Being one of the most important harbors in Europe, Hamburg is an important trading link between Germany and the other parts of the world. Hamburg trade & industry has got a boost with the joint contributions of both small and large scale industries in Hamburg.
The manufacturing industries in Hamburg have a stronghold on the market of Germany. The GDP earnings of Hamburg is 79.96 billion Euros. While the Hamburg manufacturing industries account for 12.68 billion Euro of the total GDP, Hamburg trade, transport, restaurants and hotels account for a total of 18.62 billion Euros. The private and the public industrial sectors contribute 13.51 billion Euros to the economy of Hamburg. The rest of the GDP is earned by the entertainment sector, tourism and export.
Hamburg trade & industry have proved to be the best avenues for Hamburg jobs. As per a 2004 estimate, following is the data of employed persons in the different commercial sectors in Hamburg:
- Manufacturing-160900
- Financial services, letting and leasing,
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corporate service provides- 277400
- Trade, transport, hotels and restaurants-308700
- Public and private sector service providers-298700
The three main types of industries that form the plinth of Hamburg economy are:
- Rubber, crude oil, cocoa, copper ore, coffee, tobacco, oilseeds and tea processing industries.
- Non-maritime industries
- Marine industries that include shipbuilding, mechanical engineering
The Hamburg Stock Exchange and the banks form an integral part of the financial sector in the city. Some of the important Hamburg banks that cater to the financial requirements of individuals and small and big private firms include the Dresdner Bank, Credit Suisse, Bank of China, Haspa Bank and many more. Another aspect of Hamburg Trade & Industry is the Hamburg real estate, that includes deals in apartments, hotels, restaurants and many more.
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