Germany is the largest economy in Europe and is an export-oriented economy. The latest trade partners chart from DeStatis shows some interesting facts. The top 3 export destinations for Germany goods in 2023 were the US, France and the Netherlands. As the Chinese economy contracted last year exports of goods to the country suffered. As …
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The average hours worked per year for countries was published by OECD recently. According to their date, the Colombian worker worked the most at over 2,405 hours per year. The average American worked just over 1,810 hours per year. The EU average was 1,570 hours. Germany had the lowest hours per worker at 1,340 hours …
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The German Stock Institute published their updated version of the DAX Index Annual Returns Triangle Chart for the years from 1953 to 2021. According to this chart, the average annual return on the DAX return over the past 70 years thru 2021 was 8.9%. For the most chart the chart shows positive returns in any …
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The top export destination for Germany is the US based on preliminary 2022 data according to Destatis. The next export country was France followed by the Netherlands. China used to the second top export market Germany in 2020. But the pandemic and other factors have changed that. China is the top country for imports into …
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Germany is the economic powerhouse of Europe. For global investors it is wise to be aware of the major countries Germany trades with and also the types of goods Germany exports and imports. With that said, Germany’s major trading partners in 2020 are shown in the chart below. The US was the largest export market for …
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