,980.70 8,390.23 2,590.47
1995 12,987.90 8,553.72 4,434.18
1996 14,159.30 7,904.98 6,252.32
1997 13,861.95 10,590.14 3,271.81
   
  The above table shows that the trade balance has been in favour of Sri Lanka.

Sri Lanka’s major exports to Germany are garments, tea (in bulk), other made up textile articles, clothing accessories of leather, gems, wooden craft items and desiccated coconut.
   
  Major Exports to Germany
 
Products 1993 1994 % Growth 1995 % Growth
Garments 6,550.3 6,303.0 -3.8 7,491.4 18.9
Electrical machinery & parts 609.9 455.3 -25.3 402.6 -11.6
Tea (in bulk) 464.7 436.1 -6.2 497.50 14.1
Other made up textile articles 245.8 222.1 -9.6 300.3 35.2
Clothing accessories of leather 230.8 239.5 3.8 158.1 -34.0
Gems 195.4 86.2 -55.9 97.4 13.0
Wooden crafts items 181.0 106.8 -41 120.7 13.0
Articles of unhardened rubber 166.5 167.7 0.7 274.3 63.6
Un-manufactured tobacco 162.1 131.5 -18.9 172.2 31.0
Desiccated coconut 142.2 271.6 91 365.8 34.7
Re-export 139.2 90.3 -35.1 77.6 -14.1
Instant tea 138.1 74.5 -46.1 66.1 -11.3
Crepe rubber

117.7

143.7 22.1 202.5 40.9
Apparel clothing accessories - rubber 116.3 164.2 41.2 231.1 40.7
Jewellery 102.6 115.8 12.9 141.3 22.0
Tyres & tubes 102.4 146.5 43.1 240.0 63.8
Tea packets 98.8 41.2 -58.3 124.5 202.2
Sheet rubber 82.2 11.3 35.4 186.0 67.1
Toys, games & sports requisites 77.9 102.2 31.2 169.4 65.8
Footwear (rubber) 74.9 98.1 31.0 98.2 0.1
Ceramic & porcelain products 72.6 118.3 62.9 168.7 42.6
Mattress fibre 61.4 117.4 91.2 11.9 -4.7
Cinnamon 60.09 44.7 -26.6 53.9 20.6
Cut flowers & foliage 51.8 63.4 22.4 68.8 8.5
Boilers, machinery & parts 47.0 80.7 71.7 134.8

67.0

Textile & Garments - Other 46.2 59.9 29.7 88.2 47.2
Furniture & articles of moulding mat 45.0 37.0 -17.8 47.4 28.1
Other manufacturers 42.0 44.1 5.0 51.9 17.7
Woven fabrics 34.3 246.1 617.5 197.2 -19.9
Artificial resins, plastic materials 33.8 50.2 48.5 32.1 -36.1
Copper & copper products 28.9 25.5 -11.8 16.8 -34.1
Tea bags 28.5 28.7 0.7 45.4 58.2
Mixed coir fibre 26.9 36.9 37.2 57.8 56.6
Pepper 24.9 1.4 -94.4    
Broom sticks 24.4 23.1 -5.3 36.8 59.3
Iron & steel products 23.4        
Coffee 21.2 77.1 263.7 25.0 -67.6
Parquet flooring 20.6 32.1 55.8 40.7 26.8
Aquarium fish 19.0 29.1 53.2 37.4 28.5
Other export crops 17.5 20.2 15.4 20.3 0.5
Footwear - leather 17.4 3.8 -78.2    
Aircraft parts 17.0        
Paper & Paper products 15.6 11.2 -28.2 7.5 -33.0
Bristle fibre twisted 15.4 15.4   14.6 -5.2
Rubber products 14.9        
Other mixed coir fibre 13.3 31.5 136.8 26.1 -17.1
Essential oils 10.9 8.4 -22.9 8.6 2.4
Activated carbon 10.2 17.8 74.5 12.4 -30.3
Tea - Other 10.0 5.0 -50.0    
Rubber - Other 8.1 7.0 -13.6 12.4 77.1
Diamonds   56.2   3.9 -93.1
Unhardened rubber 3.0 22.8

660

26.8 17.5
Soap, washing preparations etc 6.9 13.0 88.4 10.6 -18.5
Rubber thread   12.8   1.2 -90.6
Travel goods, bags & other (leather) 5.3 12.0 126.4 11.4 -5.0
Block rubber   8.0      
Fruits, fresh or dried 0.5 409 880 23.8 385.7
Processed fruits & fruit juices   4.4   10.5 138.6
Electronic products          
Stationary          
Wood & Wood products – Other 1.0 9.5 850 12.4 30.5
Cashew nuts 6.3 3.3 -47.6 14.7 345.5
Graphite 7.3 1.7 -76.7 3.8 123.5
Aluminium products 7.0 5.7 -18.6 6.2 8.8
Processed food6.4 2.8 -56.3 5.6 100.0 9.0
Furniture 6.3 6.5 3.2 7.7 18.5
Transport equipments & parts 3.9 - - 1.2 -
Tools & equipments 2.8 - - 2.7 -
Beverages 2.0 1.9 -5.0 3.2 68.4
Vegetables 2.0 6.9 245 3.7 -46.4
Coconut fresh nuts 1.2 2.6 116.7 3.4 30.8
Natural sands - 7.9 - 1.2 -84.8
Glass & Glassware - 7.1 - - -
Mineral sands - 2.6 - - -
Confectionery & bakery products 0.7 1.6 128.6 3.5 118.8
Coco peat - - - 2.0 -
Total exports 10,936.60 10,980,70 0.40 12,987.90 18.30
           
  Sri Lanka's major imports from Germany include machinery and mechanical appliances, man made filaments, articles of iron and steel, electrical machinery and equipment, woven fabrics, vehicles, pharmaceuticals and paper and paper board articles.
   
  Major Imports
 
Description
Volume Value (Rs.)
Nuclear reactors, Boilers, Machinery & Mechanical appliances parts there of,
Machinery, not specified or included elsewhere in this chapter, for the IND - Brewery Ma
  615,108,855.00
Nuclear reactors, Boilers, Machinery & Mechanical appliances parts there of, dish washing machines, Machinery for cleaning or drying bottles or Other 33 487,632,152.00
Nuclear reactors, Boilers, Machinery & Mechanical appliances parts there of, Turbo – jets, turbo propellers and other gas turbines - of turbo jets or turbo propellers 6,445 466,633,343.00
Nuclear reactors, Boilers, Machinery & Mechanical appliances parts there of, Compression – Ignition Internal Combustion Piston Engines (diesel or semi – marine propulsion engines) 11 396,024,309.00
Impregnated, coated, covered or laminated Textile Fabrics, Textile articles, Textile Fabrics Impregnate, Coated, Covered or Laminated with Plastics, OT – Other 155,034 349,321,856.00
20711 Iron & Steel semi-finished products of Iron or Non-alloy steel, of rectangular (Including square) cross-section, width measuring 20,665,122 311,694,654.00
Iron & Steel - rolled products of Iron or Non -alloy steel, of a width of 600 MM or MO - Other 4,555,933 212,429,909.00
Wadding, felt and non-woven special Yarn twine, cordage, ropes, cables and AR non-woven, whether impregnated or not, coated, covered or laminated - weighing more than 150g/M2 140,751 202,141,999.00
Man-made staple fibre Yarn (other than sewing thread) of synthetic staple fibres, not put up for - single yarn 265,473 175,563,042.00
Electrical Machinery & Equipment and parts there of, Sound recorders & Reproduct Electrical Transformers, Static converters (For example, rectifiers) - having a power handling capacity exceeding 10,00 kva 5 144,249,154.00
Nuclear reactors, Boilers, Machinery & Mechanical appliances parts there of, Printing Machinery, Machines for use ancillary to printing - Other 16 137,148,827.00
Nuclear reactors, Boilers, Machinery & Mechanical appliances parts there of, Machinery for sorting, screening, separating, washing, crushing grinding - Other   128,543,143.00
Paper & Paper Board articles of paper pulp, of paper or of paperboard, Newsprint, in rolls or sheet. 3,758,655 112,573,605.00
Man-made staple fibres, woven fabrics of artificial staple fibres - printed 56,876 109,306,981.00
Electrical Machinery & Equipment and parts there of, Sound recorders & Reproduct Electrical Transformers (including electrically heated Gas), laser or other light or Photo - Other 322 51,133,580.00
Articles of Iron or Steel structured (excluding pre-fabricated buildings of heading no. 9406) and parts - Other 151,045 48,525,117.00
Miscellaneous chemical products, finishing agents, dye carriers to accelerate the dyeing or fixing of dye - kind used in the textile industry 282,570 48,328,549.00
Special woven fabrics tufted, textile fabrics, lace tapestries, trimmings, embroidery in the piece, in strips or motifs of man made fibres 5,683 47,777,963.00
Paper & Paper-Board articles of paper pulp, of paper or of paperboard paper and paperboard, coated on one or both sides with kaolin (China clay) weighing more than 150 gms 796,747 46,988,138.00
Electrical Machinery & Equipment and parts there of, Sound recorders & Reproduct Electrical Apparatus for switching or protecting electrical circuits, or - Other 28,505 46,830,827.00
Paper & Paper Board articles of paper pulp, of paper or of paperboard, paper & paperboard, coated on one or both sides with Kaolin (China clay) weighing more than 150 gms. 1,396,699 46,614,227.00
Miscellaneous chemical products, Insecticides, Rodenticides, Fungicides, Herbicides, Anti-sprouting products, Anti-sprouting products and plant-growth regulators 160,519 45,072,315.00
Essential oils resinous perfumery, cosmetic or toilet preparations mixtures of odoriferous substances and mixtures (including alcoholic solutions) - Other 68,403 44,262,101.00
Nuclear reactors, Boilers, Machinery & Mechanical appliances parts there of, automatic data processing machines and units thereof, magnetic or optical portable, digital, automatic data processing, weighing not more than 10 kg. 341 43,903,502.00
Miscellaneous chemical products, Insecticides, Rodenticides, Fungicides, Herbicides, Anti-sprouting products - fungicides 231,781 41,626,634.00
Articles of Iron or Steel. Other articles of lron or Steel 144,691 41,331,350.00
Aircraft, Spacecraft and parts there of, arts, goods of heading - other parts of aeroplanes or helicopters 1,754 39,169,013.00
Plastic and articles there of, polymers of styrene, in primary form - Other 434,000 38,667,341.00
Nuclear reactors, Boilers, Machinery & Mechanical appliances parts there of weaving machines (Looms) - Other 2 38,597,790.00
Sugar & sugar confectionery, cane and chemically pure sucrose, in solid form - cane sugar 1,881,500 38,571,190.00
Special woven fabrics tufted textile fabrics, lace tapestries, trimmings, embroidery woven fabric, other than goods of heading no.5807; narrow fabric – woven pile fabrics (including terry towelling and similar terry fabrics) 33,952 36,933,123.00
Nuclear reactors, Boilers, Machinery & Mechanical appliances parts there of Taps, Cocks, Valves and similar appliances for pipes, boiler shells, tanks - Other appliances. 9,208 36,859,369.00
   
 
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