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INTRODUCTION
GERMANY
• It has the largest national economy in Europe, the fourth-largest by nominal GDP in the world, and
fifth by GDP (PPP).
• In 2016, Germany recorded the highest trade surplus in the world worth $310 billion, making it the
biggest capital exporter globally.
• Germany is the third largest exporter in the world with 1.21 trillion euros in goods and services exported
in 2016.
• The service sector contributes around 70% of the total GDP, industry 29.1%, and agriculture 0.9%.
• The top 10 exports of Germany are vehicles, machinery, chemical goods, electronic products, electrical
equipment, pharmaceuticals, transport equipment, basic metals, food products, and rubber and plastics.
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• Although Porsche itself never developed and produced diesel engines, its image
has suffered from the scandal that erupted in 2015. He was quoted as saying the
company wants to concentrate on "what we can do particularly well," citing high-
performance gasoline models, hybrids and starting next year electric cars.
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