Competitiveness

Competitiveness

 © BDI

Exports constitute around half of German GDP. A quarter of our jobs are dependent on foreign trade. The BDI works actively to enhance competitiveness on the world markets.

Global economic integration is one of Germany’s key economic strategies. The export of goods and services constitutes around half of Germany’s gross domestic product. All in all, in Germany nine million jobs, i.e. almost a quarter of all jobs, are dependent on foreign trade. German companies largely meet the requirements of their international ecological and social responsibilities. As Europe’s business hub Germany has natural competitive advantages. Our strengths as the “system head” of industrial value added must be enhanced by research and development. Non-European markets in particular still offer great potential for German business. Enhanced access to these dynamic markets opens fresh avenues for greater prosperity – not only in Germany as a whole but also in the various regions.

Despite economic setbacks in times of crisis, globalisation’s opportunities predominate. This is not only the case as regards Germany but throughout the world. However, the financial crisis has shown us that the exports engine is by no means a self-seller. It requires continuous maintenance and care. International regulatory policy sets the framework for the global economy. 

The BDI works actively to ensure that global access to markets remains a key responsibility of foreign trade policy. This is the only way for export champion Germany to keep pace with international competition.

News

Competitiveness

German export industry on the road to recovery

 01/19/2010

The export sector suffered a severe setback in 2009, catching up will take a long time.

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