Hessen 2019/2020Facts and Figures

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InfrastructureHessen in the heart of Europe

Europe’s data hub

Europe’s largest international airports

Economic StructureKey sectors

Hessen in international comparison

Hessen and its administrative districts

Selected structural data

Financial ServicesFinancial center Frankfurt

Start-up EcosystemWhere ideas and innovations are born

Trade FairsInternational trade fair location Frankfurt

Labor Market and WorkforceEmployees by economic sector

Vocational training in Hessen

Hessen InternationalThe most important foreign trade goods

Major trading partners

Foreign direct investment

Research and DevelopmentUniversities and research institutes

International CommunitiesAt home in Hessen

2

CONTENT

3

4

5

7

8

9

10

11

12

13

14

16

17

18

6

15

19

Source: Eurostat | Calculations HA Hessen Agentur3

All European business centers within a 3 hour flying radius

Europe‘s connecting city

514 millionaffluent consumers in Europe

The gateway to Europe

Access to the German and

European marketIn the center of

European markets

INFRASTRUCTURE

HESSEN IN THE HEART OF EUROPE

3

Stockholm

Moscow

Warsaw

LondonBerlin

Brussels

Paris

Frankfurt

ViennaBudapest

IstanbulRome

Madrid

15 h

1.5 h

12 h 3 h

3

Source: Research HA Hessen Agentur | Breitbandbüro Hessen, HTAI | DE-CIX4

INFRASTRUCTURE

EUROPE’S DATA HUB

Hessen is in the leading group forbroadband business supply within GermanyFrankfurt is a gigabyte city

(approx. 90% of Frankfurt‘s households can surf the internet with 1 gigabyte per second)

→The Rhine-Main region is on its way to become a gigabyteregion

Mobile communications –Hessen achieves LTE coveragefor more than 99% ofhouseholds from all 3 networks

Europe’s data traffic hub:

DE-CIX – the world’s largest internet node is in Frankfurt

Top placement in Germany’s broadband expansion

Moscow

Warsaw

Dublin

Madrid

FRANKFURT

Copenhagen

AmsterdamLondon

Rome

Stockholm

Istanbul

Lisbon

Paris

5

INFRASTRUCTURE

EUROPE’S LARGEST INTERNATIONAL AIRPORTS

Transfer passengers

Passengers per year

Metric tons of cargo per year

Direct flights per week

2.2 million

55%

69.5 million

5,050Winter Flight Schedule Frankfurt 2019/2020:

88 Airlines

259 Destinations

99 Countries

Traffic volume by sector 2018

Passengers(total traffic)in millions

Cargo (total traffic)in 1,000 metric tons

Aircraft movements(in thousands)

Frankfurt (FRA) 69.5 2,213 512

Paris (CDG) 65.9 2,135 473

Amsterdam (AMS) 63.6 1,662 479

London (LHR) 75.7 1,541 473

Frankfurt Airport

Source: Fraport AG | Research HA Hessen Agentur

6

ECONOMIC STRUCTURE

KEY SECTORS

Information and

communication

technologyTransportation and

logistics

Automotive industry /

E-mobility

Financial services Life sciences, chemical

and pharmaceutical

industry, medical

technology

Engineering industry,

electronics

Creative industriesRenewable energy

ECONOMIC STRUCTURE

HESSEN IN INTERNATIONAL COMPARISON

Source: World Bank | German Regional Accounts Working Group | Calculations HA Hessen Agentur 20187

Gross domestic product (GDP) per capita (in 1,000 €)

Hessen and selected G20 countries in comparison

53.048.5 46.7

40.8 39.136.0 35.1 33.3 30.9 29.1 26.6

19.7

9.9

USA

Au

stra

lia

Hes

sen

Ge

rman

y

Can

ada

UK

Fran

ce

Jap

an

EU-2

8

Ital

y

Rep

. Ko

rea

Sau

di-

Ara

bia

Arg

enti

na

Source: Hessian State Statistical Office | German Federal Employment Agency Statistics | Calculations: HA Hessen Agentur8

ECONOMIC STRUCTURE

HESSEN AND ITS ADMINISTRATIVE DISTRICTS

Area and Population 2018

Administrative districts

Population in million Area in km²

Inhabitantsper km²

Kassel 1.22 8,291 147

Gießen 1.05 5,381 195

Darmstadt 4.00 7,444 537

Hessen 6.27 21,116 297

Employees subject to social security contributions in 2018

Administrative district Total

Manufacturing industry in %

Service sector in %

Kassel 474,320 31.5 68.0

Gießen 369,286 33.9 65.7

Darmstadt 1,740,399 20.1 79.6

Hessen 2,584,005 24.2 75.4

Administrative District Kassel

Administrative DistrictGießen

Administrative District Darmstadt

Darmstadt

Gießen

Kassel

Selected German Federal States 2018 Hessen Deutschland

GDP per person employedin €

83,963 75,516

Gross value addedin billion €

263 3,053

Tertiary sector in %

(measured by gross value added) 73.5 68.2

Population in millions 6.3 83.0

Population density (Inhabitants per km² )

297 232

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ECONOMIC STRUCTURE

SELECTED STRUCTURAL DATA

Source: German Federal Statistical Office | German State Statistical Offices | German Federal Employment Agency Statistics | German Regional Accounts Working Group | Calculations: HA Hessen Agentur

Darmstadt

Gießen

Kassel

Regional industry expertise

Transportation industryLogisticsDecentralized energy technologiesTourism

OpticsElectronicsMechanicsLife Sciences

Chemicals and pharmaceuticalsFinanceInformation and Communication technology

FINANCIAL SERVICES

FINANCIAL CENTER FRANKFURT

10

Home to around 209 German and foreign banks, including Deutsche

Bundesbank and the European Central Bank (ECB), Frankfurt is

Germany’s leading financial centre and plays an outstanding role in

continental Europe:

The credit institutions in the financial center of Frankfurt employ

63,100 persons.

The Frankfurt stock market is one of the world’s largest trading

platforms for securities.

At the House of Finance approx. 200 researchers work on issues

relevant for the capital market.

Source: Frankfurt Main Finance e.V. I German Stock Exchange I German Central Bank I Helaba

37

172

German banks

Foreign banks

Banks headquarteredin Frankfurt

Frankfurt is the leading financial center in continental Europe and no. 2 in Europe.

START-UP ECOSYSTEM

WHERE IDEAS AND INNOVATIONS ARE BORN

11 Source: German Federal Statistical Office | Startup Genome | Research HA Hessen Agentur

7.6 start-ups per 1,000 inhabitants

(German average: 6.5)

45 cluster and network initiatives

with almost 3,800 members

Approx. 40 technology and new business centers

Frankfurt‘s TechQuartier (TQ) serves as a central contact point forStart-up and FinTech companies

The proportion of Fintech start-ups is especially high in the financial center of Frankfurt: 1 out of 8 start-ups works in the financial sector here.

Other important sectors are AI, Big Data & Analytics and Cybersecurity.

Overall, there are about 300 start-ups in Frankfurt and the surrounding area.

Source: Messe Frankfurt, Annual Report 201812

TRADE FAIRS

INTERNATIONAL TRADE FAIR LOCATION

> 41,200 exhibitors

101 events abroad

with > 55,400 exhibitors

and > 2.4 million visitors

Trade Fair Location Frankfurt

39 international trade fairs

and exhibitionsAround 1.5 million visitors 592,000 square meters of

total space

Around 2,500 employees

generated a revenue of

€ 718 million in 2018

Leading international trade

fairs

for consumer goods, lifestyle

products, textiles,

architecture, and media

LABOR MARKET AND WORKFORCE

EMPLOYEES BY ECONOMIC SECTOR

Source: German Federal Employment Agency Statistics | Calculations HA Hessen Agentur 201813

2,584,005 employees subject to social security contributions

ECONOMIC SECTOR Hessen absolute

Manufacturing industry 454,683

Construction

Vehicle trade, maintenance, and repair

130,265

346,874

Transport and warehousing 186,664

Hospitality industry 86,782

Information and communication 99,957

Financial and insurance services 138.662

Real estate, freelance, scientific and technical services 235,710

Healthcare 170,503

Residential facilities and social services 159,502

Public administration, defense, social security, ext. organization 140,082

17.6

5.0

13.4

7.23.43.95.4

9.1

6.6

6.2

5.4

16.8

Share of employees subject to social security contributions in percent

Other sectors

Vocational training is crucial for Hessen's innovative strength and competitiveness.

An essential pillar is the dual training system. It provides companies with qualified

and practically trained specialists who can contribute to the company's value chain

right after training. Around 38,000 new training contracts are concluded in Hessen

every year. With only 4.5 percent, youth unemployment is at a low level, both in the

national and international comparison. Due to the great importance of dual training,

it provides trainees with advanced qualifications within the respective occupational

groups or access to higher education without a secondary school certificate.

In addition to standard university programs, advancement is also possible in the form

of dual study programs, where practical on-the-job study content in companies is

combined with the theoretical content in dual universities to offer a more practice-

oriented course of study. More and more companies, universities and young people

are seeing the advantages of a dual study program: 130 courses at 17 universities

and vocational academies speak for themselves.

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* As of July 2019

LABOR MARKET AND WORKFORCE

DUAL TRAINING

Youth unemployment rates in EU countries in %

Selected states and Hessen in comparison, September 2019

Source: Federal Institute for Vocational Training | Statista | Ministry of Economics, Energy, Transport and Housing, State of Hessen | Hessian Ministry of Higher Education, Research and the Arts

4.5

4.7

7.2

10.1

11.6

14.5

19.3

19.7

28.7

32.8

33.2

Hessen

Germany

Netherlands

Poland

Great Britain*

EU-28

France

Sweden

Italy

Spain

Greece*

Demand for chemicals and pharmaceutical goods continued abroad in 2018, imports dominated by electrical products

The Hessian economy exported goods to the value of 64.2 billion euros in 2018. This

corresponds to an increase of 1.5 percent compared to the previous year. On the

import side, Hessen recorded a growth of 5.9 percent with an import volume of

100.1 billion euros.

The products of the chemical and pharmaceutical industries are by far Hessen’s

greatest export success. In 2018, they continue to head the rankings of the most

important export goods with a volume of 18.4 billion euros. This corresponds to

28.7 percent of Hessen's export volume. They are followed by products in electrical

engineering as well as mechanical and vehicle engineering. These product groups

are also the most important import goods. Electrical engineering products account

for the largest import volume with 15.7 billion euros, followed by chemical and

pharmaceutical products with 13.5 billion euros.

Please note: Due to the different demarcations between export (special trade) and

import (general trade), netting is not possible.

Source: Hessian State Statistical Office | Calculations: HA Hessen Agentur15

HESSEN INTERNATIONAL

THE MOST IMPORTANT FOREIGN TRADE GOODS

Product groupsExports 2018

in € millionImports 2018

in € million

Food industry 2,857 4,107

Raw materials 208 7,548

Intermediate products 4,025 9,381

Finished goods, including: 55,639 74,272

Chemical and pharmaceutical products 18,415 13,543

Machinery 7,453 11,047

Electrical engineering products 6,812 15,703

Vehicles, vehicle parts and accessories

6,800 11,001

Other goods 1,484 4,810

Total 64,213 100,118

Exports 2018 selected countries

Source: Hessian State Statistical Office | Calculations HA Hessen Agentur16

HESSEN INTERNATIONAL

MAJOR TRADING PARTNERS

CountryHessen in € million

Percentage of total exports (%)

USA 7,725 12.0

France 4,901 7.6

Netherlands 4,350 6.8

Great Britain 4,212 6.6

PR China 3,740 5.8

Italy 3,162 4.9

Poland 3,033 4.7

Austria 2,967 4.6

Spain 2,441 3.8

Belgium 2,286 3.6

Other countries 25,395 39.6

Total 64,212 100

Imports 2018 selected countries

CountryHessen in € million

Percentage of total imports (%)

PR China 11,188 11.2

USA 10,450 10.4

Russia 7,386 7.4

France 5,960 6.0

Switzerland 5,527 5.5

Netherlands 5,051 5.0

Great Britain 4,973 5.0

Japan 4,927 4.9

Italy 4,420 4.4

Belgium 4,182 4.2

Other countries 36,053 36.0

Total 100,118 100

Foreign direct investment in Hessen by country

Source: German Central Bank | Calculations HA Hessen Agentur | At the end of 201717

HESSEN INTERNATIONAL

FOREIGN DIRECT INVESTMENT

Country of origin (TOP-10) in billion € Percentage

Netherlands 24.3 23.2

USA 17.4 16.6

France 12.6 12.1

Luxembourg 10.9 10.4

Switzerland 5.0 4.8

South Korea 4.2 4.0

Sweden 3.7 3.5

Great Britain 3.5 3.3

Japan 3.1 2.9

Ireland 2.9 2.8

Other countries 17.2 16.4

Total 104.8 100

Foreign direct investments in Germany accounted for 533.8 billion euros, of which 104.8 billion euros were invested in Hessen. Thus, approximately 20% of foreign direct investments went to Hessen.

77

119

144156 163

173

193

2012 2013 2014 2015 2016 2017 2018

Foreign direct investment in Hessen (new establishments and expansion investments from established international companies)2012 – 2018

RESEARCH AND DEVELOPMENT

UNIVERSITIES AND RESEARCH INSTITUTES

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Around 80 universities, research institutes, and institutions for academic education

3,500 businesses in about

40 cluster and network initiatives

Above-average number of universities and higher

education institutions: 6.1 universities per

1 million inhabitants (Germany: 5.2)

Around 40 technology and start-up centres

20 national institutes for basic and applied research

Source: German Federal Statistical Office | DFG German Research Foundation | Hessian State Statistical Office

7 Universities

15 Other universities

16 Universities of Applied Sciences

1 Helmholtz Institute

8 Max Planck Institutes

7 Fraunhofer Institutes

4 Gottfried-Wilhelm-Leibnitz Research Institutes

25 Other research institutes

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INTERNATIONAL COMMUNITIES

AT HOME IN HESSEN

Source: German Federal Employment Agency Statistics | State Chancellery Hessen| Research HA Hessen Agentur | Deutsche Post

1,090,460 people from 190 nations come together in Hessen’s business communities, where interests are bundled and many different networking

possibilities are created.

Over 12,500 foreign companies have already decided in favor of Hessen as their preferred location.

Here, outstanding employment perspectives open up for employees from any background. The amount of employees from international

communities has increased by 42.2% since 2014. Hence, currently 15.5% of the people employed come from international communities.

35 international and multilingual schools

180 international business and culture clubs

60 foreign chambers of commerce

106 consulates

Hessen takes 2nd place in

terms of happiness in

Germany

Hessen Trade & Invest GmbHKonradinerallee 965189 Wiesbaden, Germanyinfo@htai.de | www.htai.de/enTel. +49 611 95017 85

www.invest-in-hessen.com

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