PRODUCTS OF SAXONY’S INDUSTRY IN GREAT DEMAND ABROAD
With a 39.2 percent share in foreign sales, products of the automobile industry continue to be Saxony’s most important export goods. Their sales to foreign countries have more than doubled over the past ten years. In 2015, foreign sales in the automobile industry amounted to a total of about 9.4 billion euros, which translates into a further increase of 14 percent when compared to 2014. The main customers were the United States of America and China.
The export business in machine construction dropped to approximately 3.7 billion euros; 10.2 percent less than in 2014. When it comes to the manufacture of computers, electronic and optical products, the volume of transactions completed with foreign customers increased by 7.2 percent to almost 2.8 billion euros. And when it comes to the manufacture of chemical products, there was an increase of 1.9 percent to more than 1.3 billion euros.
Similar to the previous years, the four above mentioned business sectors accounted for considerably more than two thirds of all foreign sales generated by Saxony’s industry.