Dear Reader, Dear Members and Friends,
Bavarian exports reached record numbers in 2015. Our companies exported goods worth 178.9 billion Euros (196 billion US Dollars). Compared to 2014, this was an increase of 6.1 percent.
The USA are still Bavaria’s most important foreign market. The goods we exported to the United States in 2015 were worth 22.7 billion Euros (24.9 billion US dollars), 15.8 percent more than in 2014 (5.9 percent after adjustment for an exchange rate effect). In 2015, the USA also became the top destination for German exports, overtaking France for the first time since 1961. In order to benefit further from the good trade relations, we support a comprehensive Transatlantic Trade and Investment Partnership between the EU and the USA.
Read more news on the Bavarian economy and the services of bayme vbm in this months’ newsletter.