At a regional level Germany is a founding member of the European Union (EU) and the European Council. As a member of the European Union, Germany is beneficiary of the EU Free trade agreements.
With a gross domestic product of 2,423 trillion euros, the Federal Republic of Germany is:
The Largest European economy
The Third largest economy in the world
The Fifth largest economy (Purchasing Power Parity)
One of the largest industrialized nations
Frankfurt is the financial centre of the Federal Republic of Germany (the largest stock exchange in Europe)
The industry is the largest pillar of the German economy (25% of the gross domestic product, 8 million workers)
Secondary sector: 30% of the gross domestic product of Germany, 25% of the workforce of the Federal Republic of Germany (10 million people)
The services sector is the largest of the German economy (70% of the gross domestic product GDP)
The main German companies are Volkswagen, Daimler, Porsche, Siemens, Continental, BMW, Basf, Bayer, Beiersdorf, DHL, Bosch, Infineon, Deutsche Telekom, ThyssenKrupp, Bertelsmann, Lufthansa, SAP, Adidas, Hugo Boss
The Federal Republic of Germany is the second largest exporting country in the world (total imports from Germany correspond to those of France and Italy together), with its annual trade surplus of 160 billion euros
The main German exports: machinery, vehicles, metals, chemical products, textiles, manufactures and food products
The main German imports: machinery, foods, chemical products, textiles, vehicles and metals