Dear Reader, Dear Members and Friends,
Bavarian exports reached record numbers in 2015. Our companies exported goods worth 178.9 billion Euros (196 billion US Dollars). Compared to 2014, this was an increase of 6.1 percent.
The USA are still Bavaria’s most important foreign market. The goods we exported to the United States in 2015 were worth 22.7 billion Euros (24.9 billion US dollars), 15.8 percent more than in 2014 (5.9 percent after adjustment for an exchange rate effect). In 2015, the USA also became the top destination for German exports, overtaking France for the first time since 1961. In order to benefit further from the good trade relations, we support a comprehensive Transatlantic Trade and Investment Partnership between the EU and the USA.
Read more news on the Bavarian economy and the services of bayme vbm in this months’ newsletter.
About BavariaBavaria as industry location: An international comparison - Resources
Even though Bavaria is a relatively small region, the state reached tenth place in the international comparison with 45 countries in the category resources. This category evaluates the endowment with natural resources, energy efficiency and capital market performance.more
EconomyPrognos study Economy 2040 - Part 4: Forecast for the USA
After forty years of decline, US industry is on the way to recovery. Deindustrialization has been stopped and the industry has been revitalized.more
EconomyEconomic Outlook, March 2016
The leading indicators for Germany, the Eurozone and the world economy have fallen again. See here for the March figures.more
EconomyTTIP - Eliminating non-tariff barriers to stimulate trade
The Bavarian Industry Association supports the conclusion of the Transatlantic Trade and Investment Partnership (TTIP) with the USA. The agreement would facilitate trade between the EU and the USA.more
Legal affairsTermination of employment - Part 1: Termination on personal grounds
In German employment law, an employer may terminate an employment contract only under strict conditions.more
Innovation + technologyThe vbw Council for the Future of the Bavarian Economy - Part 5: Technological applications
The vbw Council for the Future of the Bavarian Economy has showcased innovative Bavarian technologies. Read more about the Conchifera Technology, a novel method to interconnect lithium-ion battery cells.more
Events and international affairsGamifyConference 2016 - A short review
How can today's entrepreneurs implement gamification and serious games to make their business more efficient? This first of a kind conference hosted under the roof of the Bavarian Industry Association (vbw) provided some interesting insights and ideas.more
Events and international affairsComing up: 3rd German-American Data Protection Day
On April 22nd 2016, the third German-American Data Protection Day will take place. Two of this year's main topics are the opportunities for international data transfer and the run-up to the General Data Protection Regulation.more