China becomes most important trade partner of Bavaria
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.
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BMW and Toyota to develop a fuel cell vehicle
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| Re: Will the new Alternative for Germany party find significant backing? by Tomtom | May 21, 2013, 02:34:07 PM |
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| Should Turkey be allowed into the EU? by Timothy | May 03, 2013, 01:42:36 PM |
| Are Bavarian politicians overpaid? by Timothy | May 03, 2013, 01:41:42 PM |
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