Overview of the Construction and Mining Industry in Germany and How to Buy Equipment.
Germany
Germany is a Western European country sharing a border with the North Sea.
- Germany has a population of 83.02 million.
- Capital: Berlin
- Official Languages: German
- Total Area: 357,386 km²
- Currency: Euro (€)
Economic Statistics of Germany
Germany has the largest economy in the European Union. As of 2019, the country had a Gross Domestic Product (GDP) of 3.861 trillion USD – one of the highest in the world.
Economic Sector Divide
The shares of economic sectors in the GDP are as follows:
- Agriculture: 0.7%
- Industry: 28.6%
- Services: 70.4%
Trade Statistics
The main import-export partners of the country are:
Main Import Partners
- Netherlands: 8.12%
- United States: 6.06%
- France: 5.98%
- China: 9.08%
- Italy: 5.51%
Main Export Partners
- France: 7.96%
- Netherlands: 6.37%
- Germany: 7.07%
- The United States: 8.60%
- UK: 6.19%
Industries of Germany
Mining Industry of Germany
In 2020, the mining industry of Germany amounted to 21.6 billion USD in the GDP and was projected to be at 23.6 billion USD by 2024. The country has one of the largest mining sectors in Europe, with diverse mineral resources. The most prominent of them include Lignite, Selenium, and Feldspar – Germany has the highest global reserves of these three. The list of resources continues with Kaolin, Salt, Coal, and Gypsum.
Being a major industry, there is high demand for quality mining and mineral processing equipment. Fortunately, Camamach provides just that. <./p>
Construction Industry of Germany
The construction industry of Germany contributed 7% to the GDP. With 320 billion Euros generated in 2020, it’s one of the biggest sectors in the country. It was also fortunate enough to be exempt from the lockdowns imposed in 2020, saving it from a considerable decline. A 2.8% growth is expected with projects across the country in 2021.
With these stats, it is evident that the demand for heavy construction equipment will remain high. To best exploit the opportunities, Camamach, providing high-quality equipment, is the best choice.
Seaports and Trading Hubs of Germany
The main seaports of Germany are:
- Port of Hamburg
- Port of Bremen
- Port of Wilhelmshaven
Camamach uses the Port of Hamburg.
What heavy machinery or equipment does Germany Import?
Both the mining and construction industries of Germany have a significant impact on the country’s economy. Some of the imported equipment includes Trailer Concrete Pumps, Mobile Crushers, Beneficiation Equipment, Heavy Duty Trucks, etc.
What regulations are there on importing equipment to Germany?
Imports to Germany are subjected to the country’s own customs, laws and guidelines, and the regulations directed by the European Union. Importing from a non-EU state will cost you 19% in turnover tax.
Import Documentation
The general documentation for imports into the country include:
- Single Administrative Document (SAD)
- Customs Entry document
- Import License
- Insurance Certificate
- Bill of Landing )
- Commercial Invoice
- Packing List
- Certificate of Origin
You can visit the country’s official website for complete details.
Why should the Germany import equipment?
- Availability - Domestic industry capacity is limited, whereas foreign producers have more stock
- High Equipment Cost- In general, domestic producers are more expensive than foreign vendors.
- Equipment Quality- International manufacturers consider every aspect and provide several other benefits that customers value in the long run.
Where Can I Buy Equipment for Germany?
Camamach has years of exporting experience in Germany. Feel free to contact us at [email protected] or WhatsApp us at +86-131-2037-9271 for a FREE quotation. We also ship worldwide; for other countries, check out our experience here.
