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Germany’s stronger position in EU exports to the BRIC countries has not been reflected in similar changes in the import figures. Compared with the EU average, a more dynamic growth of imports is noticeable only in the case of Brazil. In spite of the significant growth in Germany’s exports to China, there has been no increase in Germany’s share of EU imports from China. Figure 8. Germany’s exports to the BRIC countries 65 [€ billion] 60 China 55 50 45 40 35 30 Russia 25 20 15 10 5 Brazil India 0 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Source: Federal Office for Statistics PRACE OSW REPORT OSW 09/2012 11/2013 Germany’s exports to the BRIC countries have been rising dynamically, but the speed of this process has not been identical on all these markets. Russia and China are particularly interesting, as in recent years they have become increasingly important markets for the sales of German goods. However, it should be remembered that Germany’s exports to China has been exceptionally good, compared with the entire EU exports, but the exports of German goods to the Russian market has been characterised by average performance. The period of the economic crisis has brought entirely different trends: in 2009 an acceleration of Germany’s exports to the Chinese market was observed, while the Russian market experienced a rapid decline, although German exporters managed to overcome it by as late as 2011. This was caused by the stronger dependence of Russia, compared with the other BRIC countries, on the exports of raw materials and the economic situation in the EU. Germany’s exports to India and Brazil have been developing at a similar, stable pace, especially since 2005. Exports to Brazil accelerated in 2003 after years of stagnation, while the figures reflecting exports to India rose gradually in the last decade, with a certain acceleration of growth in the last few years. 34
Figure 9. Germany’s export dynamics on selected markets in 2007–2011 120 [%] 117% 100 80 60 40 47% 62% 20 22% 0 China Russia India Brazil 1% EU Source: Federal Office for Statistics An analysis of the growth rate observed in the largest countries in the group of emerging economies shows that in 2007–2011 there was a massive growth of sales on these markets. German exporters have noted a two-fold increase in their sales to China, and an around 50% increase in the sales achieved in Brazil and India. Exports to Russia rose at a slower pace due to the greater impact of the global slowdown in that country. Compared with the figures for the BRIC countries, the EU market has experienced stagnation. PRACE OSW REPORT OSW 09/2012 11/2013 35
Page 1 and 2: CHASING GLOBALISATION GERMANY’S E
Page 3 and 4: © Copyright by Ośrodek Studiów W
Page 5 and 6: FOREWORD In 2003 the investment ban
Page 7 and 8: MAIN THESES 1. In the last decade,
Page 9 and 10: the exchange of know-how and expert
Page 11 and 12: INTRODUCTION Strengthening Germany
Page 13 and 14: government decided to assume a more
Page 15 and 16: high level of technological advance
Page 17 and 18: opportunities” 5 ). The ministry
Page 19 and 20: e further facilitated by the federa
Page 21 and 22: the document’s authors, the impro
Page 23 and 24: ceived development aid. This decisi
Page 25 and 26: tant instruments of assistance, whi
Page 27 and 28: clared that they probably would hav
Page 29 and 30: Figure 3. Total value of guarantees
Page 31 and 32: pore, Hong Kong, Thailand, Indonesi
Page 33: Figure 6. Germany’s share in tota
Page 37 and 38: Figure 11. Structure of Germany’s
Page 39 and 40: elling of Germany’s trade balance
Page 41 and 42: which happened during the Asian cri
Page 43 and 44: perienced dynamic growth, albeit no
Page 45 and 46: March 2012 BASF announced that it w
Page 47 and 48: Germany’s largest automotive, che
Page 49 and 50: 4.2. Russia After a decline of 38%
Page 51 and 52: duction companies have launched coo
Page 53 and 54: nearly 80% of its energy in hydroel
Page 55 and 56: Figure 20. Features of the Chinese
Page 57 and 58: like Germany, is interested in deve
Page 59 and 60: Figure 23. Areas which require refo
Page 61 and 62: The situation of the German compani
Page 63 and 64: APPENDIX Germany’s political rela
Page 65 and 66: consultations, Germany referred to
Page 67 and 68: oping at a slower pace. This can be
Page 69 and 70: many and Russia should also cover t
Page 71 and 72: improvement in the quality of educa
Page 73 and 74: Rousseff in 2012. The year before,
Page 75: Brazil took part in academic progra

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