The German chemical industry is a heavily export-driven
sector, with nearly 60% of sales generated abroad, and goods
worth EUR 108bn exported (2015) .
Of this, goods worth nearly
EUR 6bn are sold in the UK. Accounting for a proportion of
5. 5% of sector exports, the UK is a fairly interesting market.
Even though this proportion has remained largely stable in re-
cent years, nominal exports have been characterised by a slight
upward trend. Exports have increased by about 10% compared
to 2011, and many chemical products are used within the same
sector for further processing.
Against the background of declin-
ing production value in the chemical industry in the Ukin the
same period, this is a positive sign in terms of the competitive-
ness of German companies.
EU Forecast
euf:b.a18b:199/nws-01