Global Discussion Growth of Regional Essay

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It is likely that the effects of this slowdown will be negligible, therefore.

The Balance of Germany's Trading Partners

Germany maintains an overall trade surplus of approximately a billion dollars, exporting more goods that are produced in Germany than it imports. As the largest European economy with a still-vibrant industrial and manufacturing sector, this trade imbalance is hardly surprising-it is more surprising, in fact, that the surplus is not larger than it currently stands. When it comes to Germany's specific trading partners, there are also few surprises -- the United States is a major importer of German goods, though it exports less to the Germany than do other nations; Spain, France, and Italy also have significant trade relationships with Germany -- all of them are border-sharing neighbors with the country, and all of them also have a trade deficits, importing more German goods than they export back. Given the overall size of the German and other European economies, however, these trade imbalances with Germany are not actually especially extreme.

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When examining the market entry potentials for Germany, an understanding of the trade balance that it has with its neighbors and other nations is especially important. Knowing where the products that are purchased and used in Germany come from, whether they be domestically produced or imported form one of the many trading partners Germany has, will definitely have an impact on the strategies employed for market entry. The country definitely seems to have a preference for domestically produced goods, which has real implications for foreign entry......

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