Mississippi, the poorest state in the United States, is close to surpassing Europe's largest economy Germany's GDP per capita. Euronews Business compares US states with European countries.View on euronews
The weak EUR also reflects this: from 1.2USD for 1EUR to 1.03USD for 1EUR in 10 years time.
EU imports a lot of goods (finished products, raw products, fuels), and doesn’t make many products anyone outside of the EU is interested in buying. Germany’s one major industry used to be cars, but that’s dying now that china does it better and cheaper.
The weak EUR also reflects this: from 1.2USD for 1EUR to 1.03USD for 1EUR in 10 years time.
EU imports a lot of goods (finished products, raw products, fuels), and doesn’t make many products anyone outside of the EU is interested in buying. Germany’s one major industry used to be cars, but that’s dying now that china does it better and cheaper.
Cars are important but far from the only thing Germany exports (machinery, chemicals):
https://www.deutschland.de/en/topic/business/germany-in-world-trade-most-important-facts-about-imports-and-exports
Going through the list quite a big chunk of trade happens with non-EU partners, moat notably US and China bit really from all over the non-EU world https://www.destatis.de/EN/Themes/Economy/Foreign-Trade/Tables/order-rank-germany-trading-partners.pdf?__blob=publicationFile