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Germany is one of the leading export nations. In 2022 it exported goods and services valued at some 1,576 billion Euros. The balance of foreign trade fort he year posted a surplus of 81 billion Euros. Germany has above all the strong performance of its industry to thank for its strength in exports. The manufacturing industry sells 50 percent of its goods abroad. In some sectors the volume of foreign trade is even higher still: The automobile industry netted an export share of 76 percent.

→ bmwi.de

In the city and state of Hamburg it is the port that is the power-house of the economy, though with Airbus, Otto Versand and Beiersdorf also located here, this is not immediately apparent. The tanker terminals, mean that almost all the major oil-refining companies are represented in the port. For pleasure-seekers, there is the entertainment district of St. Pauli. Yet Hamburg’s reputation as a media and science center is of greater importance to its inhabitants. The need for culture is satisfied by renowned institutes such as the Kunsthalle and more than 30  theaters – including the state opera company with world ballet star John Neumeier. On a national basis Hamburg leads the way when it comes to musicals, which every month bring thousands of visitors thronging to the city.

Capital: Hamburg
Population: 1,892,122
Surface area: 755 km2

The World Trade Organization (WTO) was founded in 1995 and serves to implement the existing treaties on international trade. It is likewise a forum for negotiation on liberalizing global trade. In the present Doha round Germany has been expressly championing better integration of the developing countries into world trade. The WTO is based in Geneva (Switzerland).

→ wto.org