v Woedtke & Partners NRW | Germany

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Trading Partners

Member in Germany

The total trading volume of North Rhine-Westphalia from imports and exports amounts to around EUR 385 billion (2013). NRW’s most important trading partner is the EU (28) with a trading volume of EUR 240 billion (2013).

Committee Member in Corporate Tax matters

v. Woedtke & Partner is an internationally oriented law firm, acting for corporate and commercial clients in the heart of Dusseldorf, one of Germany’s leading business centers. We offer you access to experienced specialist lawyers who work with competence and passion for delivering excellent client service and tailored legal solutions to your legal needs. Our team is specialized in all areas of corporate and commercial law and offers its clients related legal expertise in banking and finance law, employment and media law, real estate and transport law, and tax and competition law.

EXPORTS Germany’s Number One export state 16.4 percent of all goods exported from Germany are “Made in NRW”. In 2013, the export value amounted to EUR 179.4 billion (-0.8%).

pop.

17.8m

Machinery and equipment 16.4%

Chemicals and chemical products 16.8%

Motor vehicles, trailers and semi-trailers 9.1%

Other fabricated metal products 5.6%

Basic metals

Electrical equipment

Food products

10.3%

5.6%

5.4%

One of Europe’s largest regional markets:

370 77.3

Argentina

376

S.Holstein

Belgium

95.8

381

Hamburg

Poland 96.6

389

Norway

Sachsen

409

103.6

Sweden

Berlin

414

117.7

Saudi Arabia R.Pfalz

492

Switzerland

229.7

582

Hessen

N.R.Westphalia

8.8%

Computer, electronic and optical products 8.1%

Machinery and equipment 6.5%

Chemicals and chemical products 8.8%

Motor vehicles, trailers and semi-trailers 7.7%

Coke and refined petroleum products 5.2%

Basic metals

GDP Comparison in €bn

230

601

Niedersachsen

Netherlands 389.5

614

Turkey

B.Württemberg

683

465.5

Indonesia

Bayern

879 582

N.R.Westphalia

Rep. Korea

With an import volume of almost EUR 205.2 billion, North RhineWestphalia is Germany’s strongest import state. 22.8 percent of all German imports are delivered to NRW.

In a German comparison NRW is number one

€179.4bn

Total Exports 2013 EU 28 EFTA Other European Countries USA Other Countries China Japan Other East Asian Countries

112.5bn 7.2bn 12.2bn 10.6bn 15.8bn 20.1bn 6.8bn 8.0bn

Netherlands China France Belgium UK Italy USA Poland Austria Russia Spain Switzerland

Oil & natural gas 11.2%

Sources nrwinvest IT.NRW, March 2014

World Bank August 2013 IT.NRW, March 2013

NRW is Germany’s investment location Nr. 1. 1/3 of all foreign investments are concentrated in NRW (EUR 200,6 billion). About 14,000 foreign companies from the most important investor countries control their German or European operations from NRW (3M, BP, Ericsson, Ford, LG Electronics, QVC, Sany, Toyota, Vodafone). NRW is one of the largest European markets. 16.4 percent of German exports are “Made in NRW”. 22.8 percent of all German imports go to NRW. 16 of the 40 largest German trading companies are based here (Aldi, C&A, Deichmann, Metro, Rewe, Tengelmann). NRW is a Gateway to Europe. More than 400 international direct flights depart from two major international airports and four airports with European connections. All of Europe’s major cities can be reached in a maximum of 3 hours by air. A tight road, rail and waterway network ensures good connections all over the world. Handling more than 125 million tons of goods per year, Duisburg is the world’s largest inland port. NRW is world-class in research and development. 41 technology centers and more than 40 non-university research facilities form the densest research network in Europe and provide ideal conditions for technology transfer. NRW has 70 universities and technical colleges with more than 637,000 students. 6 of the 12 largest universities in Germany are located here. 71,300 foreigners study at institutes of higher education in North RhineWestphalia.

60 30 29.3 24.1 20.7 18.2 17.6 15.4 13.5 12.5 11.3 10.6

Total imports: €205.5bn Total exports: €179.4bn

Just under a half of all exports go to seven key partner countries: 10.9%

9.8%

9.1%

Netherlands

China

France

6.3%

5.9%

5.6%

4.8%

UK

USA

Belgium

Italy

North Rhine-Westphalia

1in5 Germans live there IMPORTS

The most important trading partners in 2013 (in €billion)

More than 55 percent of NRW imports come from seven main supplying countries: 19.5%

9.8%

6.5%

6.4%

Netherlands

China

Belgium

France

4.7%

4.5%

3.8%

Italy

UK

Poland

€205.2bn

Total Imports 2013 EU 28 EFTA Other European Countries USA Other Countries China Japan Other East Asian Countries

127.9bn 8.4bn 11.2bn 7bn 15.8bn 20.1bn 6.8bn 8.0bn


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