PRODUCTS OF SAXONY’S INDUSTRY IN GREAT DEMAND ABROAD
With a 33.8 percent share in foreign sales, products of the automobile industry continue to be Saxony’s most important export goods. In 2020, foreign sales in the automobile industry amounted to a total of about 7,538 million euros. The main customers were China, the United States of America, and UK.
The foreign sales in machine construction decreased to approximately 3,375 million euros; 27 percent less than in 2019. When it comes to the manufacture of computers, electronic and optical products, the volume of transactions completed with foreign customers reached 2,834 million euros (-9.6 percent compared to 2019). And when it comes to the metal production, there was a decrease of 4.9 percent to about 2,001 million euros.
Similar to the previous years, the four above mentioned business sectors accounted for almost three quarters of all foreign sales generated by Saxony’s industry.