Müller: "40,000 new jobs in Bavaria thanks to exports"
MUNICH Bavaria is reaping enormous benefits from global trade. This was revealed by current results of the ‘Going International 2007’ survey conducted by the Chambers of Commerce and Industry (CCI) and Chambers of Foreign Trade (CFT)‚ which underlines the important role that exports play for Bavarian industry. "The survey shows that, since July 2006 alone, 200,000 new jobs have been created in Germany by exports. Bavaria accounts for some 40,000 of these new jobs. This demonstrates the great benefit that the State of Bavaria gains from globalization and free trade thanks to its competitive economy," underscored Bavaria’s Minister of Economic Affairs, Emilia Müller.
Small and medium-sized companies in particular were increasingly taking advantage of the opportunities offered by world trade. Typical SMEs were on average already operating in 16 foreign markets. Even small firms with an annual sales revenue of up to 500,000 euros were handling an average of seven markets abroad. "Products made by Bavarian companies are in great demand worldwide. And our SMEs are also excellently placed when it comes to international business. By doing business abroad, they are securing jobs, growth and prosperity in Bavaria. That is not least a success scored by our pro-active foreign trade policy," Müller added.
The Economics Minister pointed out that, in addition to the Chambers of Foreign Trade, 20 Bavarian foreign representations in North and South America, Japan, China, India, Russia, Abu Dhabi, South Africa and many Eastern European States were effectively helping the small and medium-sized enterprises to open up new foreign markets. Müller: "That is a top-class offer for our SMEs. I invite all Bavarian companies to make great use of it."
After the 13th export record in 2006 with over 141 billion euros, Bavaria is this year heading for its 14th export record in succession with probably more than 150 billion euros. Müller concluded by saying: "The export share of Bavarian industry in the Free State is now at 50 percent. One in every two euros is earned on the world markets. Every one in four jobs in Bavaria depends on exports. This means that it is enormously important for Bavaria to maintain and further enhance its frontline position in exports. We will therefore continue to pursue our pro-active foreign trade policy in the future as well, so that Bavaria can carry on successfully holding its own in the face of international competition."
