MGCC PERSPECTIVESMAY J UN 2018 23 MARKETS AND SECTORS Key Sectors The state s economic structure is a mixed one One important mainstay is the mobility sector Apart from the automotive and aerospace industries sustainable mobility concepts such as electro mobility are playing an increasingly important role Another key sector is mechanical engineering Successful companies such as Festo Trumpf Voith and many others were started and have flourished here Large corporations such as SAP IBM and Hewlett Packard represent the third main economic segment information and communication technologies For the health care sector the fourth key industry the conditions in our state are particularly auspicious Globally important companies such as Aesculap Paul Hartmann and Karl Storz are at home in Baden Württemberg Environmental technology and renewables are our drivers of future economic growth a quarter of all German environment specific goods and services are accounted for by enterprises from Baden Württemberg Mobility Industries Baden Württemberg is the birthplace of the car and home to the giants of mobility like Audi Bosch Daimler EvoBus Porsche and ZF As a manufacturing location the German Southwest has an excellent reputation in the global automotive industry with more than 100 vehicle manufacturer locations and almost 200 direct supplier facilities Around a quarter of the German turnover in the automotive industry is generated in Baden Württemberg The industry is one of the most innovative in the state and invests nearly eight billion euros a year in the research and development R D of new technologies Companies from the automotive energy and information and communication technology industries work closely on sustainable mobility solutions for the future Mechanical Engineering The state is the centre of German mechanical and plant engineering Out of the 30 largest mechanical engineering companies in Germany one third comes from the southwest In addition to the big players in this industry a large number of globally successful small and medium sized enterprises are located in Baden Württemberg Many of these companies are world market leaders in their particular field of endeavour With over 308 000 employees mechanical engineering is the largest industrial employer in Baden Area 35 741 km approx 10 of Germany Population 1 9 million approx 13 of Germany Main Cities Stuttgart Heidelberg Karlsruhe GDP 2016 477 billion euros 15 2 of German GDP R D 4 9 of GDP No 1 in the EU Export 2016 192 billion euros Export state No 1 in Germany www bw invest de en www bw i de en BADEN WÜRTTEMBERG AT A GLANCE USEFUL LINKS Baden Württemberg is home of the well known car manufacturer Porsche Ph ot o by C ar l Z ei ss Württemberg Machines and technical plants made in Baden Württemberg are in demand world wide whereby the state s overall export ratio is just under 70 percent Future Technologies Baden Württemberg invests a lot in so called cross sectional technologies whether Industry 4 0 or lightweight technology nanotechnology or photonics the research and development at the Baden Württemberg science and economic location concentrates on important future fields that have great growth potential in the state With its strengths in mechanical engineering the automotive industry and companies supplying equipment for industrial information and communications system Baden Württemberg s economy is in a leading position to exploit the potential of Industry 4 0 and develop innovative solutions Bilateral Relations For Baden Württemberg Malaysia is the most important trading partner in the ASEAN region after the trading hub of Singapore Imports and exports have risen steadily in recent years electronic goods machines and vehicles are among the two trade partners most important goods Malaysia and Baden Württemberg also maintain close relationships in higher education the Baden Württemberg Malaysia Program enabled the exchange of students from 1997 to 2015 and is now being continued through bilateral cooperation between the universities For all questions relating to Baden Württemberg as a location for science and industry Baden Württemberg International bw i is your first point of contact Visit the websites listed below to find opportunities for cooperation and investment that abound in Baden Württemberg Contributed by Baden Württemberg International Agency for International Economic and Scientific Coorporation

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