High Demand for German High-Tech
German high-tech products are in high demand worldwide. The latest report from the Federal Association for Information Technology, Telecommunications and New Media, BITKOM, shows that sales of ICT hardware and entertainment electronics to international markets grew strongly by 11 percent or 8.2 billion euros in the first quarter of 2015. Particularly, IT hardware exports, like computers, printers, and accessories experienced an above average growth of 19 percent, which amounted to 4.1 billion euros in the first three months of 2015.
Likewise, exports of entertainment electronics increased by 19 percent with sales reaching 1.1 billion euros. Only exports of communication technology, such as telephone systems and network technology fell by 1 percent or 3 billion euros. BITKOM Managing Director, Dr. Bernhard Rohleder stated that “ICT exports increased three times more total exports. In the high-tech sector, “Made in Germany” continues to be a mark of quality around the world."
From January to March 2015, most high-tech exports were delivered to Great Britain (745 billion euros), France (711 billion euros), and the Netherlands (653 billion euros). Exports to these three countries recorded an increase of 13, 15, and 19 percent respectively. Especially exports to Poland showed the largest percentage increase of 45 percent. At the same time, deliveries to Spain rose by 22 percent.
Imports of high-tech products grew by 12 percent in the first quarter of 2015, reaching a value of 13.4 billion euros with China remaining Germany’s main trading partner. In the first three months of 2015, Germany imported products for 6.2 billion euros from China; 26 percent more than the same period last year.