China becomes most important trade partner of Bavaria

Thu 7th Jun, 2012


For the first time China is the most important trade partner of Bavaria declared Bavarian Minister for Economics Martin Zeil. Imports and exports make 7,1 billion Euro. Especially exports went up 19.1 % and compensated imports - 8.7 % (compared to 1st quarter 2011). Until last year Austria was the most important trade partner, 3rd is the USA with 6.6 billion Euros.

 

Most important export country is still USA with 4.3 billion Euros, +21.9 %. Second is China (4.1 billion + 19.9 %) followed by Austria (3.4 billion Euro; +4,2 %). Exports from Bavaria went up to 41.5 billion Euro altogether, +6.4 % compared to 2011. Main branches are automotive (+7.4 %), engineering (+12,9 %) and chemical products (+11,7 %).

Imports went up 3.0 % to 36.6 billion Euros, especially due to raw materials. The most important import country is Austria, followed by China.


Thailand's Songkran Festival Begins Amid Record Heat and New Safety Measures

The traditional Songkran festival, Thailand's most significant annual celebration marking the lunar New Year, has commenced with vibrant water festivities across the country, despite soaring...

Volkswagen Reports Decline in Global Sales but Regains Lead in Chinese Market

Volkswagen Group has experienced a decline in global vehicle deliveries in the first quarter of the year. The German automotive manufacturer delivered a total of 2.05 million vehicles across all its...

Rising Costs for Car Ownership Outpace General Inflation in Germany

The financial burden of owning and operating a car in Germany has grown significantly, with expenses rising well above the country's overall inflation rate. Recent figures from the Federal Statistical...

German Government Proposes Fuel Tax Cut and Crisis Bonus to Counter Rising Fuel Costs

In reaction to the recent surge in fuel prices following the escalation of conflict involving Iran, Germany's coalition government has announced a series of financial relief measures aimed at easing...

Over 400 Cannabis Cultivation Clubs Established Nationwide Following Partial Legalization

Nearly two years after Germany enacted partial legalization of cannabis, a recent survey reveals that more than 400 cannabis cultivation associations have been established across the country. The...

Iran Conflict Drives Down Tourism in Thailand During Songkran Festival

The tourism sector in Thailand, particularly during the country's most significant annual celebration, Songkran, is facing a pronounced downturn. This decline is attributed to the aftermath of the...

More Quick Read Articles »
German PKV Insurance

German Private Health Insurance

Both private Health Insurance in Germany and public insurance, is often complicated to navigate, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.

Hospitals

Hospital and Clinic Directory

Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.

Events

Upcoming Events

Christoph Scheuerecker: ,,Ereignis: Erzählung"

Join us at the Kunstraum in der Au for the exhibition titled ,,Ereignis: Erzählung" by Christoph Scheuerecker, focusing on the captivating world of bees. This exhibition invites visitors to explore the intricate relationship between bees and their environment through various artistic expressions,...