European - American Market Department, Ministry of Industry and Trade Address: No. 54 Hai Ba Trung, Hanoi, Vietnam Phone: 024 2220 5364 Email: hoangbt@moit.gov.vn

Germany is the largest economy in Europe and the 4th largest in the world. According to the World Bank, in 2020, Germany's GDP reached USD 3.806 billion (only after the US with GDP of USD 20,937 billion, China with USD 14,723 billion, Japan with USD 5.065 billion).

Besides Vietnam, the EU is currently applying the GSP mechanism and/or having FTAs with many other countries and regions in the world. Those partners also receive incentives when exporting to the EU like Vietnam although the incentives may vary among partners.

In Germany, goods are retailed through many different channels, from grocery stores, department stores, discount stores, to markets, supermarkets, hypermarkets, shopping malls, etc.,

EU member states: Because Germany is an EU member, the exchange of goods between this country and other EU members has always remained high.

Germany is known as one of the world's leading developed economies with extremely vibrant trade activities.

For many years, Germany has maintained as one of the most important export partners of Vietnam in the EU market in particular and in the world in general.

Imported goods can reach the German market through a variety of channels depending on the type of product, financial considerations as well as other factors such as market size, demand and sales potential in the long-term…

EU/Germany’s mandatory import requirements on food hygiene and safety, technical standards, labelling, packaging, etc. are very strict and more difficult to meet than other export markets of Vietnam.

Germany is a country located in Central Europe sharing borders with 9 countries, stretching from the Alps, across the North European Plain to the North Sea and the Baltic Sea, with an area of 349,380 km2 (ranking 7th in Europe).