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Regional companies’ reliance on foreign trade is growing rapidly.

Status: 03/22/2023 07:02 a.m

Companies in the region mainly export to the USA and China. (icon picture)

Foreign trade has become increasingly important for companies in the Osnabrück-Emsland-Grafschaft Bentheim region in recent years. This emerges from an analysis by the regional Chamber of Industry and Commerce (IHK). According to this, the export rate of companies increased by five percentage points from 30 to 35 percent from 2010 to 2021. The quota describes the ratio of exports to gross domestic product. According to the IHK, foreign trade created 8,000 new jobs in the same period. Companies from the region made most of their foreign sales in the USA and China, among other places.

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The historic town hall of Osnabrück.  © City of Osnabrück, Media and Public Relations Department Photo: Dr.  Sven Juergensen

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You can hear what is important in your region in the recording of the 3:00 p.m. regional news on NDR 1 Lower Saxony. 8 mins

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NDR 1 Lower Saxony | Regional Osnabrueck | 03/22/2023 | 9:30 a.m

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