Economic Environment

Economy
GDP (2007 nom.): $3.317 trillion.
Annual growth rate: (2006) 2.7%; (2007) 2.5%; (2008 est.) 1.7%.
Per capita GDP (2007 nom.): $40,415.
Inflation rate (April 2009): 1.5%;
Unemployment rate: (2007) 9.0%; (April 2009) 8.6%.

What Germany Has to Offer

Natural resources: Iron, hard coal, lignite, potash, natural gas.
Agriculture (0.9% of GDP in 2007): Products--corn, wheat, potatoes, sugar, beets, barley, hops, viticulture, forestry, fisheries.

Industrialization

Industry (26.0 % of GDP in 2007):

Types--car-making; mechanical, electrical, and precision engineering; chemicals; environmental technology; optics; medical technology; biotech and genetic engineering; nanotechnology; aerospace; logistics.
Trade (2007): Exports--$1.328 trillion: chemicals, motor vehicles, iron and steel products, manufactured goods, electrical products. Major markets--France, U.S., and U.K. Imports--$1.059 trillion: food, petroleum products, manufactured goods, electrical products, motor vehicles, apparel. Major suppliers--France, Netherlands, U.S., China.