Names: conventional long form: Federal Republic of Germany conventional short form: Germany local long form: Bundesrepublik Deutschland local short form: Deutschland former: German Empire, German Republic, German Reich
Capital City: Berlin
Population: 82,422,299 (July 2006 est.)
GDP Per Capita: $31,400 (2006 est.)
Currency: euro (EUR) note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Languages: German
Total Area: total: 357,021 sq km land: 349,223 sq km water: 7,798 sq km slightly smaller than Montana
Region: Europe
Industries: among the world's largest and most technologically advanced producers of iron, steel, coal, cement, chemicals, machinery, vehicles, machine tools, electronics, food and beverages, shipbuilding, textiles
Agriculture: potatoes, wheat, barley, sugar beets, fruit, cabbages; cattle, pigs, poultry
Resources: coal, lignite, natural gas, iron ore, copper, nickel, uranium, potash, salt, construction materials, timber, arable land
Labor Force:
43.66 million (2006 est.)
agriculture: 2.8% industry: 33.4% services: 63.8% (1999)
Exports:
$1.133 trillion f.o.b. (2006 est.)
machinery, vehicles, chemicals, metals and manufactures, foodstuffs, textiles
Imports:
$916.4 billion f.o.b. (2006 est.)
machinery, vehicles, chemicals, foodstuffs, textiles, metals
Overview:
Germany's affluent and technologically powerful economy - the fifth largest in the world - has become one of the slowest growing economies in the euro zone. A quick turnaround is not in the offing in the foreseeable future; however, stronger growth this year has improved employment considerably. Growth in 2001-03 fell short of 1%, rising to 1.7% in 2004, falling back to 0.9% in 2005, and increasing to 2.2% in 2006. Unemployment fell to 7.1% in October 2006, based on the Internation Labor Organization's measurement. The modernization and integration of the eastern German economy continues to be a costly long-term process, with annual transfers from west to east amounting to roughly $70 billion. Germany's aging population, combined with high chronic unemployment, has pushed social security outlays to a level exceeding contributions from workers. Structural rigidities in the labor market - including strict regulations on laying off workers and the setting of wages on a national basis - and a lack of competition in the sevice sectors have made slow growth a chronic problem. Corporate restructuring and growing capital markets are setting the foundations that could help Germany meet the long-term challenges of European economic integration and globalization; however, the current government has failed to pass meaningful economic reform that would improve growth prospects. Higher government revenues from the cyclical upturn in 2006 reduced Germany's budget deficit to within the EU's 3% debt limit.
In 2007 Missouri exported $310,377,661 in goods to Germany. This ranks Germany 8th among the 223 international buyers of Missouri goods. Missouri exports to Germany decreased from the previous year by $17,114,300 a change of -5.23%. State exports to Germany have increased over the last 5 years by $68,583,075 a change of 28.36%. Missouri exports account for 2.31%. of all 2007 US exports to Germany.
Chemicals at $154,735,626 was the largest export in 2007. The largest dollar gain was Transportation Equipment with an increase of $13,357,438 a 108.12% change. The biggest dollar loss was in Chemicals with an decrease of $41,778,250 a -21.26% change.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 111 - Agricultural Products | 92,307 | 512,752 | 187,855 | 313,060 | 422,771 | 496,881 | |
| 112 - Livestock And Livestock Products | 79,669 | 21,508 | 14,076 | 0 | 43,293 | 7,261 | |
| 113 - Forestry Products, Nesoi | 112,870 | 334,307 | 174,521 | 627,406 | 1,058,694 | 1,617,704 | |
| 212 - Minerals And Ores | 170,604 | 33,291 | 94,339 | 250,168 | 523,306 | 112,492 | |
| 311 - Food And Kindred Products | 3,724,651 | 3,366,920 | 7,703,662 | 7,929,048 | 7,488,625 | 1,820,193 | |
| 312 - Beverages And Tobacco Products | 61,635 | 0 | 0 | 28,224 | 5,104 | 0 | |
| 313 - Textiles And Fabrics | 860,777 | 578,296 | 451,560 | 952,395 | 2,479,859 | 1,820,193 | |
| 314 - Textile Mill Products | 66,364 | 203,587 | 53,319 | 16,592 | 9,222 | 52,444 | |
| 315 - Apparel And Accessories | 384,819 | 216,684 | 223,051 | 346,519 | 543,695 | 212,291 | |
| 316 - Leather And Allied Products | 378,203 | 401,161 | 246,790 | 290,329 | 321,201 | 178,864 | |
| 321 - Wood Products | 352,074 | 226,379 | 1,022,970 | 724,113 | 1,166,616 | 1,362,203 | |
| 322 - Paper | 2,537,352 | 1,740,571 | 2,033,687 | 2,423,092 | 3,238,605 | 3,136,842 | |
| 323 - Printing, Publishing And Similar Products | 1,764,565 | 2,316,290 | 2,110,157 | 1,277,386 | 1,070,831 | 762,091 | |
| 324 - Petroleum And Coal Products | 150,719 | 290,892 | 182,023 | 174,916 | 345,604 | 178,267 | |
| 325 - Chemicals | 103,982,288 | 119,455,112 | 132,666,781 | 172,545,294 | 196,513,876 | 154,735,626 | |
| 326 - Plastics And Rubber Products | 3,374,404 | 4,548,904 | 3,043,636 | 3,814,280 | 5,627,386 | 9,584,744 | |
| 327 - Nonmetallic Mineral Products | 1,226,042 | 1,375,830 | 1,507,401 | 1,353,958 | 977,332 | 2,293,518 | |
| 331 - Primary Metal Manufacturing | 495,616 | 340,407 | 671,074 | 2,126,349 | 1,232,598 | 1,729,782 | |
| 332 - Fabricated Metal Products, Nesoi | 4,317,400 | 6,577,092 | 4,348,123 | 7,176,784 | 15,292,089 | 7,191,260 | |
| 333 - Machinery, Except Electrical | 39,948,867 | 48,810,088 | 42,373,131 | 52,802,196 | 43,174,921 | 49,234,117 | |
| 334 - Computer And Electronic Products | 17,778,911 | 19,093,236 | 17,715,282 | 15,552,232 | 13,731,033 | 18,683,752 | |
| 335 - Electrical Equipment, Appliances, And Component | 4,432,133 | 5,098,727 | 4,684,671 | 4,849,502 | 3,920,557 | 11,468,937 | |
| 336 - Transportation Equipment | 47,917,120 | 11,599,336 | 31,680,175 | 22,759,201 | 12,354,609 | 25,712,047 | |
| 337 - Furniture And Fixtures | 1,297,321 | 231,455 | 373,992 | 206,843 | 151,014 | 94,614 | |
| 339 - Miscellaneous Manufactured Commodities | 4,084,904 | 6,803,411 | 15,833,647 | 6,994,173 | 6,624,980 | 7,263,490 | |
| 511 - Prepackaged Software | 0 | 0 | 0 | 0 | 16,850 | 7,120 | |
| 910 - Waste And Scrap | 1,033,175 | 351,567 | 1,243,094 | 1,372,972 | 6,181,511 | 1,824,745 | |
| 920 - Used Or Second-hand Merchandise | 50,020 | 107,501 | 16,534 | 3,360,733 | 553,677 | 893,084 | |
| 990 - Special Classification Provisions, Nesoi | 1,119,776 | 2,342,104 | 589,484 | 875,106 | 2,422,102 | 2,443,786 | |
| 000 - Total All Industries MO | 241,794,586 | 236,986,988 | 271,245,035 | 311,142,871 | 327,491,961 | 310,377,661 | |
| 000 - Total All Industries US | 26,628,437,885 | 28,847,947,632 | 31,380,913,209 | 34,149,178,401 | 41,319,483,098 | 49,652,005,698 | |