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The largest expanding markets for German exports are in Asia and Eastern Europe

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Listed:
  • Steffen Elstner
  • Christian Grimme
  • Thomas Siemsen

Abstract

For 2010 positive stimulus is once again to be expected from exports. According to a forecast by the Ifo Institute, a 10.8% increase of German exports is expected, with growth attributable to the increasing demand from the newly industrialized countries in Asia. The eurozone and the UK as traditional customers of German goods will not maintain their shares in overall German exports. Emerging economies in China, India, Brazil, Poland and Russia will increasingly influence German export growth. In order for forecasters to take into account the various developments in different markets, the Institute has developed an export demand indicator. The indicator takes into consideration the economic dynamics in the 25 most important customer countries of German goods.

Suggested Citation

  • Steffen Elstner & Christian Grimme & Thomas Siemsen, 2010. "The largest expanding markets for German exports are in Asia and Eastern Europe," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(16), pages 22-25, August.
    • Handle: RePEc:ces:ifosdt:v:63:y:2010:i:16:p:22-25
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    File URL: https://www.ifo.de/DocDL/ifosd_2010_16_2.pdf
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    References listed on IDEAS

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    1. Kai Carstensen & Wolfgang Nierhaus & Klaus Abberger & Christian Breuer & Teresa Buchen & Steffen Elstner & Christian Grimme & Steffen Henzel & Nikolay Hristov & Michael Kleemann & Johannes Mayr & Wolf, 2010. "Ifo Economic Forecast 2010/2011:Growth forces shift to Germany," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 63(12), pages 12-63, June.
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    Cited by:

    1. Steffen Elstner & Christian Grimme & Ulrich Haskamp, 2013. "The Ifo Export Climate – an Early Indicator for the German Export Forecast," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(04), pages 36-43, March.
    2. Projektgruppe Gemeinschaftsdiagnose, 2011. "Joint Economic Forecast Spring 2011: Upswing continues - European Debt Crisis still Unresolved," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(08), pages 03-63, April.
    3. Anna Billharz & Steffen Elstner & Marcus Jüppner, 2012. "Ifo Short-Term Forecasting Methods Illustrated Using Investment in Equipment," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(21), pages 24-33, November.
    4. Christian Grimme & Magnus Reif & Timo Wollmershäuser, 2016. "The Impact of the British Vote in Favour of a Brexit on the German Economy in 2016/17," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(13), pages 38-43, July.
    5. Christian Grimme & Claire Thürwächter, 2015. "The Impact of Exchange Rates on German Exports – Simulations with Error Correction Models," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(20), pages 35-38, October.
    6. Timo Wollmershäuser & Wolfgang Nierhaus & Tim Oliver Berg & Christian Breuer & Johanna Garnitz & Christian Grimme & Atanas Hristov & Nikolay Hristov & Wolfgang Meister & Magnus Reif & Felix Schröter &, 2015. "Ifo Economic Forecast 2015/2017: Modest Upswing Continues," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(24), pages 23-66, December.

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    JEL classification:

    • F10 - International Economics - - Trade - - - General

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