Germany is Europe's largest economy and second most populous nation (3). The Federal Republic of Germany is one of the world's leading economic powers and the world's third largest exporting country (13).

Germany’s natural resources include iron ore, coal, potash, timber, lignite, uranium, copper, natural gas, salt, nickel, arable land (3). Its economy is structured as followed (in % of GDP): services 68.6%, industry 30.7% and agriculture 0.7% (2017) (12).

Germany’s agriculture products include potatoes, wheat, barley, sugar beets, fruit, cabbages; cattle, pigs, poultry (2). Its industries include automobiles and other road vehicles, chemicals, machinery, cement, machine tools, food and beverages, shipbuilding, textiles, electrical goods, iron, steel, and coal (1;4).

Germany’s top exports commodities include vehicles, motor vehicles, machinery, chemicals products, computer and electronic products, electrical equipment, pharmaceuticals, metals, transport equipment, foodstuffs, textiles, rubber and plastic products (1). Its top imports commodities include machinery, data processing equipment, vehicles, chemicals, oil, natural gas, metals, electric equipment, pharmaceuticals, raw materials, foodstuffs, textiles, various manufactured goods and agricultural products (1;4).

Germany’s main ports and terminals are Bremen, Bremerhaven, Duisburg, Hamburg, Karlsruhe, Lubeck, Neuss-Dusseldorf, Rostock, and Wilhelmshaven (1)

Trade Statistics

Germany was the United-States 5th largest goods trading partner during 2017 (14). It was also the United States 5th largest supplier of goods imports and goods export market (8). And United-States was Germany’s main export partner in 2018(14).

Germany has the third-largest number of foreign-owned businesses (66) in Tampa Bay, about 16% of the Tampa Bay Foreign Owned Companies. German companies employ 22,000 people in Florida (5).

In 2012, the German American Chamber of Commerce of the Southern United States chose Tampa as the chapter’s headquarters. The chapter will promote and support bilateral trade between Germany and the State of Florida (6).

Trade Numbers

  • United States’ goods imports from Germany in 2018: $125,848.9 billion (16)

  • United States’ goods exports to Germany in 2018: $57,753.0 billion (16)

  • The United States’ trade deficit with Germany in 2018 was $68,096.0 billion (16)

Export Companies (10)

Keir Magoulas