More than 20% of German tech exports
destined for Asian market
German tech industry’s economic strength
lies in the strong mix of products and
export markets. The automotive sector and
mechanical and electrical engineering
industries all export a relatively large share
of their output to the fast-growing economies.
For example, more than 20% of the exports
go to Asia. Europe will remain the largest
market and is performing relatively well. For
example, the share increased in 2012, while
exports to Asia came under pressure.
So, it is mainly the diversity of export markets that
is the force behind the German technology