Fraud on the Alibaba Platform
Yesterday David Wei tendered his resignation as the chief executive officer of Alibaba.com. On this platform, at least 2,326 suppliers engaged in fraudulent practices against buyers over two years. Read more
4. Asia-Pacific Sourcing in Cologne
From 9th to 11th March 2011 more than 550 suppliers from the Asia-Pacific region will present their products and services from the following segments: tools, locks and fittings, fastening technology, garden machinery/ equipment and builders’ and home-improvement supplies. Read more
New Panalpina Cargo Airfreight Services
The forwarding and logistics group Panalpina will commence additional own controlled regular airfreight services connecting Luxembourg with destinations such as South Africa, Dubai and Hong Kong. It will also cover the transpacific route to Huntsville, Alabama in the USA, complementing Panalpina’s existing transatlantic airfreight service, Dixie Jet. Read more
German Imports Hit Record Level in June
Germany exported commodities to the value of EUR 86.5 billion and imported commodities to the value of EUR 72.4 billion in June 2010. Hence, German exports increased by 28.5% and imports by 31.7% in June 2010 on June 2009. This was the highest monthly export value reported since October 2008 (EUR 88.7 billion). The import value for June 2010 was the highest ever reported since foreign trade statistics have been compiled for the Federal Republic of Germany in 1950. Read more
France as Partner Country at Hannover Messe 2011
France will be the official Partner Country at Hannover Messe 2011. Reflecting the keynote theme “Innovation for sustainable growth”, the French exhibits will put the focus on the energy sector, sustainable mobility and energy efficiency. Read more
Dachser Expands in Poland
The internationally operating logistics provider, Dachser, is continuing to expand its global logistics network. The Dachser Air & Sea Logistics business segment is setting up its own team in the Polish air and sea freight market. Read more
580,000 Enterprises in Intra-Community Trade
Slightly more than 580,000 enterprises in Germany received goods from other EU member states or delivered goods to other EU member states in 2009. This means that the number of enterprises engaged in intra-Community trade was slightly down from the previous year (585,000). Just under 486,000 enterprises imported goods from other EU member states, while some 239,000 enterprises acted as exporters.
As reported by the Federal Statistical Office (Destatis), only 31 enterprises had a turnover in intra-Community trading of more than one billion euros. Last year, 42 companies were above this threshold. The share of these enterprises in total exports amounted to 25.3%, against 28.4 percent last year. As to imported goods, 37 enterprises reached a turnover of more than one billion euros, and a 22 percent share of total imports from other EU member countries. This share corresponded to last year’s level.
Regarding shipments to other EU countries, just under 168,000 enterprises achieved a turnover of less than 100,000 euros in 2009. So 70 percent of all companies engaged in EU export trading achieved a total share of under 1 percent in terms of value. Compared to this figure, more than 400,000 (83%) of all German enterprises, which import goods from the EU, had imports amounting to less than 100,000 euros. The share of these enterprises in total imports from the EU was 1.4 percent.
Destatis, exports, exporters, imports, intra-Community trade, Statistical Office
German Exports to China Unaffected by Crisis
As reported by the Federal Statistical Office (Destatis) on the occasion of the visit of the Federal President, Horst Köhler, to China from 17 to 20 May 2010, German exports to the People’s Republic of China increased – in contrast to the general trend – by 7.0% to Euro 36.5 billion in 2009 from a year earlier. For comparison: Over the same period, total German exports decreased by 17.9% to Euro 808.2 billion. Read more
German Export Performance: 2000 – 2009
The German Export Performance Index relating to the trade with the country’s 25 major trading partners increased nearly 11% between 2000 and 2009. In relation to the base year 2005 the index rose from 92 to 102 points between 2000 and 2009. Read more
Foreign Investors Appreciate Germany
Germany has proven itself internationally as an investment location, even in the crisis year 2009. Compared to the previous year, investment project inquiries increased slightly. Read more
Intralogistics Fair CeMAT 2011 in Brazil
Deutsche Messe is organizing for 2011 an intralogistics fair, for the first time in South America. It is scheduled to debut 4-7 April 2011 at Centro de Exposições Imigrantes in São Paulo, Brazil. Read more
Green Logistics at transport logistic China
Messe München International is organizing in June, together with mit Supply Chain Asia, a Green Logistics Workshop at the transport logistic China 2010. To supplement this, international transport and logistics companies present their sustainable solutions for the world market at the Shanghai New International Expo Centre (SNIEC). Read more
Input Costs Rising in December 2009
Output levels in the German manufacturing sector continued to rise at a robust rate in December, extending the current period of expansion to six months. New order volumes also increased, albeit at a slower rate, leading to a further accumulation of unfinished work. An ongoing recovery in client demand resulted in slower job shedding at the end of 2009, with the latest drop in workforce numbers the weakest for fourteen months. However, margins were squeezed in December as price discounting continued, while input costs rose for the first time since October 2008. Read more
Exports to China up 14.5 Percent
In the third quarter of 2009, German imports were 18.9 percent lower than those of the same quarter of last year, amounting to Euro 167.9 billion. When price-adjusted, imports decreased 10.9 percent. Read more
Purchasing Managers’ Index Reaches 52.4 Points
German manufacturers recorded the highest rises in output and new orders in more than two years. The Purchasing Managers’ Index (PMI) was at 52.4 in November, up from 51.0 in October, thus indicating the industry’s continued recovery. Read more
Jump in Sales in China and India
Worldwide demand for motor cars has further stabilised on most foreign markets towards the end of the year. Numerous stimulus packages have been supporting this trend. In China, sales volumes in November almost doubled with an increase of 92 percent. Read more
Deadline for METP Application: 7 January
Managers and entrepreneurs from EU companies are given the opportunity to apply for the „Managers Exchange and Training Programme“ (METP). The Chinese government and the European Commission bear the costs of the ten-month language and business training in Bejing, starting on 10 May 2010. Read more
France Remains No 1 Trading Partner
As reported by the Federal Statistical Office (Destatis), France again was Germany’s number one trading partner for exports in the previous year, accounting for Euro 93.7 billion of exports. Imports from France amounted to Euro 63.4 billion in 2008, so that France was the second most important supplier country for German imports after the Netherlands (Euro 68.0 billion). Read more
17 Percent of EU Imports from China
The share of China in EU27 trade in goods continued to rise in the first six months of 2009. Germany, the Netherlands and the United Kingdom are the largest trading partners of the People’s Republic. Read more
Gebrueder Weiss Takes over Serbian Eurocargo
The Austrian logistics service provider is strengthening its position in the Balkans by taking over the established freight forwarder and logistics company. Read more
