PARIS, March 10 /Xinhua-PRNewswire/ -- Germany has been the world's top exporting nation for the last five years. It shipped US$1.13 trillion worth of goods abroad in 2007. Therefore, it is no surprise that logistics is one of Germany's most important industries. Representatives from Invest in Germany, the country's inward investment promotion agency, will be at SITL 2008 in Paris from March 11-14 to promote the advantages of an investment in Europe's largest economy.
As global integration of industry increases, the need to find reliable logistics services will continue to increase. Germany over the years has proven to be a leader in providing logistics services to companies seeking to enter and expand in the European market. In 2006, logistics industry revenue in Germany fell just short of hitting EUR190 billion, with an annual growth rate of 5%.
Germany is also a global leader in logistics innovation and technology, and it is the leading exporting nation in the intralogistics industry. Germany is home to the world's leading logistics players including Deutsche Post World Net (#1), its subsidiary DHL, and many other smaller companies that are active in Germany, totaling over 2.5 million employees nationwide.
Logistics companies see many advantages in the German market. Its central position in the EU makes it an ideal location for logistics hubs and distribution centers in Europe. Serving over 82 million Germans, 150 million consumers in its 10 neighboring countries, and over 460 million EU residents, Germany is the direct link to western and eastern European markets. Physical and technical infrastructure is also an important factor for logistics companies. Germany not only has a state-of-the-art network of roads, railways, airports, and waterways, but also offers word-class ICT systems.
Invest in Germany is the inward investment promotion agency of the Federal Republic of Germany. It provides investors with comprehensive support, from site selection to the implementation of investment decisions. Invest in Germany has stand E028 at SITL 2008.
