| The world's fourth largest economy is Germany. | | | | contribute to two-thirds of Germany's total trade |
| Being the leader in automobile production, Germany is | | | | share. |
| considered as Europe's largest economy. This | | | | The World Trade Organization (WTO) of which |
| economic leader has been the innovator, driver, and | | | | Germany is a member of, cited Germany as the |
| beneficiary of a globalized trading after the age of | | | | world's top exporter in 2005. This is the consequence |
| Industrialization. | | | | to their largest world market share in machine tools in |
| Germany has spearheaded great industrial innovations | | | | 2004. Germany's market success is due to the fact |
| including automobile design and manufacture. | | | | that products with a Made in Germany seal |
| Germany's exports account for more than 30% of | | | | guarantees quality. Most consumers do not hesitate |
| the national output. This only shows that most of the | | | | making their purchases if products are made in |
| manufactured goods and products of Germany go | | | | Germany. Thus, German goods and merchandise do |
| out of the country to the global market. As such, | | | | well in the global market. |
| Germany is considered the second largest exporter in | | | | Aside from these, Germany also is the leader of |
| the world in 2009, which amounts to $1.17 trillion | | | | mechanical engineering. For this reason, Germany |
| worth of exported products and merchandise. | | | | holds about 20% of the world market on products |
| Since Germany excels in automobile production and | | | | related to mechanical engineering. These products |
| machine tools production, automobiles and machine | | | | include electronics, goods, chemicals, vehicles, optics, |
| tools are among its major exports. Ranking third in | | | | machinery, and ship building. |
| the world's largest producers of automobiles, | | | | Some of Germany's export destinations include |
| Germany shares some of the world's automobile | | | | European countries, China, Japan, South Africa, |
| market with the United States and Japan. | | | | Australia, South Korea, Brazil, Canada, and the United |
| The main exports of Germany aside from | | | | States. Correspondingly, these countries import their |
| automobiles and machine tools include motor vehicle | | | | products to Germany too. Recently, Germany has |
| trailers, semi trailers, chemicals, electrical machinery, | | | | tightened its trading with one of the fastest growing |
| and chemical products. While Germany trades with | | | | economies of Asia, China. Some imports to Germany |
| other countries in the world, its top trading partners | | | | include minerals, precious gems, and agricultural |
| are its European neighbors. These countries | | | | products. |