The country is well supported by a highly skilled labour force and an immense manufacturing sector, allowing Germany to be relatively resilient to financial downturns in neighbouring regions.
As the leading producer of wind turbines in the world, Germany is seriously committed to their renewable energy transition called Energiewende. The country’s renewable energy sources produced approximately 46% of electricity consumed in the country, as of 2019.
Exports account for approximately for 41% of output, with the top 10 exports being vehicles, machinery, chemical goods, electronic products, electrical equipment, pharmaceuticals, transport equipment, basic metals, food products, and rubber and plastics.
